Jobless Claims Fell to New Pandemic Low of 267,000
Worker filings for unemployment insurance edged lower last week, continuing their long glide path toward pre-pandemic levels as the labor...
Economic News
Fed’s Randal Quarles to Resign at End of Year
Federal Reserve governor Randal Quarles said Monday he would resign his position around the end of this year, giving President...
Electric-Vehicle Charging Stations Win Jolt of Energy in Congress
The roughly $1 trillion infrastructure package passed by Congress on Friday provides a spark to efforts to build a national...
Infrastructure Law Seen Having Small, Positive Impact on Growth
The roughly $1 trillion infrastructure package just passed by Congress will modestly help the economy in the short run while...
Wind Manufacturers Blown Off Course
Wind turbine makers continue to struggle due to supply-chain woes and uncertainty over the future of federal tax credits, so...
U.S. Job Growth Rebounded in October
The U.S. added 531,000 jobs in October and the unemployment rate fell to 4.6%, as the labor market rebounded from...
WSJ News Exclusive | Fed Chair Powell Seen Visiting White House on Thursday
Federal Reserve Chairman Jerome Powell was seen visiting the White House on Thursday, according to people familiar with the matter....
Fed Dials Back Bond Purchases, Plots End to Stimulus by June
The central bank approved plans to begin scaling back its bond-buying stimulus program this month and end it by June,...
How the Financial Sector Is Addressing Climate Change—And Why It Matters
The organizations that lend, invest and regulate the world’s money are taking on climate change. There was a flurry of...
Farewell Offshoring, Outsourcing. Pandemic Rewrites CEO Playbook.
Uncertainty in the global supply chain is driving executives to seek operations away from cheaper countries to locales affording greater...
Central Banks Fuel New Bets on Tighter Money as Inflation Rises Globally
Stubbornly high inflation across more wealthy economies last week prompted a shakeout in bond markets as investors began expecting central...
U.S. Consumer Spending Grew More Slowly in September
Consumer spending rose 0.6% in September, the Commerce Department said Friday, as the Delta variant and supply-chain disruptions weighed on...
Tax Proposals Hit Headwinds as Democrats Try to Finalize Social Spending Deal
WASHINGTON—An 11th-hour push by Democrats to fund their social-spending and climate bill faltered, with a proposed tax on billionaires’ unrealized...
Economy Week Ahead: Central Banks, GDP, Consumer Spending
U.S. consumer spending is expected to have advanced in September. Photo: Joe Raedle/Getty Images By WSJ Staff Oct. 24, 2021...
High Inflation Creates Tax Winners and Losers. What Are You?
Inflation is about to ripple through the tax code—and the nation’s mishmash of tax provisions means some people will be...
Powell Says Supply-Side Constraints Have Worsened, Creating More Inflation Risk
Federal Reserve Chairman Jerome Powell indicated he is now somewhat more concerned about higher inflation and said that the central...
Deutsche Bank Whistleblower Gets $200 Million Bounty for Tip on Libor Misconduct
A whistleblower whose information helped U.S. and U.K. regulators investigate manipulation of global interest-rate benchmarks by Deutsche Bank AG was...
Fed’s Quarles Says More Fiscal Stimulus Could Let Transitory Inflation Continue Too Long
A top Federal Reserve official said he expected elevated inflation pressures to decline without requiring a more aggressive response by...
Democrats Try to Salvage IRS Bank-Account Reporting With Scaled-Back Plan
Democrats scaled back a proposal that would require banks to send more information about customers’ accounts to the IRS in...
China’s Third-Quarter Economic Growth Slows Sharply to 4.9%
BEIJING—China’s economy grew 4.9% in the third quarter from a year earlier, slowing sharply from the previous quarter’s 7.9% growth...
