Lego Owner to Acquire Education-Technology Firm Brainpop
Lego owner Kirkbi A/S is buying U.S. video-learning firm Brainpop for $875 million, according to the companies, as the family...
Financial Services
Nobel Prize in Economics Winners Include Former Fed Chair Ben Bernanke
The Nobel Prize in Economic Sciences was awarded Monday to former Federal Reserve chief Ben Bernanke and two other U.S....
Fed’s Evans Says Rates Will Need to Remain at Higher Levels
The Federal Reserve will need to hold interest rates high enough to slow the economy after it lifts them through...
Fed’s Inflation Fight Has Some Economists Fearing an Unnecessarily Deep Downturn
Some economists fear the Federal Reserve—humbled after waiting too long to withdraw its support of a booming economy last year—is...
FTC Probes Market Power of One of Country’s Biggest Anesthesia Providers
WASHINGTON—The Federal Trade Commission is investigating one of the country’s largest anesthesiology providers, U.S. Anesthesia Partners, over whether it has...
Fed’s Lael Brainard Warns on Inflation, Financial Stability Risks
A senior Federal Reserve official warned of the risks that additional inflationary shocks could lead the central bank to raise...
Mortgage Rates Rise to 6.7%, Highest Since 2007
Mortgage rates rose to their highest level in more than 15 years, a new high since the 2008-09 financial crisis...
World Bank’s David Malpass Says He Isn’t Resigning Amid Criticism of His Climate Views
WASHINGTON—World Bank President David Malpass said Friday he wasn’t resigning from his position amid calls from climate advocates for him...
World’s Central Banks Race to Raise Rates After Fed Increase
LONDON—Central banks around the world moved Thursday to combat the effects of a soaring dollar and rising inflation, joining the...
How the Fed’s Rate Increase Will Hit Americans’ Monthly Budgets
By raising rates, the Fed seeks to cool the economy and rein in inflation, which continued to run higher than...
Fed Raises Interest Rates by 0.75 Percentage Point for Third Straight Meeting
The decision Wednesday—unanimously supported by the Fed’s 12-member rate-setting committee—will lift its benchmark federal-funds rate to a range between 3%...
Judge Rejects Antitrust Challenge to UnitedHealth Acquisition
WASHINGTON—A federal judge Monday ruled against a Justice Department antitrust challenge to UnitedHealth Group Inc.’s $13 billion acquisition of health-technology...
China’s Downturn Moderates, Though Property Woes Linger
HONG KONG—Renewed Covid-19 curbs and a worsening property downturn are dampening the outlook for China’s economy, despite some modest signs...
Activist Investor Dan Loeb Backs Off Pushing Disney to Sell ESPN
Activist investor Dan Loeb signaled Sunday morning on Twitter that he is backing off his push to persuade Walt Disney...
Affordable Care Act Health-Plan Premiums Set to Rise
Premiums for many Affordable Care Act health-insurance plans are set to rise sharply next year, a sign of how rising...
Fed’s Powell Affirms Need to Act Strongly to Fight Inflation
Federal Reserve Chairman Jerome Powell said the central bank is squarely focused on bringing down high inflation to prevent it...
CVS Announces Deal to Acquire Home-Healthcare Company Signify
CVS Health Corp. CVS -0.49% is betting $8 billion that the house call is the future of healthcare.The drugstore giant’s...
A Boss Ordered All Workers Back to the Office a Year Ago. He Has No Regrets.
Last summer, a Michigan company decided all employees needed to return to their desks five days a week. A year...
Enough, Bosses Say: This Fall, It Really Is Time to Get Back to the Office*
Labor Day marks the line in the corporate sand.Many company leaders say the end-of-summer holiday represents the best chance to...
Choosing Your Own Hours Isn’t Just for Remote Workers Anymore
It isn’t just remote workers who have gained leverage over when they work.Shift workers such as assemblers and hotel maids...
