U.S. Added 390,000 Jobs in May
The U.S. economy added jobs at a solid pace in May, extending the labor market’s long stretch of gains.Employers added...
Government Bodies
U.S. Hiring Demand Remained Strong in April
U.S. job openings remained close to record levels in April, and workers continued to quit at an elevated rate, signs...
U.S. Launches Initiatives to Boost Economic Ties With Taiwan
WASHINGTON—Amid growing tensions with China, the Biden administration is forging closer economic ties with Taiwan in areas including trade, supply...
Treasury Releases Pandemic Funding for Small Businesses as They Face New Risks
A federal pandemic aid program aimed at boosting small businesses’ access to capital is getting off the ground more than...
Digital Dollar Could Coexist With Stablecoins, Fed Vice Chairwoman Says
WASHINGTON—A U.S. central bank digital currency could one day provide consumers with a level of safety amid a proliferation of...
Glencore Settles Corruption and Bribery Charges in U.S., U.K., Brazil
Glencore GLNCY 2.01% PLC said Tuesday it would pay at least $1.2 billion and two business units would plead guilty...
Elon Musk Eyes Satellite Deal in Brazilian Amazon
SÃO PAULO—Elon Musk, the world’s richest person, flew to Brazil on Friday to announce a plan to connect thousands of...
Fed Nominee Michael Barr Supports Rewriting Lending Rules, Cautious on Capital Requirements
WASHINGTON— Michael Barr, President Biden’s pick to become the government’s most influential bank regulator, told senators that he supports a...
Steve Wynn Sued by Justice Department
WASHINGTON—The Justice Department sued casino mogul Steve Wynn Tuesday to force him to register as a lobbyist in connection with...
Why It’s So Hard to Keep Russian Diamonds and Gold Out of the U.S. Despite Sanctions
Russian gold and diamonds could still be sold in the U.S. despite being sanctioned, lawmakers and industry participants say, unless...
Baby Formula Shortage Faces Investigation by Lawmakers
WASHINGTON—The House Oversight Committee has launched an investigation into the four major manufacturers of baby formula, including the makers of...
Senate Confirms Jerome Powell to Second Term Leading Federal Reserve
Mr. Powell’s nomination, approved Thursday on an 80-19 vote, has been on track for months to win bipartisan approval despite...
Lisa Cook Wins Senate Confirmation to Federal Reserve
Lisa Cook served as an economist on the staff of the Council of Economic Advisers during the Obama administration. Photo:...
Elon Musk Says He Would Reverse Donald Trump’s Twitter Ban
“I do think that it was not correct to ban Donald Trump. I think that was a mistake because it...
Judge Dismisses Trump Suit Against Twitter Over Censorship Claims
A federal judge has tossed a lawsuit filed last year by former President Donald Trump against Twitter and its then-chief...
Rapid Pace of U.S. Job Growth Stretched Into April
The U.S. labor market extended a run of rapid job growth last month despite jittery markets and increased economic uncertainty,...
FDA Limits Authorized Use of J&J’s Covid-19 Vaccine
The Food and Drug Administration limited the use of the Covid-19 vaccine from Johnson and Johnson after reviewing the risk...
EU Proposes Ban on Russian Oil Imports
BRUSSELS—The European Union proposed a ban on imports of Russian crude oil within six months and on refined oil products...
Ukraine War Puts Spy Satellites for Hire in the Spotlight
AURORA, Colo.—Ukrainian forces hunting Russian tanks and tracking troop movement are being aided by imagery from a growing number of...
Conservation Tax-Break Deals Keep Flowing Despite IRS Crackdown
WASHINGTON—More than six years into an Internal Revenue Service clampdown on what the agency says are abuses of land-conservation tax...
