Exxon, Chevron Report Billions in Profits but Plan to Keep Spending Tight
Big oil companies are raking in their highest profits since the onset of the coronavirus pandemic, but they plan to...
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Biden Asks Congress to Extend Federal Eviction Moratorium
President Joe Biden believes Congress must extend the moratorium. Photo: erin scott/Reuters July 29, 2021 11:10 am ET The Biden...
Apple Profit Sets Record on Strong iPhone Sales
Apple Inc. AAPL -1.49% on Tuesday posted a record spring-quarter profit as customers keep embracing new iPhones and other devices,...
U.S. Population Growth, an Economic Driver, Grinds to a Halt
America’s weak population growth, already held back by a decadelong fertility slump, is dropping closer to zero because of the...
U.S. Set to Push Global Economy Over the Recovery Line
The U.S. economy likely returned to its late-2019 size during the three months through June, helping to lift global output...
Ratings for Olympics Opening Ceremony Fall 36% From 2016
The kickoff of the Summer Olympics in Tokyo drew about 17 million viewers in the U.S. on Friday on NBC,...
U.S. Buys 200 Million Covid-19 Vaccines From Pfizer and BioNTech at About $24 a Shot
The U.S. has purchased 200 million additional Covid-19 vaccine doses from Pfizer Inc. PFE 0.51% and partner BioNTech SE, BNTX...
Tenants at Risk for Eviction as Pandemic Protections Are Set to Expire
State and local governments are struggling to distribute $47 billion in federal money aimed at helping tenants who can’t pay...
Coca-Cola Boosts Outlook as Sales Rebound
The beverage giant’s sales plummeted in 2020 when the Covid-19 pandemic closed dining and entertainment venues. The company’s revenue in...
Toyota Scraps Plans for Olympics Ads in Japan During Games
TOKYO— Toyota Motor Corp. TM -1.03% said Monday that it wouldn’t run advertisements in Japan connected to the Olympics during...
Medicare Payment Collector Targets Asbestos Bankruptcy Trusts
A collection agent for Medicare service providers is suing one of the dozens of trusts established by bankrupt asbestos manufacturers...
Mortgage-Refinancing Costs Expected to Fall as Fannie, Freddie Drop Fee
WASHINGTON—The cost of refinancing government-backed home loans is expected to fall as mortgage giants Fannie Mae and Freddie Mac are...
U.S. Retail Sales Rose in June
U.S. shoppers boosted retail spending in June as the economy more broadly reopened and auto dealers navigated supply disruptions. Retail...
Cleveland Clinic, Mount Sinai and Providence Won’t Give Biogen’s New Alzheimer’s Drug
Three large hospitals are declining to administer Biogen Inc.’s BIIB -6.79% new Alzheimer’s treatment, Aduhelm, the latest rupture to emerge...
Delta Reports First Profit Since Covid-19 Pandemic Began
Delta Air Lines Inc. said U.S. vacation travel has fully recovered as the airline reported its first quarterly profit since...
Norwegian Cruise Line Sues Florida Surgeon General Over ‘Vaccine-Passport’ Ban
The cruise operator is sticking with its policy to require full vaccinations for all crew and passengers, including children, for...
Inflation Accelerates Again in June as Economic Recovery Continues
U.S. consumer prices continued to climb swiftly in June, as the economic recovery gained steam and demand outpaced the supply...
China’s Export Engine Accelerates, Defying Expectations
China’s imports and exports posted stronger-than-expected growth in June as global demand for Chinese goods remained solid and sporadic Covid-19...
Governments World-Wide Gorge on Record Debt, Testing New Limits
The pandemic has pushed global government debt to the highest level since World War II, surpassing the world’s annual economic...
Tech Firms to Buy Covid-19 Vaccines on Behalf of Taiwan’s Government
TAIPEI—Taiwan is struggling with the pandemic, short on vaccines and locked in a geopolitical fight with China over access to...
