U.K. Inflation Hits 40-Year High, Putting Government on Defensive
LONDON—The U.K.’s annual rate of inflation jumped to a forty-year-high in April, the highest level recorded by an industrialized nation...
international relations
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...
EU Sees Economic Contraction if Russian Gas Supplies Are Halted
The European Union’s economy would likely contract during the remainder of this year if supplies of natural gas from Russia...
Jeff Bezos Criticizes Joe Biden in Twitter Spat Over Inflation
Amazon.com Inc. founder Jeff Bezos criticized the Biden administration in two tweets over the weekend for tying the corporate tax...
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...
Tech Industry Warns That More Remote-Work Jobs Are Headed Out of U.S.
WASHINGTON—Tech-industry representatives are coming to Capitol Hill this week to warn that the remote-work trend will lead to more offshoring...
Moderna Seeks to Dismiss Covid-19 Vaccine Patent Lawsuit
Moderna Inc. is trying to fend off rival companies’ claims that its Covid-19 vaccine infringes their patents, arguing that the...
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...
Immigrants to Get Extension for Expiring or Expired U.S. Work Permits
WASHINGTON—Most immigrants with recently expired or soon-to-expire work permits will be able to continue working on those documents for up...
EU Prepares Ban on Russian Oil
The European Union is likely to propose ending purchases of Russian crude oil by the 27-country bloc before the end...
Disney’s Clash With Florida Has CEOs on Alert
In private meetings and coaching sessions over the past few weeks, top business leaders have been asking a version of...
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...
