Spending and Inflation Figures Come as Fed Debates Pause
Economists estimate that Americans increased consumer spending last month and that price increases remained elevated. Source link
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Vivienne Westwood, Fashion Designer and Punk Icon, Dies at 81
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Fed Rate Decision Sends U.S. Treasury Yields in Different Directions
Shorter-term Treasury yields ticked higher while longer-term yields fell Wednesday after the Federal Reserve signaled interest rates will likely climb...
TV Networks Have a New Role: Farm Teams for Streaming Shows
Broadcast networks are launching fewer new shows than usual this fall, the latest sign of their diminished popularity and ambitions...
Tom Alberg, Early Amazon Investor and Long-Time Amazon Board Member, Dies at 82
Tom Alberg, an early investor in Amazon.com Inc., AMZN -1.24% longtime adviser to Jeff Bezos and leader in Seattle’s technology...
Fed Official Supports Raising Interest Rates at Fast Clip ‘for Several Meetings’
A Federal Reserve official said Monday he would support raising interest rates in half-percentage-point increments for several more meetings, adding...
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...
Elon Musk Says Twitter Deal Is on Hold, Sending Shares Lower Premarket
Elon Musk said his deal to buy Twitter Inc. TWTR -2.19% was on hold pending details on the amount of...
Elon Musk Takes Surprise 9% Stake in Twitter, Sending Shares Higher
In 2021, billionaire CEO Elon Musk reached several milestones across Tesla, SpaceX and Starlink. WSJ reporters Rebecca Elliott and Micah...
Edward ‘Ned’ Johnson, Former Fidelity CEO, Dies
Edward “Ned” Johnson III, who transformed Fidelity Investments into a financial behemoth and opened Wall Street to millions of Americans,...
Truckers Face Further Fuel Price Increases on Crude Markets Volatility
Trucking companies already coping with higher fuel costs are bracing for further increases in prices for diesel as Russia’s invasion...
Sheldon Silver, New York Power Broker Sent to Prison, Dies at 77
Former New York Assembly Speaker Sheldon Silver, one of the most powerful figures in state government for two decades before...
Fashion Designer Virgil Abloh Dies of Cancer at Age 41
PARIS—Virgil Abloh, the U.S. designer who championed streetwear and hip-hop culture in luxury fashion as one of the industry’s most...
WeWork Shares Rise on First Day of Trading, Two Years After Failed IPO
WeWork Inc. shares rose on their first day of trading Thursday, capping a journey to a listing that included the...
Economy Week Ahead: U.S. Consumers, Fed Testimony, China GDP
Inflation is the focus this week with a U.S. report on consumer prices and Federal Reserve Chairman Jerome Powell’s testimony...
