Consumer Prices Plateau as Inflation Slows to Prepandemic Levels
After a period of steep inflation, Americans have seen monthly price growth ease, but when will things get back to...
Markets
EVs Made Up 10% of All New Cars Sold Last Year
The increase, driven by China and Europe, provided relief to a broader car market that suffered from economic worries, inflation...
Egg Prices Have Soared 60% in a Year. Here Is Why They Are So Expensive.
The avian flu outbreak keeps the egg supply tight as inflation rises. Source link
Chips Are the New Oil and America Is Spending Billions to Safeguard Its Supply
Only in the past two years has the U.S. fully grasped that semiconductors are now as central to modern economies...
WSJ News Exclusive | Beyond Meat’s Chief Brand Officer Beth Moskowitz Leaves Company
Beth Moskowitz departs the plant-based meat alternative pioneer as the company seeks to turn its business around. Source link
U.S., Allies Prepare Fresh Sanctions on Russian Oil Industry
Treasury officials are in Europe this week discussing price caps that go into effect next month. Source link
China’s EV Sales Broke Record in 2022 as Overall Auto Market Stalled
Rising retail demand for electric and plug-in hybrid vehicles boosted the auto market as traditional-car sales slipped 13%. Source link
Beer Sales Drop as Consumers Balk at Higher Prices
BusinessU.S. demand for beer fell at the end of last year after a strong run of defying inflation Source link
Hiring, Wage Gains Eased in December, Pointing to a Cooling Labor Market in 2023
Employers added 223,000 jobs in December, the smallest gain in two years Source link
U.S. Auto Sales in 2022 Worst in Over a Decade
BusinessAutos & TransportationAutos IndustryGM bucked last year’s industry declines to regain U.S. sales crown from Toyota Source link
Google and Meta’s Advertising Dominance Fades as TikTok, Streamers Emerge
For the first time in nearly a decade, the two largest players in online advertising are no longer raking in...
WSJ News Exclusive | DEA Pressed ADHD-Drug Makers About Impact of Telehealth Firms on Surging Demand
The Drug Enforcement Administration told makers of medication for attention-deficit hyperactivity disorder that it was concerned that “aggressive marketing practices”...
Russia Bans Sales of Oil to Countries Imposing Price Cap
The action follows moves by the Group of Seven nations barring Western companies from insuring, financing or shipping Russian crude...
Retailers Need a Last-Minute Holiday Gift From Shoppers
Discounts are back as stores try to entice cost-conscious customers. The strategy hinges on a final flurry of shopping this...
Tesla Doubles Discounts on Model 3, Model Y Vehicles
The move has fueled concern that demand for the electric vehicles may be softening. Tesla’s shares are down about 9%...
U.S. Home Sales Post Record 10th Straight Month of Declines
EconomyU.S. EconomyNovember existing-home sales fell 7.7% as Fed keeps raising interest rates Source link
FTC’s Tussle With Microsoft Puts Spotlight on Cloud Gaming
TechWhile cloud gaming is a small part of the videogame market, industry participants expect it to become more influential Source...
Oil Price Rises After Russia Cap Kicks In
MarketsCommoditiesThe sanctions aim to crimp Russia’s oil income while preventing a surge in energy prices Source link
OPEC+ Keeps Oil Curbs Despite Russia Price Cap
WorldGroup led by Saudi Arabia and Russia also faces slowing demand in China Source link
G-7 Sets Russian Oil Price Cap of $60 a Barrel
The move came just hours after the European Union united behind the figure, as Western nations try to curb Moscow’s...
