U.S. Home Sales Fell for Ninth Straight Month in October
Sales of previously owned homes declined to a seasonally adjusted annual rate of 4.43 million, the weakest rate since May...
Markets
Twitter’s Advertising Exodus Accelerates, Despite Outreach From Elon Musk
Ad giant Omnicom joins other agencies in recommending brands pause spending, and some companies halt discussions for annual contracts. Source...
Inflation Report Leaves Fed on Track for 0.5-Point Rate Rise in December
The October inflation report is likely to keep Federal Reserve officials on track to approve a half-percentage-point interest-rate increase next...
WSJ News Exclusive | Airbnb to Make Cleaning Fees Clearer on Searches After Customer Complaints
WSJ News ExclusiveTravelThe travel company also says it will make predeparture cleaning requirements easier for customers to find earlier in...
Elon Musk Says Twitter Has Had Massive Revenue Drop
Elon Musk tweeted that Twitter has had a massive drop in revenue due to activist groups pressuring advertisers, as the...
WSJ News Exclusive | General Mills, Audi and Pfizer Join Growing List of Companies Pausing Twitter Ads
WSJ News ExclusiveMedia & MarketingAdvertisers are concerned about a flurry of executive departures at Twitter and new owner Elon Musk’s...
Merck Is Coming for Pfizer’s Pneumonia Vaccine Market Share
HealthRivals’ interest in the $7 billion market shows the drug industry’s renewed focus on vaccines Source link
Exxon Hits Record Profits Again as Oil Industry Sees Banner Quarter
The world’s largest oil companies continue to reap rewards from sustained high commodity prices as Exxon XOM 2.93% Mobil Corp....
Tech Boom Ends as Companies From Amazon to Meta Adjust to Turbulent Times
A week of earnings by big technology companies has been a rout for investors, as recession fears and the strong...
Companies Take Different Strategies to Navigate High Inflation
The first batch of earnings reports from companies for the September quarter show that corporate profit margins are feeling the...
Snap Stock Slumps Premarket as Sales Growth Shrinks, Advertisers Cut Spending
Snap, SNAP -0.64% in an investor letter Thursday, said it is operating on an assumption of no revenue growth this...
Union Pacific Profit Rises 13% as Railroads Benefit From Higher Freight Rates
Higher prices and strong demand from customers helped lift profits for major railroad operators in the most recent quarter, though...
Drugmakers Look to Limit Medicare’s New Power to Negotiate Lower Drug Prices
Drugmakers are trying to blunt Medicare’s newfound power to negotiate medicine prices while coping with internal industry disputes and ebbing...
Biden to Sell More Oil From Strategic Reserve to Keep Gas Prices in Check
WASHINGTON—The Biden administration is planning to sell more oil from the country’s strategic reserves—and is considering authorizing new sales this...
Domino’s Revenue Up as U.S. Sales Offset Strong Dollar
Domino’s Pizza Inc.’s DPZ 10.44% third-quarter revenue rose 7.1%, as higher sales from its U.S. restaurants offset a decline from...
U.S. Supplier Prices Increased in September, Maintaining Pressure on Inflation
U.S. suppliers raised prices in September from the prior month, keeping pressure on inflation that remains high but is easing...
Memory Chip Makers Struggle With Declines in Demand, Price
The pandemic boom in memory chips is on pause. A decline in prices in recent months has led the biggest...
OPEC+ Agrees to Biggest Oil Production Cut Since Start of Pandemic
VIENNA—The Organization of the Petroleum Exporting Countries and its Russia-led allies on Wednesday agreed to slash two million barrels a...
WSJ News Exclusive | London Heathrow to Drop Daily Passenger Cap After Chaotic Summer
LONDON—London Heathrow Airport has told airlines it will lift a cap on passenger numbers at its terminals later this month,...
Supermarket Discounts Are Harder to Find as Food Prices Rise
In U.S. supermarkets, toilet paper and noodles are back in stock, but one prepandemic staple has yet to fully return:...
