WSJ News Exclusive | Several Million U.S. Workers Seen Staying Out of Labor Force Indefinitely
Several million workers who dropped out of the U.S. workforce during the Covid-19 pandemic plan to stay out indefinitely because...
political
Tesla and Other Auto Makers Move to Restart Plants in Shanghai
Auto makers including Tesla Inc. and SAIC Motor Corp. are aiming to resume production next week in Shanghai, people familiar...
The Pandemic Was Supposed to Push All Shopping Online. It Didn’t.
When millions of locked-down Americans went online during the Covid-19 pandemic, it looked like the possible start of a permanent...
First Criminal Trials Over Wage-Fixing, Hiring Practices End in Loss for Justice Department
Juries in Texas and Colorado this week turned back the Justice Department’s efforts to prosecute corporate defendants accused of colluding...
Biden Administration Resumes Oil Leases on Federal Land
WASHINGTON—The Biden administration announced lease sales for oil and gas drilling on federal land Friday, but said it would sharply...
Elon Musk Contends Censorship, Not Abuse, Is Twitter’s Problem
Twitter Inc. executives spent years trying to promote what they called healthier discourse on the platform, adding content moderation largely...
David Zaslav Wants to Distinguish CNN From ‘Advocacy Networks’
Warner Bros. Discovery Inc. Chief Executive David Zaslav told employees that he wants CNN to focus on maximizing its impact,...
High Gasoline Prices Take Up Big Share of March Retail Spending Increase
U.S. retail sales grew modestly by 0.5% in March as consumers kept spending amid rising gasoline and food prices. Source...
Stellantis Shareholders Reject Executive Pay Packages, Including for CEO
PARIS— Stellantis NV shareholders took the unusual step Wednesday of rejecting the Jeep maker’s pay plan for top executives, including...
Supplier Prices Rose Sharply in March, Keeping Upward Pressure on U.S. Inflation
Suppliers raised prices sharply last month, a sign inflation continues to percolate through the U.S. economy. The Labor Department on...
U.K. Inflation Hits Fresh Three-Decade High, Squeezing Household Budgets
The U.K.’s inflation rate rose to a fresh three-decade high in March, as energy prices surged following Russia’s invasion of...
U.S. Inflation Accelerated to 8.5% in March, Hitting Four-Decade High
U.S. inflation surged to a new four-decade high of 8.5% in March from the same month a year ago, driven...
Former Treasury Official Michael Barr Is Frontrunner for Top Fed Banking Regulator
WASHINGTON—Michael Barr, a former Treasury Department official, is the White House’s leading candidate to serve as the Federal Reserve’s top...
China’s Latest Covid-19 Lockdowns Begin to Drag on the Economy
China’s strict Covid-19 lockdowns in Shanghai and other industrial hubs are beginning to weigh on its economy, with auto sales...
Airlines Have Been Staffing Up, Hoping for a Smoother Summer
Facing a summer of packed flights, airlines are striving to avoid the blunders of a year earlier. Carriers say they...
Nursing Homes Face Growing Number of Lawsuits From Covid-19 Fallout
Two years after the coronavirus ravaged through nursing homes, families of residents who died from Covid-19 are bringing a wave...
Visa Expects to Make Up Lost Russia Revenue Within a Year
Visa Inc. has lost about 4% of the revenue booked during its most recent fiscal year by pulling out of...
Russia Cuts Interest Rate as Financial System Stabilizes
Russia’s central bank cut its key interest rate following an unscheduled meeting of policy makers Friday, a sign that efforts to...
Interest-Rate Surge Ripples Through Economy, From Homes to Car Loans
The Fed’s moves to chill inflation have driven up bond yields and many other borrowing costs linked to them. So...
Elon Musk Delivers First Teslas Made in Texas, Teases Future Products
AUSTIN, Texas—Tesla Inc. Chief Executive Elon Musk delivered the company’s first made-in-Texas vehicles on Thursday, saying the company was entering...
