Global Tax Talks Hit Another Delay
The most significant changes to global tax rules in a century will take longer than planned, negotiators said Monday, as...
Politics/International Relations
Manufacturers Brace for Nord Stream Repairs, Fearing Pipeline Won’t Reopen
PARIS—European manufacturers are preparing for possible natural-gas rationing that would force them to shut production amid fears that Russia is...
Justice Department Fails for Third Time to Convict Chicken Executives in Price-Fixing Trial
Federal prosecutors failed for a third time to convict five chicken-company officials of allegedly conspiring to fix prices, dealing a...
Food, Energy Issues Set to Dominate G-20 Meeting of Top Diplomats Amid Ukraine War
Higher prices for food and energy are expected to dominate a divisive meeting of top diplomats from the world’s leading...
Janet Yellen and China’s Top Trade Negotiator Discuss Tariffs on Call
HONG KONG—Chinese Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen spoke by videoconference about topics including American tariffs...
Jeff Bezos Criticizes Biden’s Call for Gas Stations to Cut Prices
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How Food Became Putin’s New Strategic Weapon
Russia has used its increased leverage over food exports from Ukraine to divide the international community and expand influence over...
FCC Member Calls On Apple, Google to Banish TikTok
WASHINGTON—A federal communications regulator has asked Apple Inc. and Google to remove Chinese-owned TikTok from their app stores, citing the...
G-7 Bid to Cap Russian Oil Price Faces Hurdle of Global Enforcement
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CVS, Walmart and Rite Aid Limit Purchases of Plan B Pills After Surge in Demand
Some of the nation’s biggest retailers are rationing over-the-counter emergency contraceptive pills as demand spikes following the Supreme Court ruling...
U.S. and G-7 Allies Detail Infrastructure Plan to Challenge China
TELFS-BUCHEN, Austria—The U.S. and allies on Sunday laid out plans to invest hundreds of billions of dollars for infrastructure projects...
WSJ News Exclusive | Facebook Parent Meta Pulls Out of Sponsorship Deal for U.S. 250th Anniversary Project
WASHINGTON— Facebook parent Meta Platforms Inc. said Wednesday it has canceled its sponsorship agreement with the organization planning the federal...
U.S. Push for Exceptions in Europe’s Sanctions on Russian Oil Gains Traction
A U.S. push to pare back one of the European Union’s sanctions on Russian oil has tentatively started to gain...
Biden Expected to Call for Temporary Federal Gasoline Tax Suspension
WASHINGTON—President Biden is planning to call for a temporary suspension of the federal gasoline tax, according to people familiar with...
Supreme Court Declines to Hear Bayer Appeal on Roundup
The Supreme Court on Tuesday declined to hear a bid by Bayer AG to end thousands of lawsuits alleging its...
Biden Says He Is Near Decision on Backing Federal Gasoline-Tax Holiday
WASHINGTON—President Biden said Monday that he may make a decision on seeking a pause to the federal gasoline tax by...
Germany Steps Up Measures to Conserve Gas as Russia Slows Supply to Europe
BERLIN—Germany will restart coal-fired power plants and offer incentives for companies to curb natural gas consumption, marking a new step...
Fed Raises Rates by 0.75 Percentage Point, Largest Increase Since 1994
The Federal Reserve approved the largest interest-rate increase since 1994 and signaled it would continue lifting rates this year at...
U.S. Retail Sales Declined in May as Inflation Stings Consumers
Americans’ retail spending declined in May, as consumers felt the pinch from inflation, higher gasoline prices and rising interest rates.Retail...
U.S. Supplier Price Gains Accelerated in May
U.S. suppliers’ prices rose in May amid higher food and energy costs, adding to pressure on inflation.The producer-price index, which...
