Omicron Variant Is Reported in More Countries as Officials Grapple With How to Respond
Countries around the world reported their first cases of the Omicron variant over the weekend and some imposed new travel...
Politics/International Relations
New Covid-19 Travel Restrictions Rattle Global Airline Industry, Hit Shares
The U.S. said it would restrict travel from South Africa and seven other countries in southern Africa starting Monday, joining...
Centrist Senate Democrats Signal Opposition to Biden Banking Nominee
WASHINGTON—A group of Senate Democrats have privately voiced their opposition to President Biden’s nomination of Saule Omarova to become a...
U.S. Jobless Claims Reach 52-Year Low
Weekly jobless claims fell sharply to the lowest level in 52 years, reflecting the labor market’s tightening as the economy...
Samsung to Choose Taylor, Texas, for $17 Billion Chip-Making Factory
Samsung Electronics Co. plans to build a roughly $17 billion chip-making plant in Taylor, Texas, according to people familiar with...
Biden Nears Endgame on Fed Chair Decision
President Biden faces one of the most important economic policy decisions of his presidency, which is expected this week, when...
Tax Plan Inflames Democratic Debate in Senate Over Biden’s $2 Trillion Spending Bill
WASHINGTON—House passage of Democrats’ $2 trillion education, healthcare and climate package has inflamed an intraparty debate about whether the bill...
At 1.9%, Nebraska Now Has the Lowest Unemployment Rate of Any State, Ever
Nebraska logged the lowest unemployment rate of any state on record in October, reflecting the acute labor shortages that have...
House Passes Roughly $2 Trillion Social Spending and Climate Bill
WASHINGTON—The House passed a roughly $2 trillion education, healthcare and climate package on Friday, as Democrats corralled their slim majority...
Electric-Vehicle Spat Looms Over Biden’s Meeting With Canadian, Mexican Leaders
President Biden’s summit with counterparts from Canada and Mexico at the White House brings him face-to-face with visitors who have...
U.S. Unemployment Claims Fall in Tight Job Market
Jobless claims hovered above pre-pandemic levels last week as employers avoid layoffs and many workers quit or remain sidelined in...
Tesla, Toyota Accuse Biden’s EV Tax Credit of Putting Unions Over the Environment
WASHINGTON—President Biden says he wants to save the planet and save union jobs. The electric-vehicle tax credit in his social...
Biden Asks FTC to Examine Oil, Gas Companies’ Role in High Gasoline Prices
WASHINGTON—President Biden called on the Federal Trade Commission to investigate whether oil-and-gas companies are participating in illegal conduct aimed at...
Federal Government Could Be Unable to Pay Bills as Soon as Dec. 15, Yellen Says
The U.S. government could run out of resources to meet the nation’s obligations as soon as Dec. 15, Treasury Secretary...
U.S. Shoppers Boosted Spending Last Month, Taking on Higher Prices
U.S. retail sales rose by 1.7% in October, a sign that consumers are willing to spend more headed into the...
Biden, Xi Open Talks on Friendly Note, With Tough Topics Ahead
WASHINGTON—President Biden and Chinese President Xi Jinping opened a virtual meeting Monday night with words designed to cool tensions between...
Federal Deficit Narrowed in October, Ahead of Debt-Ceiling Debate
The federal government ran a $165 billion deficit during October, a smaller gap when compared with a year earlier, as...
Jobless Claims Fell to New Pandemic Low of 267,000
Worker filings for unemployment insurance edged lower last week, continuing their long glide path toward pre-pandemic levels as the labor...
Fed’s Randal Quarles to Resign at End of Year
Federal Reserve governor Randal Quarles said Monday he would resign his position around the end of this year, giving President...
Electric-Vehicle Charging Stations Win Jolt of Energy in Congress
The roughly $1 trillion infrastructure package passed by Congress on Friday provides a spark to efforts to build a national...
