WSJ News Exclusive | IRS Delays Gig-Tax Filing Rule for Side Hustles of More Than $600
The Internal Revenue Service gives millions of Americans a one-year reprieve on new 1099-K tax-reporting requirements, offering relief to users...
Politics/International Relations
Consumer Spending Tapered Off Ahead of the Holidays
Households boosted spending on services while cutting outlays on goods, including autos. The outlook for the holiday-shopping season remains murky....
Senators Close In on Passing Omnibus Bill After Reaching Deal on Title 42 Votes
PoliticsHouse plans to quickly pass $1.65 trillion package once it clears Senate Source link
White House Looks at Benefits to Lure Americans Back Into Workforce
Biden administration officials are focusing on lagging worker participation as they craft a 2023 economic agenda. Source link
Defense Contractor L3Harris Plans to Buy Aerojet Rocketdyne for $4.7 Billion
BusinessAerojet makes engines used in missiles, including the Javelin deployed in Ukraine Source link
U.S. Inflation Eased in November, CPI Report Shows
U.S. inflation eased significantly to 7.1% in November, its slowest pace since the end of 2021, the Labor Department said...
FTC Sues to Block Microsoft’s Acquisition of Activision Blizzard
The antitrust enforcer sued Microsoft to prevent its planned $75 billion deal for Activision Blizzard, taking one of its biggest...
Exxon Holds Firm on Its Five-Year Spending Outlook
The oil company is resisting the Biden administration’s call for more investment to expand production and curb pump prices. Source...
TikTok Is Sued by State of Indiana, Accused of Targeting Young Teens With Adult Content
TechSuits come as states push back against the platform, citing worries over its influence on children and security concerns related...
EU Sues China in WTO Over Trade Retaliation on Lithuania
WorldEuropeChina’s near-total curtailment of exports from Lithuania followed moves by the Baltic state to support Taiwan Source link
U.S. Opens First Auctions for California Offshore Wind Rights
BusinessProjects, which would bring floating wind turbines to West Coast, face challenges due to deep waters off California’s coast Source...
Railroads Focus on Stabilizing Workforce After Strike Is Averted
BusinessFederal regulator and businesses criticize service disruptions; Norfolk Southern rethinks furloughs Source link
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
Robert Iger’s Return Opens Door for Florida Lawmakers to Consider Restoring Disney’s Tax Privileges
A Florida lawmaker said Robert Iger’s return as Disney CEO has boosted the prospects that the state could work out...
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...
WSJ News Exclusive | Chinese Solar Manufacturers Dodged U.S. Tariffs, Probe Finds
Updated Dec. 2, 2022 6:50 am ETListen to article(2 minutes)WASHINGTON—Four leading Chinese solar-cell manufacturers circumvented U.S. tariffs by routing some...
Third-Quarter U.S. Growth Was Stronger Than Previously Thought
Job openings in October remained high and far exceeded the number of people seeking work. Source link
Kroger, Albertsons CEOs Defend Grocery Merger at Senate Hearing
The companies’ CEOs are likely to face questions on how the proposed $20 billion deal would affect competition and shoppers....
More Venezuelan Oil Unlikely to Reach Markets Soon Despite New Chevron License
BusinessBefore pumping crude in Venezuela, Chevron must collect debt, repair equipment and bolster its workforce while facing outages and security...
