Kamala Harris Leads U.S. Push to Bolster Economic Ties in Asia
WorldThe Biden administration is pursuing closer business ties and higher environmental and labor standards at an APEC summit in Bangkok...
politics
Apple, Fortnite Battle Moves Before Appeals Court Over App Store Monopoly Claims
Three judges are hearing the high-profile case that now includes the Justice Department and could determine the fate of the...
President Biden, Xi Jinping Move to Stabilize U.S.-China Relations
The leaders instructed officials to resume talks on major global priorities, while acknowledging areas of deep disagreement that could disrupt...
Europe Doubles Down on Big Government
WorldEuropeEconomists fear high inflation and rising interest rates will make it harder for the continent to spend its way out...
Federal Reserve Hikes by 0.75 Point, Signals Slower Increases but Ultimately Higher Rates
EconomyU.S. EconomyChairman Jerome Powell says too soon to talk about pausing rate increases Source link
Penguin Random House Blocked From Acquiring Rival Publisher Simon & Schuster
A federal judge ruled in favor of the Justice Department’s antitrust challenge to the planned $2 billion merger. Source link
U.N., Turkey Race to Save Ukraine Grain Deal
ISTANBUL—The United Nations and Turkey on Sunday scrambled to rescue an agreement that allowed Ukraine to ship grain via the...
Economic Pressures Weigh on Voters in Final Midterms Campaign Stretch
Sean Belveal, a 44-year-old assistant high-school principal in suburban Cleveland who voted for President Biden, thinks his middle-class family shouldn’t...
U.S. Wages Rose Rapidly in Third Quarter, Keeping Pressure on Inflation
Wages and prices continued to rise rapidly in the late summer, keeping the Federal Reserve on track for more interest-rate...
Accounting Errors to Cost Executives Their Bonuses Under SEC Rule
WASHINGTON—The Securities and Exchange Commission approved a rule Wednesday that requires public companies whose financial statements contain errors to recoup...
China’s Xi Jinping, Secure in Power, Faces Deepening Economic Challenges
Easing Covid rules and aiding the property sector could boost growth, but some economists worry the priority will be giving...
Facebook Says It Is Prepared to Block News Content in Canada
OTTAWA— Facebook META -1.16% owner Meta Platforms Inc. has warned Canada it is prepared to block the sharing of Canadian...
U.S. Deficit Shrank Last Fiscal Year, but Is Poised to Widen as Economy Slows
The U.S. budget deficit narrowed last year, but a cooling economy and rising interest rates put it on track to...
Essay | Janet Yellen’s Learning Curve
When Janet Yellen testified before a congressional commission almost a decade ago about the 2007-2009 global financial crisis, an interlocutor...
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...
U.K. Treasury Chief Jeremy Hunt Looks to Reassure Markets With New Tax Plan
LONDON—New U.K. Chancellor Jeremy Hunt will make a statement later Monday, unveiling new public spending and tax policies as he...
American Executives in Limbo at Chinese Chip Companies After U.S. Ban
SINGAPORE—American workers hold key positions throughout China’s domestic chip industry, helping manufacturers develop new chips to catch up with foreign...
Britain’s New Chancellor Says Some Taxes Will Rise
LONDON—The U.K.’s new chancellor, Jeremy Hunt, effectively scrapped Prime Minister Liz Truss’s signature tax-cutting plan, saying on Saturday that some...
U.S., Allies Negotiating Price Level for Russian Oil Cap
WASHINGTON—The U.S. and its partners are rushing to hammer out an agreement on a level for a price cap on...
