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...
politics
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...
US-led coalition fighting ISIS says it’s detained a senior ISIS leader in Syria
"The detained individual was assessed to be an experienced bomb maker and facilitator who became one of the group's top...
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...
Latvian foreign minister says European leaders should not fear provoking Putin and must not push Ukraine to make concessions
In an exclusive interview with CNN in Washington, DC, Rinkēvičs also outlined Latvia's key goals for NATO's approach to the...
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...
US expects announcements of more weapons to Ukraine in meeting of nearly 50 countries
Ukrainian officials have warned that Russia is gaining ground in the Donbas region of eastern Ukraine, specifically in the city...
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...
Blinken says US is prepared to make adjustments to military posture in response to North Korea
Blinken's comments, made alongside his South Korean counterpart at a news conference at the State Department, come as North Korea...
WSJ News Exclusive | Lawmakers Make Bipartisan Push for New Government Powers to Block U.S. Investments in China
Congress is pressing ahead with legislation that could rewrite the rules for American companies investing abroad, proposing the screening of...
McDonald’s in Russia Reopens Under New Ownership
MOSCOW—More than a dozen former McDonald’s MCD -1.97% restaurants reopened here under a new brand and new ownership, accompanied by...
WSJ News Exclusive | Biden Administration to Pursue Rule Requiring Less Nicotine in U.S. Cigarettes
The Biden administration intends to pursue a policy requiring tobacco companies to reduce the nicotine in all cigarettes sold in...
WSJ News Exclusive | Business Losses From Russia Top $59 Billion as Sanctions Hit
Global companies have racked up more than $59 billion in losses from their Russian operations, with more financial pain to...
As Gas Prices Near $5 a Gallon, Record Fuel Costs Upend Businesses, U.S. Economy
As U.S. gasoline prices approach a record average of $5 a gallon, fuel costs are rippling through almost every corner...
U.S. Jobless Claims Rose Above Prepandemic Average Last Week
New applications for unemployment benefits rose last week above their prepandemic average for the first time since January, adding to...
Mass graves are still being dug in Syria, anonymous whistleblower tells US senators
Dressed fully in black from head to toe with his face and head completely covered by black cloth, the gravedigger...
Powell’s Opinions on Inflation Matter, Not Biden’s
One of the reasons inflation got out of control in the 1970s is that policy makers had heterodox theories about...
