Russia’s Central Bank Slashes Rates, Sees Smaller Hit From Sanctions
Russia’s central bank Friday lowered its key interest rate below its prewar level, and said it expects the economy to...
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Uber Agrees to Pay Penalties After Overcharging People With Disabilities
The Justice Department said it settled a case with Uber Technologies Inc. that alleged the ride-hailing company wrongfully charged wait-time...
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...
Jeff Bezos Criticizes Biden’s Call for Gas Stations to Cut Prices
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Tesla, Ford and GM Raise EV Prices as Costs, Demand Grow
Auto makers are marking up electric vehicles to offset rising battery-material costs and capitalize on the interest caused by higher...
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...
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...
Tesla Raises Prices Amid Surging Costs
Tesla Inc. TSLA -8.54% has raised the prices on some of its cars by as much as $6,000, as the...
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...
Target Warns of Weaker Profit as it Faces Overstuffed Stores, Inflation-Weary Shoppers
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Bottleneck Fuels Record-High Gas Prices
A shortage of fuel-making facilities is pushing U.S. gasoline and diesel prices to record levels, just as drivers prepare for...
Americans Planning Summer Travel Face a New Hurdle: High Inflation
Americans itching to travel this summer after navigating Covid-19 for the past two years face a new disruption to plans:...
Tyson Foods Profits Soar as Meat Prices Climb
Tyson Foods Inc. TSN 2.22% reported soaring profits as the company raised prices for beef, chicken and pork, citing higher...
American, United Project Packed Planes This Summer
Airlines said they have reached a new juncture in their recovery from the Covid-19 pandemic, anticipating record revenue in the...
Peloton to Cut Price of Bikes, Raise Subscription Fees
Peloton Interactive Inc. will cut prices of its stationary bikes and treadmills and raise monthly subscriptions for online workout classes....
Supplier Prices Rose Sharply in March, Keeping Upward Pressure on U.S. Inflation
Suppliers raised prices sharply last month, a sign inflation continues to percolate through the U.S. economy. The Labor Department on...
Biden to Draw Down Oil Reserves in Bid to Ease Gas Prices
WASHINGTON—President Biden will tap up to 180 million barrels of government oil reserves to help tamp down near-record high fuel...
Price-Fixing Case Against Chicken Company Officials Ends in Mistrial, Again
The U.S. Department of Justice’s effort to prosecute alleged price fixing in the poultry industry suffered a major setback after...
Shoppers Reach Their Limits on Some Price Increases
Apparel retailers and department stores are bumping up against pockets of price resistance, a sign that consumers are curtailing spending...
Uber Imposes New Customer Fees to Offset Gas Prices
Uber Technologies Inc. is imposing a temporary surcharge on U.S. customers to soften the blow to drivers from mounting gas...
