White House More Than Doubles Its Inflation Forecast in New Update
WASHINGTON—The White House more than doubled its forecast for annual inflation in new projections released Friday, as supply-chain disruptions stemming...
Respiratory Tract Diseases
U.S. Household Income Jumped in July as Spending Growth Slowed
U.S. household income rose rapidly last month as the government handed out enhanced tax breaks for parents, priming the economy...
J&J Says Covid-19 Booster Shots After Eight Months Supported by Data
Johnson & Johnson said Wednesday that a second dose of its Covid-19 vaccine was found in a study to generate...
Economy Week Ahead: Housing, Inflation and the Fed
Federal Reserve Chairman Jerome Powell’s remarks at the central bank’s Jackson Hole economic symposium on Friday cap off a full...
Toyota to Cut Output as Chip Shortage Finally Catches Up to It
TOKYO—The global semiconductor shortage has finally started to bite at Toyota Motor Corp., highlighting how a resurgence in Covid-19 infections...
Jobless Claims Likely to Fall as Labor Market Withstands Delta Variant
Applications for unemployment benefits are likely to reach a new pandemic low, showing a healing labor market even as the...
Covid-19 Booster Shot to Be Offered to Americans Fully Vaccinated With Pfizer, Moderna
The Biden administration took steps Wednesday to crack down on rising Covid-19 cases, including a call for a third shot...
Target Sales Increase as Shoppers Return to Stores
Target Corp. reported increased revenue in the second quarter as more people returned to stores and online spending moderated compared...
Companies Are Hoarding Record Cash Amid Delta Fears
Companies are sitting on a record amount of cash amid lingering uncertainty about disruptions from Covid-19, defying expectations earlier this...
U.S. Economy Likely to Outgrow China’s Due to Contrast in Pandemic Responses
The U.S. and China are trading places in the economic growth race. U.S. gross domestic product rose 12.2% in the...
Job Postings Requiring Covid-19 Vaccination Jump in Past Month
Vaccination is increasingly a requirement to be hired, as employers ranging from accounting and software firms to schools and restaurants...
Some People Shy Away From Restaurants as Delta Variant Spreads
Some consumers are rethinking their return to dining out, according to executives and industry data, a shift that threatens the...
