Bank of Canada’s Beaudry: Policy Rate Might Be Headed Toward 3% or Above
OTTAWA—The rapid acceleration in prices has increased the likelihood the Bank of Canada may need to double its policy interest...
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Amazon to Close Kindle Bookstore in China
HONG KONG— Amazon. AMZN 1.23% com Inc. is closing its Kindle digital bookstore in China and has halted sales of...
U.S. Hiring Demand Remained Strong in April
U.S. job openings remained close to record levels in April, and workers continued to quit at an elevated rate, signs...
Sheryl Sandberg Stepping Down as COO of Facebook Parent Meta Platforms
In a post on her Facebook profile, Ms. Sandberg said she would continue to serve as a member of Meta’s...
Baby Formula Shortage Worsens, Hitting Low-Income Families Hardest
New data suggest that the U.S. baby-formula shortage is deepening, particularly hitting states in the South and the Southwest. Nationally,...
U.S. Launches Initiatives to Boost Economic Ties With Taiwan
WASHINGTON—Amid growing tensions with China, the Biden administration is forging closer economic ties with Taiwan in areas including trade, supply...
Looking for $100,000 Salary? See How Much the Biggest U.S. Companies Pay Workers
Tesla (TSLA)$40,723-12%0099,290Automobiles & ComponentsBerkshire Hathaway (BRK-B)$58,881-14%6.35.6371,653Banks and financialActivision Blizzard (ATVI)$117,20718%7.01,5609,800Media & EntertainmentCopart (CPRT)$35,6381%147278,600Commercial & Professional ServicesAlphabet (GOOGL)$295,8848%2127156,500Media & EntertainmentMarketAxess (MKTX)$162,1209%3542676Banks...
FAA to Keep Tight Watch on Boeing Employees Who Represent Regulators
The Federal Aviation Administration said it rejected a Boeing Co. BA -0.63% request for the company to perform certain regulatory...
Unilever to Add Activist Investor Nelson Peltz to Board
Unilever UL 9.94% PLC said it would add Nelson Peltz to its board and disclosed his fund now holds a...
South Africa’s Gold Fields Buys Canada’s Yamana in $6.7 Billion Deal
The Granny Smith gold mine in Australia, operated by Gold Fields, which has been working to diversify its operations outside...
‘Top Gun: Maverick’ Grabs Memorial Day Weekend Box-Office Record
In an entertainment industry still trying to take off, “Top Gun: Maverick” provided some much-needed speed.The long-awaited sequel to the...
Biden to Meet With Fed’s Powell to Discuss Economy
WASHINGTON—President Biden will meet with Federal Reserve Chairman Jerome Powell on Tuesday to discuss the state of the U.S. and...
Fed Official Supports Raising Interest Rates at Fast Clip ‘for Several Meetings’
A Federal Reserve official said Monday he would support raising interest rates in half-percentage-point increments for several more meetings, adding...
China’s Slowdown Poses Credibility Test for Economic Data
SINGAPORE—A severe slowdown for China’s economy during a year of acute political sensitivity for Chinese leader Xi Jinping is testing...
Dogs or Cats: Which Animal Is More Effective in Ads?
For pet lovers, there’s nothing like an adorable dog or cat picture or video. But can advertisers take advantage of...
Treasury Releases Pandemic Funding for Small Businesses as They Face New Risks
A federal pandemic aid program aimed at boosting small businesses’ access to capital is getting off the ground more than...
Silicon Valley Investors Give Startups Survival Advice for Downturn
After years of funneling cash into startups’ grand ambitions, Silicon Valley investors are engaging in the grim ritual of delivering...
Robots Pick Up More Work at Busy Factories
Robots are turning up on more factory floors and assembly lines as companies struggle to hire enough workers to fill...
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...
The Song of the Summer Could Be Harry Styles, Jack Harlow, or Even Something From 2020
This year’s Memorial Day weekend soundtrack might be dated.Radio DJs and music tastemakers are placing bets on which new hot...
