Biden Extends Pause on Federal Student-Loan Payments Through August
WASHINGTON—President Biden on Wednesday extended through Aug. 31 the pause on payments of federal student loans, setting up a politically...
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Fed’s Patrick Harker Expects Steady, Deliberate Path of Rate Rises
Federal Reserve Bank of Philadelphia President Patrick Harker said a series of rate increases is needed to tame inflation. “I...
Google Loses Upper Hand on App Payments in South Korea
SEOUL—Google can’t punish South Korean app developers for offering payment workarounds, a blow to the U.S. tech giant’s efforts to...
Fed’s Brainard Says Reducing Elevated Inflation ‘Is of Paramount Importance’
A top Federal Reserve official said the central bank is strongly committed to taking steps that will reduce inflation this...
U.S. Trade Deficit Narrowed Slightly in February
The U.S. trade deficit narrowed slightly in February, shrinking 0.1% for the month but remaining close to a record. Both...
With Inflation Not Letting Up, Shoppers Cut Back on Staples
American consumers are starting to cut costs on mainstays from toothpaste to baby formula as inflation hits a swath of...
Venture Powerhouse Sequoia Capital Names New Leader
Sequoia Capital named a new top leader, a rare transfer of power at one of Silicon Valley’s most storied venture-capital...
Europe Faces Pressure to Dial Up Sanctions on Russia Over Ukraine Deaths
BERLIN—French President Emmanuel Macron’s call Monday for sanctions banning imports of Russian oil and coal into the European Union following...
Elon Musk Takes Surprise 9% Stake in Twitter, Sending Shares Higher
In 2021, billionaire CEO Elon Musk reached several milestones across Tesla, SpaceX and Starlink. WSJ reporters Rebecca Elliott and Micah...
Starbucks Suspends Buybacks to Invest in Operations as Schultz Returns
Starbucks Corp. said it is suspending billions of dollars in share repurchases, a move that interim Chief Executive Officer Howard...
How Amazon Workers in New York Became First to Unionize
For about a year, Chris Smalls has stood almost daily near Amazon.com Inc.’s largest warehouse in Staten Island, N.Y., campaigning...
Biotech Stocks, Once Booming, Enter Bear Territory
Biotech companies are having one of their worst stock-market runs in years, as rising interest rates, scientific setbacks and a...
Masks Come Off, Mandates Loosen as Companies Relax Covid-19 Protocols
U.S. companies are relaxing many of the vaccine and other Covid-related requirements that had become a staple of corporate life...
Tesla Deliveries Rose in Quarter Elon Musk Calls Exceptionally Difficult
Tesla Inc. vehicle deliveries rose in the first quarter, but missed Wall Street expectations as the company struggled with global...
Amazon Workers’ Union Victory Bolsters Revitalized Labor Movement
The union victory at an Amazon.com Inc. warehouse in New York City is the latest example of renewed interest in...
Economists Seek Recession Clues in the Yield Curve
As yields on two-year Treasury notes this week moved above yields on 10-year notes, Wall Street analysts sent up warning...
How Microsoft Became Washington’s Favorite Tech Giant
When a congressional committee was preparing to publicly interrogate the CEOs of four tech giants in 2020, Microsoft Corp. President...
U.S. March Jobs Report Shows Strong Hiring Momentum
The U.S. labor market strengthened last month as the pandemic’s grip receded and more workers jumped back into the labor...
Toyota, GM Report Slowing U.S. Auto Sales
Major auto makers reported a pullback in U.S. sales for the first quarter of 2022, as a shortage of vehicles...
Amazon Workers in New York Vote to Form Tech Giant’s First U.S. Union
Amazon.com Inc. warehouse workers in New York voted to establish the tech giant’s first union in the U.S., providing a...
