March Jobs Report Keeps Fed on Track for Larger Rate Rise in May
Friday’s employment figures underscore the urgency Federal Reserve officials feel to quickly withdraw economic stimulus by raising interest rates in...
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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...
Inflation Weighed on Consumer Spending Growth in February
Consumer spending growth, a key engine of the economy, slowed sharply in February, as the Omicron surge of Covid-19 eased...
U.S. Inflation Rises to 40-Year Peak in February by Fed’s Preferred Measure
Inflation reached a new 40-year peak in February, according to the Federal Reserve’s preferred gauge, buoyed in part by a...
U.S. Jobless Claims Edge Higher Amid Tight Labor Market
New applications for U.S. unemployment benefits rose slightly last week, indicating a strong labor market in which employers are holding...
Intel Gave CEO Pay Package Worth Nearly $180 Million Amid Turnaround Effort
Intel Corp. awarded Chief Executive Officer Pat Gelsinger compensation last year that could be worth nearly $180 million, tying much...
Judge Approves $18 Million Activision Settlement With EEOC
A California judge has approved an $18 million settlement between Activision Blizzard Inc. and the Equal Employment Opportunity Commission, marking...
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...
How High Energy Prices Could Help Both the Climate and the U.S.
The surge in global energy prices triggered by Russia’s invasion of Ukraine sure doesn’t seem like any sort of blessing....
UAW Chief Says He Hasn’t Had Talks With Tesla or Elon Musk
The leader of the United Auto Workers union said he hasn’t talked with Tesla Inc.’s Elon Musk after the chief...
Carl Icahn Targets Kroger Over Pork, CEO Pay
Billionaire activist investor Carl Icahn is seeking two board seats at Kroger Co., pushing the U.S. supermarket giant to make...
Inflation, Shortages Push Americans to Switch Brands More Than Ever
Well-known brand names and flashy ad campaigns are no longer enough to command U.S. consumers’ loyalty in grocery stores. Source...
Home-Price Growth Accelerated in January
Home-price growth accelerated in January as the supply of homes for sale fell to a new low. The S&P CoreLogic...
HP Makes Bet on Hybrid Work With $1.7 Billion Deal
HP said the deal, expected to close by year-end, would help grow its hybrid-office offerings. Photo: Richard B. Levine/Zuma Press...
FedEx Says Fred Smith to Step Aside as CEO, Remain Executive Chairman
FedEx Corp. founder Fred Smith is stepping down as chief executive of the company he started more than 50 years...
Biden’s Budget Calls for Increase in Defense Spending, Including Funds for Ukraine
WASHINGTON—President Biden on Monday released a $5.8 trillion budget that envisions a substantial increase in U.S. defense spending, a sign...
Former World Bank Chief Didn’t Act on Warnings of Sexual Harassment
Former World Bank chief Kristalina Georgieva knew about a top official’s sexual misconduct but failed to take any action despite...
Economy Week Ahead: Key Inflation, Jobs Numbers Highlight Week’s Data
Economists are forecasting another strong month of employment gains in March. Photo: stefani reynolds/Agence France-Presse/Getty Images By WSJ staff March...
Capital Spending Boom Helps Raise Productivity, Contain Costs
American businesses are ramping up technology investment and other capital spending as they emerge from the pandemic. If sustained, that...
From GM to Powerade, Brands Pitch Mental Health
To woo consumers, hotel chains typically offer free room upgrades and complimentary breakfast. Kimpton Hotels is trying a new incentive:...
