World Bank’s David Malpass Says He Isn’t Resigning Amid Criticism of His Climate Views
WASHINGTON—World Bank President David Malpass said Friday he wasn’t resigning from his position amid calls from climate advocates for him...
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War, Inflation Knock World Economy Off Balance
The global economy is sputtering and financial markets are flashing red, reflecting a sense on Wall Street that a sharper...
Apple Music to Replace Pepsi as Sponsor of NFL’s Super Bowl Halftime Show
Apple AAPL -1.51% Music is set to be the new sponsor of the NFL’s Super Bowl halftime show, replacing longtime...
U.K.’s Sweeping Tax Cuts Send Pound Tumbling, Yields Higher
LONDON—The British government unveiled the biggest tax cuts since the early 1970s in a high-stakes bet to jolt the U.K.’s...
FedEx to Raise Shipping Rates by 6.9% as It Combats Slowdown
FedEx Corp. FDX 0.84% said it plans to raise shipping rates by an average of 6.9% across most of its...
Middle-Income Households Feel Bigger Pinch From Inflation, Report Finds
Annual inflation has hovered in recent months above 8%, the highest levels in roughly 40 years. Photo: Brandon Bell/Getty Images...
World’s Central Banks Race to Raise Rates After Fed Increase
LONDON—Central banks around the world moved Thursday to combat the effects of a soaring dollar and rising inflation, joining the...
Target to Hire Up to 100,000 Workers for Holiday Shopping Season
With the holiday shopping period on the horizon, Target and other retailers are poised to deal with softened demand, some...
How the Fed’s Rate Increase Will Hit Americans’ Monthly Budgets
By raising rates, the Fed seeks to cool the economy and rein in inflation, which continued to run higher than...
Fed Rate Decision Sends U.S. Treasury Yields in Different Directions
Shorter-term Treasury yields ticked higher while longer-term yields fell Wednesday after the Federal Reserve signaled interest rates will likely climb...
Fed Raises Interest Rates by 0.75 Percentage Point for Third Straight Meeting
The decision Wednesday—unanimously supported by the Fed’s 12-member rate-setting committee—will lift its benchmark federal-funds rate to a range between 3%...
Germany to Nationalize Ailing Uniper After Russian Natural-Gas Cuts
BERLIN—Germany will nationalize Uniper, UN01 -29.89% seeking to save the country’s largest gas importer that was hit hard by Russian...
Iran Protests Challenge Government as Elon Musk Offers Starlink Access
TEHRAN—Iranian protesters clashed with police on Tuesday in a fourth straight day of protests over the death of a young...
Beyond Meat Executive Arrested After Allegedly Biting Man’s Nose in Fight
Beyond Meat Inc.’s BYND -6.04% chief operating officer was arrested in Arkansas over the weekend, after a physical altercation in...
American Airlines Says Data Breach Affected Small Number of Customers
The phishing campaign allowed hackers to gain access to the email accounts of some American Airlines staffers. Photo: JOSHUA ROBERTS/REUTERS...
Climbing Housing Costs Could Prop Up Inflation for a While
Rents and other shelter costs are emerging as a major driver of overall consumer inflation, keeping it high at a...
Judge Rejects Antitrust Challenge to UnitedHealth Acquisition
WASHINGTON—A federal judge Monday ruled against a Justice Department antitrust challenge to UnitedHealth Group Inc.’s $13 billion acquisition of health-technology...
Apple Readies iOS 16 Bug Fix for Next Week
The latest software for models going back to the iPhone 8 arrived last week, ahead of the release of Apple’s...
Hackers Leaked ‘Grand Theft Auto’ Footage, Rockstar Games Says
Take-Two Interactive Software Inc. said hackers broke into the networks of its Rockstar Games Inc. unit and illegally accessed early-development...
Private Drillers Are Hitting Their Limits
Dozens of small drillers helped fuel a resurgence in the busiest U.S. oil patch over the past two years. But...
