The Fed's Inflation Fight Faces a New Challenge: A Dry Panama Canal
Federal Reserve Chair Jerome Powell keeps careful track of employment levels, wages, consumer prices and numerous other metrics
2023-06-02 23:52
Target Sheds $14 Billion in Value on Retail Uncertainty, LGBTQ Backlash
Target Corp. has erased almost $14 billion in market value since it reported earnings last month, and some
2023-06-02 23:51
Jemele Hill to Leave Spotify and Shut Down Her Podcast Network
Another prominent podcaster is leaving Spotify Technology SA, as the company reverses many of its biggest investments in
2023-06-02 23:51
Germany Needs €14 Billion to Make Gas and Heating Networks Clean
Germany expects the cost of transforming its natural gas and heating networks to reach as much as €14
2023-06-02 23:45
Hourly Pay for US Shale Workers Tops $43, a Record in the Industry’s Hunt for Employees
Wages for US oil workers climbed above $43 an hour for the first time ever as employment held
2023-06-02 22:46
DuPont, Chemours and Corteva to Pay $1.19 Billion in Forever-Chemicals Deal
DuPont de Nemours Inc., Chemours Co. and DuPont spinoff Corteva Inc. said they have agreed to pay $1.185
2023-06-02 22:46
Amazon Is in Talks to Offer Free Mobile Service to US Prime Members
Amazon.com Inc. has been talking with wireless carriers about offering low-cost or possibly free nationwide mobile phone service
2023-06-02 22:24
Everything Apple Plans to Show at WWDC: XR Headset, iOS 17 and More
Apple Inc.’s most significant product launch event in nearly a decade kicks off Monday, when the company will
2023-06-02 22:24
Fed Has Message Problem After Early Rate Pause Signals, El-Erian Says
The Federal Reserve shouldn’t have led investors to expect a pause in interest-rate hikes in June before officials
2023-06-02 22:19
SBB Founder Steps Down as CEO of Troubled Swedish Landlord
Ilija Batljan, the founder and dominant shareholder of embattled Swedish landlord SBB, stepped down as chief executive officer
2023-06-02 21:53
Backlash Against Weaponized Dollar Is Growing Across the World
All around the world, a backlash is brewing against the hegemony of the US dollar. Brazil and China
2023-06-02 21:47
Chinese Stocks in US Rally on Sign That Policy Support May Come
US-listed Chinese stocks jumped in premarket trading after Bloomberg News reported that regulators are considering new measures to
2023-06-02 20:17