Pelosi Says Government Funding Won’t Lapse
WASHINGTON—House Speaker Nancy Pelosi said Congress wouldn’t let government funding expire next week, the first hint that Democratic leaders might…
Fed Tees Up Taper and Signals Rate Rises Possible Next Year
The Federal Reserve signaled it could start reversing its pandemic stimulus programs in November and could raise interest rates next…
Pfizer, BioNTech Say Covid-19 Vaccine Is Safe for Children Aged 5 to 11
Pfizer Inc. and partner BioNTech SE said their Covid-19 vaccine was found to be safe in children aged 5 to…
Universal Music Spinoff to Test Investors’ Appetite for Music
Vivendi SE’s spinoff of Universal Music Group , expected Tuesday, will leave the French conglomerate bereft of its most lucrative…
Companies Use Overtime to Solve Worker Shortages. That May Cost Them More Workers.
Companies that can’t fill their many openings are relying on existing workers to stay late, come in early and pick…
How Facebook Hobbled Mark Zuckerberg’s Bid to Get America Vaccinated
In mid-March, Mark Zuckerberg used his Facebook page to announce a goal that was both ambitious and personal. He wanted…
U.S. Retail Sales Rebounded in August
U.S. retail sales rebounded in August, a sign Americans are able and eager to spend despite the Delta variant. Sales…
Fed Faces Inflation Cross Currents Ahead of FOMC Meeting
As the Federal Reserve ramps up for its monetary policy meeting next week, it faces some tough cross currents on…
Inflation Eased in August, Though Still High
Inflation cooled slightly in August but remained strong, as a surge in Covid-19 infections slowed economic growth and pandemic-related shortages…
Shell Pushes to Restart Oil Platforms After Hurricane Ida
APPOMATTOX OIL PLATFORM—This gargantuan deep-water drilling base 80 miles off the Louisiana coast hadn’t produced a drop of oil for…
Shipping Options Dry Up as Businesses Try to Rebuild From Pandemic
A wave of shipping consolidation over the past five years is adding to the supply-chain woes caused by Covid-19 outbreaks,…
Antiracism Push Prompts Rethink of Asia’s ‘Beautiful White’ Creams
TOKYO—Global skin-care companies are split over a term commonly used on Asian antiblemish creams that means “beautiful white,” with Unilever…