Policy makers are looking for signs of reduced wage growth as they work to control inflation. Source link Source link
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Tag: Domestic Politics
World Olaf Scholz said he and Chinese leader Xi Jinping discussed a pathway for approving the BioNTech Covid vaccines for the broader population Source link Source link
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Initial jobless claims decreased slightly to a seasonally adjusted 217,000 last week—up from earlier this year but near their prepandemic 2019 average. Source link Source link
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Business Europe Officials to launch talks on Friday in push to avert fight over U.S. clean-energy subsidies Source link Source link
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The agency sought public comment on seat sizes and safety; people responded with many more thoughts on flying. Source link Source link
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The agency raked in $6.4 billion in the latest fiscal year, as Chairman Gary Gensler focuses on high-profile cases and steep penalties for alleged misconduct. Source link Source link
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Economy U.S. Economy Officials signal a possible slowdown in the pace of rate rises by acknowledging how increases influence the economy with a lag Source link Source link
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Xi Jinping’s new right-hand man, Li Qiang, has shown two sides to his personality over his career. Mr. Li, whom Mr. Xi appointed last month as China’s new No. 2, is known inside the country as a pro-business pragmatist unafraid to push the boundaries of Communist Party rule. Party insiders say he’s also a loyalist […]
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World Latin America U.S. and Canada say Mexico’s nationalist energy policies undermine private companies that have invested heavily there Source link Source link
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Economy Capital Account Expect to hear more about the ‘fiscal theory of the price level’ as governments struggle with both rising debt and inflation Source link Source link
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The president said the energy companies should be punished if they don’t use their profits to help lower energy costs for consumers. Source link Source link
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Business Elon Musk-led company’s largest rocket flies for first time in three years, showcasing SpaceX’s growing Pentagon ties Source link Source link
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WSJ News Exclusive Midterm Election 2022 New survey shows GOP with an edge in midterm voting enthusiasm as economic pessimism grows Source link Source link
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Employers’ total job openings rose 437,000 to a seasonally adjusted 10.7 million in September from an upwardly revised 10.3 million openings the prior month, the Labor Department said Tuesday. Source link Source link
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Federal judge ruled in favor of the Justice Department’s antitrust challenge to the planned $2 billion merger. Source link Source link
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An open letter with more than 600 signatures has asked the publisher to re-evaluate its handling of the work by Supreme Court Justice Amy Coney Barrett. Source link Source link
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The Biden administration is moving help students from for-profit schools as a court challenge stalls broader debt-cancellation plans. Source link Source link
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WASHINGTON—The liability shield and other legal protections that fueled the fortunes of Google, Facebook META 1.29% and other internet giants are facing a long-anticipated day of reckoning—but it is the Supreme Court, and not Congress, that will be calling the shots.  That has the tech industry worried that an unfavorable ruling by the high court […]
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TuSimple Holdings Inc., TSP 3.95% a U.S.-based self-driving trucking company, faces federal investigations into whether it improperly financed and transferred technology to a Chinese startup, according to people with knowledge of the matter. The people said the concurrent probes by the Federal Bureau of Investigation, Securities and Exchange Commission and Committee on Foreign Investment in the […]
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Monday The European Union’s statistics agency releases third-quarter gross-domestic product information and the October consumer-price index. The 19-nation eurozone faces an uncertain outlook from the war in Ukraine and is struggling with high inflation. Tuesday The Labor Department releases September figures on job openings, hires, quits and layoffs. Job openings fell 10% in August to […]
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WASHINGTON—Federal prosecutors and securities regulators are investigating whether Tesla Inc. TSLA 1.52% misled consumers and investors about how its advanced driver-assistance system performed, according to a person familiar with the matter. The Justice Department is looking at statements that Tesla and its executives made about the safety and functionality of the system known as Autopilot, […]
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The Justice Department is investigating how poultry companies pay their chicken farmers, the latest move by the government to clamp down on an industry payment system that has been criticized by some farmers. Pilgrim’s Pride Corp. PPC 1.85% the second-largest U.S. poultry processor by sales volume, said in a regulatory filing on Thursday that it […]
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OTTAWA—Bank of Canada Gov. Tiff Macklem says the central bank is moving toward a meeting-by-meeting approach on further interest rate increases, based on how the economy responds to its rapid-fire tightening of financial conditions. “We do expect that interest rates will need to go higher, to get inflation all the way back to the inflation […]
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Sean Belveal, a 44-year-old assistant high-school principal in suburban Cleveland who voted for President Biden, thinks his middle-class family shouldn’t be struggling so much to pay the bills. It is one reason he is leaning slightly toward voting for Republicans in the midterm elections. “I try to be very independent-minded, but I feel like at […]
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Wages and prices continued to rise rapidly in the late summer, keeping the Federal Reserve on track for more interest-rate increases as it attempts to cool economic growth and bring down high inflation. The latest figures add to a picture of an economy losing some momentum but still growing as the labor market, consumer spending […]
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