Tag: Business News
Why Your Car Might Be Worth More Today Than When You Bought It
The prolonged inventory crunch of dealership lots is turning the U.S. used-car…
Echoes of an Inflationary Peril of the 1970s
The U.S. economy started 2022 by sending a disturbing signal from the…
Elon Musk Expects Starship to Deliver Launches at Lower Costs
Elon Musk said his space company’s enormous rocket should soon be able…
FDA Rejects Short Sellers’ Request to Halt Trials of Alzheimer’s Drug
The Food and Drug Administration has denied a petition by short sellers…
Canadian Mayor Makes Plea for Injunction as Trucker Protest Limits Ford, GM Auto Production
A Canadian judge on Thursday delayed a bid by the Canadian border…
Inflation Heightens Fed Debate Over Pace of Rate Rises
The question facing Federal Reserve officials ahead of their policy meeting next…
NBCUniversal Near Deal to Alter Content-Sharing Partnership With Hulu
Comcast Corp.’s NBCUniversal is finalizing a plan that would drastically change its…
Zillow’s Shuttered Home-Flipping Business Lost $881 Million in 2021
Zillow Group said on Thursday that it lost $881 million on its…
Bank of Mexico Raises Interest Rates Sixth Straight Time
MEXICO CITY—The Bank of Mexico kicked off 2022 with its sixth consecutive…
Federal Reserve to Test Ability of Largest Banks to Weather Recession
In 2020, the Fed temporarily capped dividends and barred buybacks of the…
U.S. Government Recorded $119 Billion Budget Surplus, Its First Since Before Pandemic
The federal budget in January ran a monthly surplus for the first…
Where Inflation Is Hitting Hardest: Prices of Groceries, Utilities, Rent Jump
American consumers are kicking off 2022 with some big price increases in…