Category: Business
Fed Chair Powell Says Officials Need More ‘Good’ Data Before Cutting Rates
Jerome H. Powell, the chair of the Federal Reserve, made clear during a “60 Minutes” interview aired on Sunday night that the central bank is…
Sean Wang Lives His ‘Fairy Tale’ at Sundance
“I feel like I’m in a fairy tale,” Sean Wang said to the sold-out crowd gathered at the Ray Theater in Park City, Utah, last…
Walmart to Add 150 U.S. Stores in Five-Year Expansion Drive
Walmart will add 150 stores in the United States over the next five years, a major expansion drive for the retail giant. The company said…
Elon Musk’s Tesla Pay Package Is Voided by Judge
Elon Musk, the chief executive of Tesla, suffered a stunning rebuke Tuesday when a Delaware judge voided the pay package that helped make him a…
Private Equity Is Starting to Share With Workers, Without Taking a Financial Hit
In 2018, Anna-Lisa Miller was working with agricultural cooperatives in Hawaii, helping them reinvest in their communities through shared ownership. Ms. Miller, who had gone…
The Key Issues for Business in a Likely Trump-Biden Rematch
After beating Nikki Haley in New Hampshire on Tuesday, Donald Trump reaffirmed his position as the leading candidate to win the Republican nomination. That has…
Taking on Trump, Biden Promotes ‘Infrastructure Decade’ in Wisconsin
Consumer confidence is up. Fears of a recession are abating. The economy is growing. And a corroded bridge in Wisconsin is receiving more funding. It…
Netflix is Said to License ‘Sex and the City’ From HBO
HBO is renting out one of its most valuable series to Netflix. Every season of “Sex and the City,” the HBO comedy that aired from…
War Has Already Hurt the Economies of Israel’s Nearest Neighbors
In the Red Sea, attacks by Iranian-backed Houthi militants on commercial ships continue to disrupt a crucial trade route and raise shipping costs. The threat…
The U.S. Seems to Be Dodging a Recession. What Could Go Wrong?
With inflation falling, unemployment low and the Federal Reserve signaling it could soon begin cutting interest rates, forecasters are becoming increasingly optimistic that the U.S….