As Fed Battles Inflation, the Dollar Keeps Its Swagger
The U.S. currency has been on a tear, and the Fed’s decision to keep interest rates steady is likely to keep the dollar “higher for longer,” our columnist says.
The Rising Costs of Owning a Car
Everything is going up — buying, financing, insurance and maintenance. The average annual cost of ownership, by one estimate, is $12,000.
For Many Big Food Companies, Emissions Head in the Wrong Direction
Several of the world’s largest food and restaurant companies have not made progress on their goal to cut greenhouse gas emissions. Some are even producing more.
U.S. and China Agree to New Economic Dialogue Format
The regular talks are intended to give both countries a venue to resolve differences.
Is Rupert Murdoch Really Moving on from Fox and News Corp?
The 92-year-old media tycoon is set to become chairman emeritus of Fox and News Corporation, but he still wields considerable power over the empire he built.
Microsoft-Activision Blizzard Deal: U.K. Agency Signals Approval
Britain’s antitrust regulator said the companies had addressed its main concerns about the $69 billion deal, though final approval is yet to come.
Can Meat Made in a Lab Be Kosher or Halal? These Companies Hope So.
The makers of cultivated meats want consumers who follow Islamic or Jewish dietary rules to consider their products, and are working hard to meet certification requirements.
You’ve Got (Scam) Mail
Is everyone being swindled all the time and just not talking about it?
Hollywood Writers’ Strike: A Full Day of Negotiations But No Deal
The studios and writers plan to return on Friday for a third straight day of talks but remain apart on several points.
Real Estate Crisis Triggers New Alarms Over China’s Shadow Banks
A financially troubled firm has stopped paying investors, risking panic and testing the Chinese government’s resolve to take on debts from its property crisis.
U.S. Judge Denies States’ Bid to Block Biden Rule on E.S.G.
Republican-led states accused the Labor Department of violating a federal law covering retirement plans, part of a battle that goes back several years.
FTC Sues Anesthesia Group Backed by Private Equity, Claiming Antitrust
The federal agency claims the company’s practices amount to antitrust activity, a new salvo in the government’s scrutiny of health care consolidation that has led to higher prices.
Lachlan Murdoch’s On-Again, Off-Again Relationship With the Family Business
He solidified his rise to the top of his father’s media empire on Thursday.
How Rupert Murdoch Built His Media Empire
Over seven decades, the Australian-born magnate compiled an array of news outlets, book publishers, and film and television properties into a global behemoth.
Rupert Murdoch to Retire From Fox and News Corporation Boards
The move leaves his son Lachlan as the sole executive in charge of the global media empire.
Victor R. Fuchs, ‘Dean’ of American Health Care Economists, Dies at 99
He was among the first to offer a comprehensive explanation, and a possible solution, for the country’s rising health care costs.
Family of Man Who Drove Off Collapsed Bridge Says Google Maps Sent Him There
Philip Paxson’s family said in a lawsuit that he was following Google Maps directions last year when he drove off a collapsed bridge in Hickory, N.C., plunged into a creek and drowned.
Federal Reserve Officials See Rates Staying High
Federal Reserve officials forecast higher interest rates through 2026 this week, a sign that borrowing costs are not heading back to the rock-bottom levels normal before the pandemic.
For Tesla and Musk, Auto Strike Carries Benefits and Risks
Elon Musk, the Tesla chief executive, may be able to exploit his rivals’ weaknesses, but the United Automobile Workers union also has the electric carmaker in its sights.
Cisco to Buy Splunk, a Software Company, for $28 Billion
The largest deal Cisco has ever announced moves it further away from its roots in network hardware and into higher-margin software subscriptions.