Federal Reserve Makes Another Supersized Rate Increase to Tame Inflation
The central bank raised rates by three-quarters of a percentage point and suggested additional large increases could be warranted.
Spirit Airlines Shareholders Reject Merger With Frontier
The decision could improve prospects for Spirit to reach a deal with JetBlue, a suitor it had previously rejected.
Bangladesh Seeks I.M.F. Loan as Inflation Rocks South Asia
As trade deficits widen, governments in the region struggle to import increasingly expensive diesel, gasoline and cooking gas.
How Will Interest Rate Increases Impact Inflation?
The Federal Reserve is raising interest rates to fight inflation. Some economists want more; some politicians want less. What’s the...
How U.S. Inflation Expectations Are Being Shaped by Consumer Choices
Economic policymakers are razor focused on inflation expectations after more than a year of rapid price increases. Consumers explain how...
The Democratization of Airport Lounges
No longer just for the flying elite, these havens from chaos are easier to get into now, with the crowds...
Unilever, Walmart Results Say Inflation Is Altering Shopping Habits
Coca-Cola, McDonald’s and Unilever said some consumers were shifting their spending in response to rapidly rising prices, after Walmart rattled...
Microsoft Earnings Fall Short
The tech giant cited the strong U.S. dollar, falling consumer demand and production slowdowns of PCs for its performance.
Alphabet’s Profit Dropped 14 Percent in the Second Quarter
The earnings by Google’s parent company were below analysts’ expectations of $17.5 billion in net profit on $69.9 billion in...
Teva Reaches Tentative $4.25 Billion Settlement Over Opioids
The deal would end thousands of lawsuits against one of the largest producers of opioid painkillers during the height of...
