Business

Inflation cooled in July, welcome news for White House and Fed

By Jeanna Smialek Inflation cooled notably in July as gas prices and airfares fell, a welcome reprieve for consumers and a positive...

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Disney profit jumps 50%, and streaming subscribers surpass Netflix

By Brooks Barnes Bucking a streaming slowdown that has recently bedeviled Hollywood, Disney+ added 14.4 million subscribers in the most...

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S&P 500 at three-month high on rising bets of smaller rate hikes

The S&P 500 was trading at its highest level in more than three months on Thursday, extending a rally from the previous session as fresh...

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Can global shipping be fixed? One regulator will try.

By Peter S. Goodman Daniel Maffei is at once a crucial player in the campaign to subdue inflation and a figure virtually unknown outside...

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Stocks climb, yields fall with dollar on inflation data

Stocks surged and bond yields fell as softer-than-expected inflation data fueled bets the Federal Reserve could pivot to a smaller pace...

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How a last-minute lobbying blitz watered down a climate bill tax

By Alan Rappeport An hour after Democrats released the text of their climate and tax legislation, Washington lobbyists for the private...

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Nasdaq slides 1% as chipmaker Micron’s warning rekindles tech rout

The tech-heavy Nasdaq fell on Tuesday after a dismal forecast from Micron Technology dragged chip and technology stocks lower, while...

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In an unequal economy, the poor face inflation now and job loss later

By Jeanna Smialek and Ben Casselman For Theresa Clarke, a retiree in New Canaan, Connecticut, the rising cost of living means not buying...

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