The Federal Reserve will push rates higher than previously expected and keep them there for an extended period, Chair Jerome Powell said Wednesday, in remarks likely intended to underscore the Fed’s single-minded focus on combating stubborn inflation.
The bill lawmakers are considering would impose a compromise labor agreement that was voted down by four of the 12 unions representing more than 100,000 employees at large freight rail carriers.
The complaint by Indiana’s attorney general alleges Dr. Caitlin Bernard violated state law by not immediately reporting the girl’s rape to Indiana authorities and violated patient privacy laws by telling a newspaper reporter about the girl’s treatment.
Wednesday’s government report showed that the restoration of growth in the July-September period was led by solid gains in exports and consumer spending that was stronger than originally reported.
The Federal Reserve is closely monitoring the figures on job openings and quits for signals about the strength of the job market.
Kroger announced its plan to acquire Albertsons for $20 billion in mid-October. Together, the companies would control about 13% of the U.S. grocery market.
An experimental Alzheimer’s drug modestly slowed the brain disease’s inevitable worsening, researchers reported Tuesday—but it remains unclear whether that will have an impact on people’s lives.
The Respect for Marriage Act, once repassed by the House and signed by President Joe Biden, will help protect recognition of same-sex marriages, enforced by the U.S. Supreme Court’s 2015 Obergefell v. Hodges ruling, against future legal challenges.
A rising number of households are stepping up their use of credit cards—or “buy now, pay later” plans—to keep up with higher prices.
A coalition of more than 400 business groups sent a letter to congressional leaders Monday urging them to step into the stalled talks because of fears about the devastating potential impact of a strike.
In a Monday filing for bankruptcy protection in New Jersey, where it is based, BlockFi claimed more than 100,000 creditors and liabilities ranging from $1 billion to $10 billion.
Cyber Monday is expected to remain the year’s biggest online shopping day and rake in up to $11.6 billion in sales, according to Adobe Analytics, which tracks transactions at over 85 of the top 100 U.S. online stores.
Indiana University women’s basketball coach Teri Moren said she considered not playing the University of Memphis on Saturday night in the Las Vegas Invitational because no paramedics were on site.
Employees at the world’s biggest Apple iPhone factory were beaten and detained in protests over pay amid anti-virus controls, according to witnesses and videos on social media Wednesday, as tensions mount over Chinese efforts to combat a renewed rise in infections.
The number of Americans applying for unemployment benefits rose last week to the highest level since August but still remains low by historic standards.
The four-month-long 2023 session that begins in early January will focus on drafting a new state budget, with Democrats calling for a pause on debating contentious social issues after Republican lawmakers pushed through the state’s abortion ban over the summer.
Experts say many people will start holiday trips early or return home later than normal because they will spend a few days working remotely — or at least tell the boss they’re working remotely.
The court, with no noted dissents, rejected Trump’s plea for an order that would have prevented the Treasury Department from giving six years of tax returns for Trump and some of his businesses to the Democratic-controlled House Ways and Means Committee.
Paramount Global says it still plans to sell Simon & Schuster, a nearly century-old company where authors include Stephen King, Colleen Hoover and Bob Woodward.
Dr. Caitlin Bernard testified during the second day of a court hearing on an attempt to block Indiana’s Republican attorney general from seeking patient medical records.
