US inflation runs cooler than forecast, easing pressure on Fed
US inflation decelerated in July by more than expected, reflecting lower energy prices, which may take some pressure off the...
‘Sizzling’ US Jobs Data Make Case for Bigger Fed Rate Increases
A blowout US jobs report for July means the Federal Reserve will need to keep going with the most aggressive...
Biden Bill Compels Barra to Put GM Before Business Roundtable: David Welch
The landmark legislation President Joe Biden is counting on to motivate Americans to vote for Democrats in the upcoming midterm election has put Mary...
Equifax says consumer credit scores changed in computer error
Equifax Inc. said some consumer credit scores were changed because of a computer error that has since been rectified. A...
Manchin sets high bar for Tesla and GM electric-car tax credits
It was tempting when Democrats announced their surprise climate deal to imagine American auto executives popping champagne bottles. But any bubbly probably ought to...
US economy shrinks for a second quarter, fueling recession fears
The drumbeat of recession grew louder after the US economy shrank for a second straight quarter, as decades-high inflation undercut...
Nissan earnings beat estimates on more-profitable car sales
Nissan Motor Co. first-quarter earnings beat estimates as the Japanese automaker dealt with supply-chain snarls and surging raw material costs...
Fed raises rates by 75 basis points to clamp down on inflation
Federal Reserve officials raised interest rates by 75 basis points for the second straight month, delivering the most aggressive tightening...
