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CATEGORY

Business

U.S. Gas Prices Hit $3 a Gallon as Shortage Sets in Amid Colonial Pipeline Shutdown

The closure of the largest U.S. fuel pipeline has prompted motorists to pile into gas stations, straining supplies in Virginia, Georgia, North Carolina...

What Does a Labor Shortage Mean for Unemployment Benefits?

A growing gap between available workers and job openings has triggered a debate over whether pandemic-related unemployment benefits are keeping people from taking...

As World Runs Short of Workers, a Boost for Wages—and Inflation

The inflationary pressures now roiling the economy and markets will probably fade once the economy has fully reopened and the pandemic is in...

U.S. Asks Mexico to Probe Alleged Union Vote Tampering at GM Plant

WASHINGTON—The U.S. is asking Mexico to review alleged tampering of...

Consumer Prices Jumped as Economic Recovery Picked Up

U.S. consumer prices surged in April as the economic recovery picked up, reflecting surging demand as the pandemic eased and higher prices due...

U.S. Tariffs Drive Drop in Chinese Imports

WASHINGTON—U.S. tariffs have led to a sharp decline in Chinese imports and significant changes in the types of goods Americans buy from China,...

Pentagon to Remove China’s Xiaomi From Blacklist After Lawsuit

HONG KONG—The Defense Department has agreed to remove Xiaomi Corp....

Amazon Faces Ruling on $300 Million EU Tax Appeal

The European Union’s second-highest court is set to decide Wednesday whether to uphold a roughly $300 million tax bill that the bloc’s antitrust...

Biden Tax Proposal Would Squeeze Apartment-Building Owners

The Biden administration’s plan to limit a longstanding property-tax break could disrupt the business of investing in apartment buildings, discouraging both amateur and...

China Threatens Retaliation Against Ericsson if Sweden Doesn’t Drop Huawei 5G Ban

Beijing is giving Sweden one last chance to reverse its...

Uber, Lyft to Provide Free Rides to Covid-19 Vaccine Sites Until July 4

WASHINGTON—Ride-sharing companies Uber Technologies Inc. and Lyft Inc. will make...

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