Year: 2023

An aging population that values its free time set the stage for economic stagnation. Then came Covid-19 and Russia’s war in Ukraine.

If the trend persists, it gives Americans leeway to propel the economy through increased spending, which could help the U.S. skirt a recession.

Sony had opposed the $75 billion merger amid regulators’ concerns it would harm competition in the videogame industry.

Companies developing weight-loss drugs have raised or made deals valued at more than $1.4 billion since about a year ago.

Quality complaints—and intractable holes—have dogged the hot shoe company, which rolled out an assortment of new products but found environmental sustainability a tough sell.

Stocks surged this past week on evidence that inflation is cooling.

The pact follows agreements at Delta and American that included significant raises for pilots.

The electric pickup rolled off the line at the company’s Texas factory nearly four years after a prototype was unveiled.

Forecasters still expect GDP to eventually contract, but later, and by less, than previously.

Heat waves stretching across large parts of the globe are testing power grids and shutting businesses that can’t keep their workers cool.