US Business

The strong U.S. labor market lost momentum in September as high inflation and rising interest rates weighed on the economy.

Officials are trying to prevent wage pressures from sustaining higher inflation.

The world’s richest man saw his rocket company ferry astronauts to space, his car company disappoint Wall Street, and he once again offered to buy one of his favorite messaging tools.

Rapid rate increases provide less time for central bankers to study their economic effects.

Auto maker says improperly installed fastener could cause a loss of steering control.

Memory chips provide a key barometer of health for the semiconductor industry, which is reckoning with a sudden shift from pandemic strength to an abrupt drop-off in demand.

Under the new rules, chip manufacturers must obtain a license from the Commerce Department to export advanced semiconductors and chip-making equipment.

The auto makers are in talks to restructure the partnership, which is more than two decades old, and aim to announce a deal as early as November.

From Amazon to HBO Max, entertainment companies are exploring discounted packages and partnerships with rivals; “the great rebundling.”

Memory-chip and smartphone businesses are feeling the effects of curbed consumer spending on tech products.