US Business

The meat processor’s second-quarter profit soared as a double-digit increase in prices lifted sales at the meat processor nearly 16%, even as it sold slightly less food.

Providers will help offer high-speed internet to millions of households under the infrastructure law.

With most U.S.-based Apple engineers shut out of China, the tech giant is passing on more authority to local workers to ensure products made in the country come out on time.

Mileage and repairs pile up on older fleets as parts shortages hold down new truck production.

Venture capitalists and private-equity firms are pouring billions of dollars into psychotherapy providers, telehealth platforms and mental-wellness apps.

Adventurous baby boomers are bringing retirement savings and an economic boost to select U.S. counties, many trading city life for the great outdoors. The new arrivals are countering population declines in many rural counties.

Health insurers and employers are pushing back against the requests to increase hospital prices by as much as 15%.

Electric-grid operators are warning that power-generating capacity is struggling to keep up with demand, a gap that could lead to rolling blackouts during heat waves or other peak periods as soon as this year.

Investors are divided about whether technology companies are set for a deep retrenchment or if growth is simply slowing from pandemic highs.

The economy recorded a 12th straight month of job gains, and the unemployment rate remained at 3.6% in a tight labor market.