US Business

The Biden administration says the funds will help small businesses grow. Republicans say the spending is delayed and unnecessary.

Rising wages and worker shortages, compounded by increases in Covid-19-related absenteeism, are changing some manufacturers’ attitudes about robots.

The unemployment rate hit record lows in 17 states in the Midwest, South and Mountain West in April, a sign of a labor market where there are too few workers to keep pace with consumer spending and employer demand.

Covid-19 restrictions and pandemic disruptions caused a shift in the way parents feed their babies, according to health experts.

Lael Brainard testified before a House committee on the benefits and risks of a central bank digital currency.

Consumer prices rose 6.3% in April from a year earlier, down from 6.6% in March, as measured by the Commerce Department’s personal-consumption expenditures price index, but remained near a four-decade high.

U.S. households boosted spending for a fourth straight month in April, but the savings rate fell to the lowest in 14 years, suggesting many Americans are tapping savings to offset cost increases from inflation.

Reduced global fuel-making capacity is holding back supplies as drivers hit the road and demand recovers from the onset of the pandemic.

The billionaire’s takeover comments haven’t just made waves inside the social-media company. They have also frustrated some boosters of Tesla, whose stock has fallen some 30% since he disclosed his Twitter stake.

Consumers are growing cautious, and companies from Walmart to Procter & Gamble are altering course to reflect changing budgets.