US Business

Economists have lowered growth forecasts for early next year, citing disruptions from the latest Covid-19 surge.

The retailer became the latest Western company to face scrutiny over its handling of business involving Xinjiang following the passage of a U.S. law that bans most imports from the Chinese region.

Retailers work to make returned products quickly available for resale to offset supply-chain snarls and adjust to rising e-commerce sales.

Small and midsize businesses are revising their supply-chain playbooks in a bid for relief from rising costs and a shipping capacity crunch.

The peak holiday travel season continued to be hammered by the fast-spreading Omicron variant Sunday, as the Biden administration said it was working to make sure hospitals aren’t overwhelmed.

The company, which is sparing its executives from the cut, says it brings benefits in line with what other firms offer. One retiree: ‘If there isn’t a legal obligation, there certainly is a moral obligation.’

Washington and others had accused Germany of feeding global economic imbalances by hoarding savings and refusing to spend.

U.S. holiday spending rose 8.5% over last year, fueled by shoppers hitting physical stores early over worries about supply.

Lawmakers say 2022 is shaping up as a pivotal year in their efforts to tighten regulations on social media and other internet platforms.

The holiday weekend began with governments wrestling with whether to focus on containing the spread of Omicron or trying to mitigate its effects, as staff outages and self-isolation requirements continued to disrupt travel.