US Business

High inflation is weighing on consumer moods, but people still don’t seem to think it will persist.

The economy has changed in a number of ways over the past half century, but there’s still a risk that inflationary dynamics can re-emerge.

Efforts to clear protesters blocking traffic on a crucial bridge between the U.S. and Canada appear to have stalled Saturday, as an initial crowd of roughly 50 people swelled to over 500, among them parents with children.

Emissions of the potent greenhouse gas are growing from livestock and farm animals and declining from oil-and-gas systems and coal mining, but agriculture doesn’t get the same tough treatment.

Businesses are passing their rising costs on to consumers with new fees, truncated services and reduced contents in packaged goods, which don’t always show up in inflation data; “shrinkflation” hits a block of cheese.

The demonstrators have choked off most access to a U.S.-Canada trade corridor, disrupting pockets of the auto industry and stirring concerns among North American business leaders.

The U.S. fiscal 2022 defense budget request of $715 billion assumed inflation of 2.2% when it was made last year. Actual prices have run well ahead of that projection.

The sudden exit of cable network president Jeff Zucker highlights his tensions with WarnerMedia’s chief and leaves talent frustrated.

The surge in used-car prices is undoing years of depreciation on some models, leaving some car owners with vehicles worth more now than when bought.

Starship should be able to reach orbits for less than $10 million a flight within two to three years, Elon Musk said during a presentation at SpaceX’s southern Texas facility, where the company plans to launch the spacecraft.