US Business

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.

An upbeat jobs report might be bad news for those hoping the Federal Reserve will throttle its pace of interest-rate increases, as workforce participation remains sluggish.

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

Richard Clarida, who left his central bank post in January, expects policy makers will be required to pursue increases “well into restrictive territory.”

The largest U.S. shale-oil producers are returning more cash to investors than they’re investing in drilling, a sign of how much the industry has changed since the oil-boom years.

While household spending remains steady, some indicators suggest cracks in the U.S. economy’s main driver.

The vaccine maker says federal patent law protects it as a government contractor.