US Business

Many developing countries have responded aggressively to the acceleration in inflation, taking steps that are only now being contemplated by richer ones. This week, Russia and Mexico were among several nations announcing interest-rate rises.

In their first public comments since the Federal Reserve monetary policy meeting this week, some central bank officials on Friday talked up the prospect of raising their now near-zero short-term rate target over the course of the new year.

Upward pressure on prices is broadening beyond the goods and services that were directly affected by the Covid-19 pandemic. Price increases for fuel, cars, food, apparel and medical care vary widely.

Promotions to co-CEO of Salesforce and chairman of Twitter have turned a Silicon Valley entrepreneur into one of tech’s highest-profile executives.

The blackout is depriving more than four million subscribers of programming as the companies battle over distribution fees.

A rowdy group of investors saved the movie-theater chain—and then made CEO Adam Aron play by their rules.

A divided panel of the Sixth U.S. Circuit Court of Appeals dissolved a stay issued by another court that had blocked the rules.

Darden Restaurants’ quarterly sales were above pre-pandemic levels but its earnings forecast was lower than analysts expected.

Carvana grew through the pandemic to become the stock market’s most valuable car retailer. Deals with related parties, including its largest shareholder, are key to its operations.

Health authorities said the rate of a rare but serious blood-clotting disorder associated with the Johnson & Johnson shot is higher than previously detected.