US Business

GM this month expanded the Bolt safety recall for the second time and paused production of all new Bolts. The safety action on its lone U.S. electric car will cost GM an estimated $1.8 billion, among its costliest recalls.

The pharmacy chain is joining Walgreens and Walmart in offering expanded in-person counseling at or near stores, as more people seek mental-health services.

Federal Reserve officials are talking more about how to define a fuzzy concept—maximum employment—that will heavily influence their thinking around how much longer to keep interest rates near zero.

More than three-quarters of the S&P 500 have reported higher revenue than in 2019, but a fifth remain below those levels.

Raphael Bostic and Patrick Harker made the case for the U.S. central bank to get ready to pare back its bond-buying stimulus campaign.

Consumer spending grew 0.3% in July and income rose 1.1%, priming the economy for stronger growth once the Delta variant subsides.

Administration expects consumer prices to rise 4.8% in the fourth quarter from a year earlier before quickly abating in 2022.

The biotech startup founder alleges in newly unsealed court documents a decadelong abusive relationship with the company’s former president that could figure in her defense; he denies any abuse.

Investors still hold entrepreneurs to higher standards, but the taint has faded. “It’s a short half-life.”

Federal Reserve Chairman Jerome Powell reaffirmed the central bank’s emerging plan to begin reversing easy-money policies and detailed why he expects a recent rise in inflation to fade.