US Business

American consumers are starting to cut costs on mainstays from toothpaste to baby formula as inflation hits a swath of the economy that had thus far proven resistant to substantial price increases.

The European Union was readying a fresh sanctions package this week that was set to avoid any form of new energy sanctions. But emerging reports of potential war crimes committed in Bucha have shifted the debate and led to some countries being more openly supportive.

Advanced Micro Devices plans to buy chip and software startup Pensando Systems, returning to the acquisition playbook shortly after closing its biggest transaction.

The toy maker added Discord and Electronic Arts executives to its board, setting up a proxy battle at its upcoming annual meeting.

The slight cooling suggests employers are feeling less pressure to offer pay increases.

The coffee giant said it is suspending billions of dollars in share repurchases, a move that interim CEO Howard Schultz said would free up cash to invest in cafes and employees.

Organizers’ success in Staten Island shows how the labor effort gained momentum but still faces hurdles.

The biotech stock index, which rose early in the pandemic, fell nearly 20% in the first quarter due to research failures, slowing M&A and rising interest rates.

JPMorgan and Verizon are among employers that have rewritten vaccine or other mandates in response to shifting government guidance.

U.S. job growth continued at a robust pace in March while the unemployment rate fell, signs the labor market is booming as the Covid-19 pandemic recedes and more workers return to the labor force.