$52 billion chip-manufacturing bill passes procedural vote in Senate
admin WASHINGTON — A bipartisan bill subsidizing domestic semiconductor production cleared its first procedural hurdle on…
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Biden expects more Saudi oil output after meeting in Jeddah
President Joe Biden on Friday said he expects further oil supply increases from Saudi Arabia…
Read MoreU.S. industrial output falls in June for first time this year
The numbers: Industrial production fell 0.2% in June, the Federal Reserve reported Friday. This is…
Read MoreOil bounces as report dampens expectations for Saudi output rise after Biden visit
Oil futures bounced Friday, but remained on track for hefty weekly losses, after a news…
Read MoreRio Tinto says 2Q iron-ore exports up, but cautions on economic outlook
Rio Tinto PLC on Friday sounded a cautious note on the global economic outlook, even…
Read MoreAmerica’s housing inventory rose 28% as mortgage rates increased. Our interactive map can help you track the number of homes available for sale near you.
For the last several years, the number of homes available for sale in Charlotte, N.C.,…
Read MoreIndia’s central bank takes steps to stem rupee’s slide
India’s central bank has relaxed debt-market rules for foreign portfolio investors and allowed commercial banks…
Read MoreConstruction spending falls in May, first drop in eight months
Outlays for construction projects fell 0.8% in May at a seasonally adjusted annual rate of…
Read MoreChina’s manufacturing output rebounds as COVID restrictions ease
A private gauge measuring China’s factory activity rebounded to its highest level in a year,…
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Opinion: A revolution on the supply side is needed to defeat inflation without crushing the global economy
MILAN, Italy (Project Syndicate)—Central banks’ efforts to contain high and rising inflation are fueling headwinds…
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