Inflation from the perspective of business costs—which tend to get passed along to consumers—soared in September, reversing the prior month’s decline and coming in twice as high as markets expected, pointing to a drawn-out Fed fight against high prices.
Former Federal Reserve Chair Ben Bernanke, along with a few other folks, was awarded the Nobel Prize in economics on Monday for his role in deciding how the world handled major crises such as the 2008 recession and the COVID-19 pandemic.
Over a dozen major national airports reported cyberattacks on Monday that caused public-facing websites to go offline. According to a senior official briefed on...
Facebook executives are reportedly in the process of instituting “quiet layoffs” of underperforming workers that could see thousands of employees let go from the company.
A survey from a leading retail trade group finds that inflation is making it harder for middle-class households to cover their expenses as the winter holidays loom.
