Articles

: Biden gives pep talk about unions, with UAW strike possible next week

President Biden praised a deal between unionized dockworkers and their employers, but the spotlight has shifted to the UAW.

Currencies: A rising U.S. dollar is ringing alarm bells overseas. Should stock-market investors worry?

The U.S. dollar's rise is prompting intervention threats from Japan and raising hackles elsewhere.

Washington Watch: Biden team reportedly will cancel Alaska reserve’s oil-drilling leases

Biden will reportedly cancel controversial oil leases in an Alaska federal wildlife refuge that were pushed through in former President Trump's final days in office.

: T-Mobile US to return $19 billion to investors and pay first-ever dividend

T-Mobile US shares took a hit Wednesday, even after the wireless-communications company approved a new $19 billion shareholder-return program through 2024.

Economic Report: Last burst of leisure spending leads to modest U.S. growth in summer months, Fed’s Beige Book says

The U.S. economy grew at a modest pace in July and August, boosted by leisure spending, according to the Fed's Beige Book report released Wednesday.

Banking: Regional banks facing credit losses for commercial real estate: Moody’s study

Moody's survey of 55 regional banks reveals challenges with a significant share of commercial real estate loans maturing in the next 18 months

: WeWork to renegotiate all of its global leases in its latest effort to rein in costs

Office-sharing company, which warned in August it may not be able to stay in business, is now seeking to rework all its leases.

: Disney faces mounting challenges, but its Hulu ‘overhang’ could resolve sooner than expected

Walt Disney Co. is likely to get full control of Hulu earlier than expected.

In One Chart: Office market troubles on the rise as loan payoff rate sinks below 70%

A credit crunch is hitting office landlords hard with mortgage debt coming due, causing a smaller share of loans to repay on time, according to Deutsche Bank researchers.

Market Extra: Rising bond yields drag real estate, utility stocks as this ETF sees ‘decisive breakdown’

Rising bond yields are rattling markets, luring investors with attractive rates while exerting pressure on pockets of equities such as the real estate and utilities sectors.

Living With Climate Change: It’s official: This summer was the hottest on record

'The dog days of summer are not just barking, they are biting,' the U.N.'s Guterres says as 2023 marked as the hottest summer recorded by modern technology.

The Margin: It’s a win-win if you stop saying the 10 most annoying phrases at work

Workers are sick of these 10 most annoying business buzzwords, a new survey says — and 1 in 5 see corporate jargon as a red flag when applying for jobs. 
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