Articles

Import prices flat in December, a stronger reading than expected

The import price index were unchanged in December, the Labor Department said Wednesday. Economists surveyed by the Wall Street Journal were expecting a 0.6% decline.

Retail sales jump in December to cap off holiday shopping season

Sales at U.S. retailers jumped 0.6% in December to cap off a solid holiday shopping season, suggesting the economy still has the power to expand.

Charles Schwab profit halved but beats analyst estimates

Charles Schwab cited "softer volumes" during the quarter.

AI developments will lead to evolution not revolution, UBS chief says

Sergio Ermotti warned against over-enthusiastic predictions about the transformational abilities of artificial intelligence

Albermarle to cut jobs, capex as lithium prices have plunged

The company's actions come as prices for lithium, which is used in electric-vehicle battery production, have plunged over the past year as supply has outpaced demand.

How employers can help women be less burned out at work — and less likely to leave

Women are getting leadership roles, but their bosses often are way behind.

Why the economy right now isn’t as uncertain as you think

Economic risk in the U.S. is actually about average.

‘I’m getting cold feet’: I’m single and make $120,000 a year. Can I afford a $500,000 home in Florida?

"I want to buy my first home soon to avoid being completely priced out of homes, as prices keep going up."

U.S. mortgage demand jumps 10% as rates fall across the board

Mortgage applications rose 10.4% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.75%.

The U.S. is breaking oil-production records with fewer drilling rigs. Here’s how.

U.S. oil production is back in record territory with far fewer drilling rigs than at the previous peak.

Apple and Tesla may no longer be ‘safe investments’ as China’s troubles grow

China pushed out disappointing growth numbers, which may not help Apple and Tesla as they fight for market share in the country.

Oil falls as strong dollar outweighs worries over Middle East

Oil futures lose ground early Wednesday.
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