A Closely Watched Measure of Inflation Slowed in December

The Federal Reserve’s preferred inflation index climbed 5 percent in the year through December, a notable slowdown from November and a continuation of a six-month downward trend. After stripping out…

The Week in Business: Creeping Layoffs

What’s Up? (Jan. 22-28) Job Cuts, and Not Just in Tech What began as a wave of ominous job cuts by technology companies is rippling through other industries, most recently…

Netherlands and Japan Said to Join U.S. in Curbing China’s Access to Chip Tech

WASHINGTON — The Netherlands and Japan, both makers of some of the world’s most advanced equipment for manufacturing semiconductors, agreed on Friday to join with the United States in barring…

Easy to Use, Mobile Payment Apps Are Also Easy to Misuse

Think of the payments as cash, said Jennifer White, senior director of banking and payments intelligence at J.D. Power. “You would not hand someone you did not know cash, and…

When Private Equity Came for the Toddler Gyms

Changes didn’t take long. Within weeks, long-tenured headquarters employees started leaving. In conversations with franchisees across the country, numerous owners expressed frustration that the support they depended on had evaporated;…

Sam Bankman-Fried’s Prosecutors Ask Judge to Tighten Bail Conditions

Federal prosecutors in Manhattan said on Friday that the disgraced cryptocurrency executive Sam Bankman-Fried had tried to contact a potential witness in his criminal case, and they asked a judge…

Consumer Spending Fell Again in December

For more than a year now, the U.S. economy has faced two fundamental, interwoven challenges: Consumers wouldn’t stop spending, and prices wouldn’t stop rising. Both trends are now showing early…

Your Investment Lost Money Last Year. So Why the Big Tax Bill?

Tax-sheltered accounts don’t replace these social jewels. But if you work for a living, or have done so, and want to live reasonably well in the current world, you will…

U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter

“Resilience is a good thing in many ways, but it’s also something that makes things harder for the Federal Reserve and it hardens their resolve,” said Diane Swonk, chief economist…

Two Former Arkansas Officers Are Charged Over Beating Captured on Video

Two former sheriff’s deputies in Arkansas have been charged with federal civil rights offenses, accused of using excessive force during the arrest of a man outside a gas station last…