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Central Banks Pull Back as Global Growth Picture Brightens

Central Banks Pull Back as Global Growth Picture Brightens

A synchronized global economic expansion is leading to a big shift in monetary policy around the world—toward central banks shrinking rather than growing—with implications for markets, inflation and the outlook for growth.

Published 3 months ago

Why Big Tech Is Tuning In to Speakers

Why Big Tech Is Tuning In to Speakers

The world’s largest tech companies are pumping up the volume on home speakers. They have good reason to.

Published 3 months ago

Thousands Rally in Barcelona Against Catalan Independence

Thousands Rally in Barcelona Against Catalan Independence

Hundreds of thousands of Spaniards gathered in Barcelona to decry Catalonia’s secessionist push, a bid by pro-union groups to build momentum against a unilateral declaration of independence that could come as soon as this week.

Published 3 months ago

Hurricane Nate Weakens as It Moves Over Mississippi, Alabama

Hurricane Nate Weakens as It Moves Over Mississippi, Alabama

Hurricane Nate weakened to a tropical storm after making a second U.S. landfall early Sunday, bringing storm surges and heavy rain.

Published 3 months ago

Luxury-Home Purchases Involving Executives Roil Guggenheim Partners

Luxury-Home Purchases Involving Executives Roil Guggenheim Partners

Two multimillion-dollar house purchases have rankled employees at Guggenheim Partners and spurred questions from clients concerned about possible distractions at the firm, according to clients and people familiar with the firm.

Published 3 months ago

Why Office Buildings Should Run Like Spaceships

Why Office Buildings Should Run Like Spaceships

A flood of new sensors and data suggests the route to fitter, happier, more-productive workers is micromanaging our office environments as if we’re all on a long-haul flight to Mars

Published 3 months ago

Pentagon Takes Control of F-35 Cost-Cutting Push

Pentagon Takes Control of F-35 Cost-Cutting Push

The Pentagon has taken over an effort to cut the cost of the F-35 combat jet, after rejecting plans proposed by Lockheed Martin and its partners, as it tries to make a program estimated to cost $400 billion more affordable.

Published 3 months ago

The Panama Canal’s Big Bet Is Paying Off

The Panama Canal’s Big Bet Is Paying Off

Panama’s $5 billion investment to expand its century-old canal is paying off as shipping lines send more U.S.-bound cargoes through the passage instead of the Suez Canal

Published 3 months ago

Pressure Mounts at the Top of Deutsche Bank

Pressure Mounts at the Top of Deutsche Bank

Deutsche Bank CEO John Cryan has told associates he wanted nothing to do with Chinese conglomerate HNA, the bank’s largest shareholder. The iciness has irked Chairman Paul Achleitner, who helped woo HNA.

Published 3 months ago

Amazon Has a Luxury Problem

Amazon Has a Luxury Problem

Swatch and other high-end retailers are staying away from Amazon’s online marketplace, saying it undermines the strict control that is key to maintaining a sense of exclusivity—and keeping prices high.

Published 3 months ago

Las Vegas Mayor Predicts Limited Economic Impact From Mass Shooting

Las Vegas Mayor Predicts Limited Economic Impact From Mass Shooting

While it’s still too soon to gauge the impact Stephen Paddock’s rampage will have on tourism in Las Vegas, the experience of other cities after mass shootings or terrorist attacks points to at least a short-term decline in visitors.

Published 3 months ago

Lidl Stores Gain Little Traction So Far in U.S.

Lidl Stores Gain Little Traction So Far in U.S.

German grocery discounter Lidl has had trouble sustaining store traffic since opening its first U.S. outlets in June, and rivals have recovered much of their lost share of consumer shopping trips.

Published 3 months ago

Marvel Drops Planned Joint Venture With Northrop Grumman

Marvel Drops Planned Joint Venture With Northrop Grumman

Fans of Marvel Entertainment’s superheroes attacked the company via social media about its planned partnership with the defense contractor.

Published 3 months ago

Trump Says ‘Only One Thing Will Work’ to Rein In North Korea

Trump Says ‘Only One Thing Will Work’ to Rein In North Korea

The U.S. president hinted at taking action against Pyongyang in a series of tweets.

Published 3 months ago

Trump to Sign Order Next Week on Health Insurance, Official Says

Trump to Sign Order Next Week on Health Insurance, Official Says

President Donald Trump will sign an executive order next week to start lifting some insurance rules set by his predecessor’s Affordable Care Act in the aftermath of the failed Republican bid to repeal the law, a senior administration official said.

Published 3 months ago