Wsjwashington Archives - GroYourWealth.com

Trial Begins in Justice Department’s Bid to Block Book Publishing Merger

Admin1 August 2022

WASHINGTON—Trial proceedings kicked off in the Justice Department’s antitrust challenge to Penguin Random House’s planned acquisition of rival publisher Simon & Schuster, a test for the Biden administration’s efforts to...

Business

WSJ News Exclusive | U.S. Eyes Sanctions Against Global Network It Believes Is Shipping Iranian Oil

Admin31 July 2022

WASHINGTON—The U.S. is considering sanctions that would target a United Arab Emirates-based businessman and a network of companies suspected of helping export Iran’s oil, part of a broader effort to...

Business

U.S. Economy Transitions to Slower Growth as Inflation Weighs on Consumers

Admin30 July 2022

The U.S. economy is enduring a rocky transition from an exceptionally strong recovery to a steep slowdown as rising inflation and interest rates weigh on consumers and businesses.Economic growth surged...

Business

Fed Lifts Rates by 0.75 Point Again

Admin28 July 2022

WASHINGTON—The Federal Reserve continued a sprint to reverse its easy-money policies by approving another unusually large interest rate increase and signaling more rises were likely coming to combat inflation that...

Business

China Targeted Fed to Build Informant Network, Access Data, a Probe Says

Admin26 July 2022

China tried to build a network of informants inside the Federal Reserve system, at one point threatening to imprison a Fed economist during a trip to Shanghai unless he agreed...

Business

Student Loan Servicers Told to Hold Off on Sending Billing Statements

Admin26 July 2022

WASHINGTON—The federal government’s student loan servicing contractors have been instructed to hold off on sending billing statements ahead of an Aug. 31 deadline for ending the pandemic freeze on loan...

Business

Lawmakers Near Deal on Tougher Rules for Stablecoins

Admin21 July 2022

WASHINGTON—U.S. lawmakers moved closer to a bipartisan agreement on new legislation that would regulate so-called stablecoins as part of efforts to impose basic safeguards on volatile cryptocurrency markets.The potential deal...

Business

U.S. Home Prices Hit Record of $416,000 in June as Sales Continued to Slide

Admin20 July 2022

The U.S. housing market is rapidly cooling as record prices and rising mortgage rates weigh on home sales, locking out potential buyers.Slower activity in the housing market, halting a torrid...

Business

U.S. Retail Sales Rose 1% in June

Admin15 July 2022

June’s increase came after sales declined slightly in May, the Commerce Department said Friday.Consumers spent more last month across a broad range of goods, including furniture, groceries and gas. They...

Business

WSJ News Exclusive | U.S. Seeks to Fix WTO’s Broken Trade Dispute Process

Admin11 July 2022

WASHINGTON—The U.S. is seeking to resolve an impasse that has left the World Trade Organization without senior judges to resolve trade disputes between member countries, according to U.S. officials.The effort...