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Kroger and Albertsons, Grocery Giants, Are Said to Be in Talks to Merge

A deal could be the industry’s largest in years and would almost certainly invite antitrust scrutiny from regulators.  » mehr lesen

Inflation was much hotter than expected, bad news for the Fed.

Inflation rose quickly in September and a key measure accelerated to the fastest pace since 1982, underlining the persistence of price increases.  » mehr lesen

Robert Toll, Who Mass-Produced ‘McMansions,’ Dies at 81

He and his brother, Bruce, founded the firm that lured buyers with furnished prototypes and built 150,000 homes and urban apartments.  » mehr lesen

Elizabeth Warren Singles Out Wells Fargo for ‘Alarming Pattern’ of Zelle Fraud

Customers’ claims have risen sharply in recent years and exceed the rate reported by other large banks, the senator said in a letter to the bank’s leader.  » mehr lesen

Andrew Bailey Battles Inflation Amid Britain’s Financial Storm

Andrew Bailey, the Bank of England chief, is trying to calm markets, wrestle inflation and maintain the bank’s credibility amid Britain’s financial storm.  » mehr lesen

2023 COLA Could Strain Social Security Program

The Social Security Old-Age and Survivors Insurance Trust Fund could be depleted a year or two earlier than expected as a result of larger payouts.  » mehr lesen

Netflix to Offer Cheaper Ad Option Beginning Nov. 3

Viewers who choose the $6.99 subscription will be shown four to five minutes of ads for every hour of content they watch.  » mehr lesen

F.D.A. Confirms Widespread Shortages of Adderall

The agency cited Teva’s continuing supply problems as well as those of other drug makers struggling to fill the gap.  » mehr lesen

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