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Liz Truss, New UK Leader, Lays Out Energy Price Cap Plan

Facing severe economic headwinds, Prime Minister Liz Truss announced emergency measures to freeze gas and electricity rates.  » mehr lesen

Fed Chair Powell Signals Interest Rates to Remain High to Fight Inflation

The Federal Reserve chair has taken a hawkish tone in recent appearances, seeking to underscore the central bank's commitment to bringing down prices.  » mehr lesen

Shock Waves Hit the Global Economy, Posing Grave Risk to Europe

The threat to Europe’s industrial might and living standards is particularly acute as policymakers race to decouple the continent from Russia’s power sources.  » mehr lesen

EY to Split Accounting and Consulting Businesses

The firm, commonly known as Ernst & Young, announced a plan to separate into two companies, one that does mainly auditing work and the other consulting and advisory work.  » mehr lesen

Mercedes and Rivian Plan to Make Vans Together in Europe

The agreement is a rare example of cooperation between a traditional carmaker and an upstart.  » mehr lesen

Twilight of Entrepreneurs in China as More Leave the Country

Two of China’s best-known entrepreneurs, Pan Shiyi and Zhang Xin, stepped down from their top jobs at the real estate development company they built.  » mehr lesen

Anne Garrels, Fearless NPR Correspondent, Dies at 71

She reported on conflicts around the world and for a time was the only American broadcast journalist reporting from Baghdad during the U.S. “shock and awe” bombing campaign in 2003.  » mehr lesen

Apple Unveils New iPhone and Fitness Watch at Annual Event

The Apple Watch Ultra is aimed at endurance athletes, a market dominated by Garmin. Apple also introduced updated AirPods.  » mehr lesen

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