China to Let Power Prices Rise in Bid to Fix Electricity Crunch

The shortage has slowed factory output, in turn hitting companies around the world that sell made-in-China products or use Chinese electronic parts in their own factories.

Tax Proposals Hit Headwinds as Democrats Try to Finalize Deal

A push by Democrats to fund their social-spending and climate bill...

Eli Lilly Asks FDA to Approve Alzheimer’s Drug

The drugmaker has begun the process seeking approval to sell donanemab...

Big Retailers Becoming Big Property Owners With Warehouse Deals

Companies look to save long-term costs while making a bet on...

U.S. Consumer Confidence Rose as Delta Covid-19 Wave Eased

People plan to spend on big-ticket items and go on vacation...