IMF Cuts Global Growth Forecast Amid Supply-Chain Disruptions, Warns of Inflation Risks

The International Monetary Fund lowered its growth forecast for the world economy for this year, citing supply-chain disruptions in rich economies and global-health concerns caused by the spread of the contagious Covid-19 Delta variant.

Tax Proposals Hit Headwinds as Democrats Try to Finalize Deal

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

Big Retailers Becoming Big Property Owners With Warehouse Deals

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

Eli Lilly Asks FDA to Approve Alzheimer’s Drug

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

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

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