Schumer Says Deal Reached on Short-Term Debt-Limit Extension

Senate Majority Leader Chuck Schumer said he reached a deal with Republicans to defer a showdown over the debt ceiling until December, in the face of mounting concerns over a possible government default.

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...