Track the latest in business and finance—from market trends and economic updates to startup stories and global trade analysis.
The tractor maker said that sales were down and that higher metal tariffs would cost it $600 million, while American farmers face dwindling overseas demand for some crops. Source link
A survey shows employers expect a sharp increase in benefit costs for next year, and many will want workers to shoulder more of the burden. Source link
U.S. farmers need to sell their incoming crop, and China needs to buy it in case its main alternative, Brazil, has a flood or drought. But their trade war prevents a deal. Source link
Takeshi Niinami said he never used the products in Japan, where officials are investigating whether they are banned under the country’s strict drug laws. Source link
A federal appeals court had invalidated a centerpiece of President Trump’s economic strategy, finding that a 1977 law did not authorize the tariffs. Source link
A federal judge ordered steps in the search monopoly case that will restrain Google but not break it up, signaling a cautious antitrust approach by courts. Source link
The smaller outlet in conservative TV news argued in a lawsuit that Fox News had essentially created a monopoly. Fox said the case had no merit. Source link
ConocoPhillips of Houston on Wednesday announced plans to reduce its global work force by up to 25 percent. Source link
Stephen Miran is scheduled to face members of the Senate Banking Committee on Thursday as the administration steps up its attacks on the Federal Reserve. Source link
The agency’s staff scientists pointed out how Covid was still unpredictable and posed a threat to toddlers, but the official decided to restrict shots only to children with risk factors. Source link