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Shoppers Are Fretting. Stores Are Listening.

Consumers are growing cautious, and companies from Walmart to Procter & Gamble are altering course to reflect changing budgets. …

05/28/22

Big Tech’s Talent Bonanza

After years of fighting to keep engineers and other sought-after employees from leaving for rivals or buzzy startups, the healthiest of the big tech companies are increasingly attractive for tech workers suddenly keen on stability…

05/28/22

Flight Cancellations Pile Up Ahead of Holiday Weekend

Airlines are facing weather-related disruptions and grappling with staffing shortages as the Memorial Day holiday presents carriers with a first test in the run-up to an expected summer travel boom. …

05/27/22

Household Spending Rise Leans on Savings

U.S. households boosted spending for a fourth straight month in April, but the savings rate fell to the lowest in 14 years, suggesting many Americans are tapping savings to offset cost increases from inflation. …

05/27/22

SEC Confirms Probe Into Elon Musk’s Disclosure of Twitter Stake

The agency is asking the Tesla CEO why he didn’t make the required filing within 10 days after his Twitter stake crossed the 5% threshold. …

05/27/22

Big Lots, Hibbett Become Latest Retailers to Show Inflation Pain

Big-box chain Big Lots and sporting-goods retailer Hibbett saw double-digit sales declines as higher prices across the spectrum dent shopper spending power. …

05/27/22

China Smartphone Demand Weakens Amid Covid Resurgence

From Apple to chip makers, companies warn of fewer shipments and weaker consumer spending in the world’s biggest smartphone market. …

05/27/22

The Hot Ride This Memorial Day Weekend Is a Minivan. Good Luck Finding One.

The multipurpose family vehicle is in vogue again—even Kim Kardashian showed up in one—and prices are through the sunroof. ‘I still don’t think it’s attractive.’ …

05/27/22

The No-Nonsense Investor Behind SeaWorld’s Sea Change

The once-beleaguered theme-park company’s largest shareholder and chairman, Scott Ross, has turned things around—sometimes using a blunt approach. …

05/27/22

Inflation Eased Slightly in April, According to Fed’s Preferred Measure

Consumer prices rose 6.3% in April from a year earlier, down from 6.6% in March, as measured by the Commerce Department’s personal-consumption expenditures price index, but remained near a four-decade high. …

05/27/22