Wall Street Journal

InJapan's Hot Economy, aWorrisomeLesson onInflation

InJapan's Hot Economy, aWorrisomeLesson onInflation

Standard models of the economy are built on a simple relationship: When unemployment goes down, inflation eventually goes up. That relationship has looked sickly for years. In Japan, it may be dead, a
Fed Minutes to Offer Clues on Where Rates Are Headed

Fed Minutes to Offer Clues on Where Rates Are Headed

The Federal Reserve will shed more light on policy makers’ outlook for the second half of the year when it releases the minutes of its May 1-2 meeting.
Eurozone Business Activity Continues to Slow for Fourth Straight Month

Eurozone Business Activity Continues to Slow for Fourth Straight Month

Business activity in the eurozone slowed for the fourth straight month in May and more sharply than expected, a survey of manufacturers and service providers showed, a sign that economic growth has
Next PlayStation Is Three Years Off, Sony Says

Next PlayStation Is Three Years Off, Sony Says

Sony wants to spend three more years readying its next videogame move, the head of the PlayStation business said—a slight slowdown in the six-to-seven-year update cycle for the console since the first
U.S. Profit Boom Leaves Europe Inc. Playing Catch-Up

U.S. Profit Boom Leaves Europe Inc. Playing Catch-Up

The eurozone’s economy has outpaced the U.S. for the past two years, yet its corporate profits are trailing those in America like never before.
Meet the Startup Building a Market From Scratch to Become Africa's Alibaba

Meet the Startup Building a Market From Scratch to Become Africa's Alibaba

On safari for the rare African tech unicorn, Goldman Sachs and other big-name investors think they have spotted a winner in Jumia, the continent’s aspiring Alibaba.
SoftBank Agrees to Sell Flipkart Stake to Walmart

SoftBank Agrees to Sell Flipkart Stake to Walmart

The operator of the world’s largest technology fund—which holds a 21% stake in Flipkart—had been delaying a decision to participate in Walmart’s $16 billion deal to take control of India’s largest
Apple Avoids Amazon's Beauty Contest, Searches Secretly for New Campus

Apple Avoids Amazon's Beauty Contest, Searches Secretly for New Campus

The world’s two most valuable technology companies, Apple and Amazon, are shopping for cities in which to build new corporate campuses. But with one of them, you would hardly know it.
Nafta Talks Stalled on U.S. Auto Demands

Nafta Talks Stalled on U.S. Auto Demands

Talks to renegotiate the North American Free Trade Agreement have reached a stalemate, with Mexico and the U.S. accusing one another of intransigence and inconsistency after missing a key deadline.
Fed Survey: Americans See Brighter Economic Prospects, but Fragility Remains

Fed Survey: Americans See Brighter Economic Prospects, but Fragility Remains

Americans generally are seeing steady improvements in their financial well-being, according to a Federal Reserve survey. But people’s perceptions of their economic situation varied based on race and
Foxconn Unit Plans China's Biggest IPO Since 2015

Foxconn Unit Plans China's Biggest IPO Since 2015

A unit of Taiwan’s contract electronics manufacturer Foxconn Technology Group said it plans to raise $4.25 billion through an initial public offering in Shanghai, potentially marking China’s biggest
Shareholders Rebuke Wynn Resorts on Executive Pay

Shareholders Rebuke Wynn Resorts on Executive Pay

Wynn Resorts shareholders voted overwhelmingly against the company’s executive compensation plan, a rare public rebuke of the corporation’s leadership in the months since founder Steve Wynn resigned
Congress Pushes Back on White House Approach to Chinese Tech Deals

Congress Pushes Back on White House Approach to Chinese Tech Deals

Lawmakers are moving to thwart Trump administration efforts to ease restrictions on Chinese telecom giant ZTE and other sensitive technology, citing fears the positions would compromise national
Amazon's Facial Recognition Fans Big Brother Fears

Amazon's Facial Recognition Fans Big Brother Fears

Dozens of civil-rights organizations called on Amazon.com to stop selling its facial-recognition technology to law-enforcement organizations.
New Intel Chip Flaws Found---And They Likely Won't Be the Last

New Intel Chip Flaws Found---And They Likely Won't Be the Last

Intel plans to release patches for a new vulnerability affecting its chips, the second time this year it has addressed flaws known as Spectre and Meltdown. It is unlikely to be the last.
Toll Brothers Shares Slide, Hurt by Weak Results

Toll Brothers Shares Slide, Hurt by Weak Results

Shares of high-end home builder Toll Brothers fell 10% after the company reported lower-than-expected profit margins for its most recent quarter.
Univision Taps Vincent Sadusky as CEO, Succeeding Randy Falco

Univision Taps Vincent Sadusky as CEO, Succeeding Randy Falco

Univision Communications Inc. has tapped media veteran Vincent Sadusky as chief executive, succeeding Randy Falco at the troubled Spanish-language broadcaster, according to people familiar with the
Trump Is Targeting 10% Cut in EU Steel, Aluminum Exports to U.S.

Trump Is Targeting 10% Cut in EU Steel, Aluminum Exports to U.S.

President Donald Trump is weighing trade measures to cut European Union steel and aluminum exports to the U.S. by about 10%, in a sign that the bloc’s concessions to secure tariff exemptions aren’t
Anger Over Tourists Swarming Vacation Hot Spots Sparks Global Backlash

Anger Over Tourists Swarming Vacation Hot Spots Sparks Global Backlash

Tourism, once considered an easy way to diversify an economy, has become a mega-industry. And those millions of tourists who descend each year on top destinations including Venice, Barcelona, Thailand
Airbus, EU Say Plane Subsidies Are Over; U.S. Disagrees

Airbus, EU Say Plane Subsidies Are Over; U.S. Disagrees

A massive airplane subsidy dispute between the U.S. and European Union escalated on Tuesday after Airbus SE said that it took steps with France, Germany, Spain and the U.K., to satisfy World Trade