WASHINGTONInflation accelerated in July as an underlying measure of consumer prices posted its strongest two-month gain since early 2006.The consumer-price index, which measures what Americans pay for items from mutton to motel rooms, rose a seasonally adjust…
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U.S. Retreats on Chinese Tariff Threats, Stocks Soar
WASHINGTONThe Trump administration abruptly offered Chinaand U.S. consumersa reprieve from sweeping tariffs that were poised to hit on Sept. 1, sending stocks sharply higher and raising hopes for reviving talks on a trade deal.Trade talks appeared in jeopardy…
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U.S. Mortgage Debt Hits Record, Eclipsing 2008 Peak
WASHINGTONU.S. mortgage debt reached a record in the second quarter, exceeding its 2008 peak as the financial crisis unfolded.Mortgage balances rose by $162 billion in the second quarter to $9.406 trillion, surpassing the high of $9.294 trillion in the third …
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States Sue Trump Administration Over Rollback of Power-Plant Regulations
WASHINGTONMore than 20 states are suing the Trump administration over its rollback of climate-change regulations for power plants in what could be a landmark case deciding what the federal governments responsibility is for fighting global warming.New York and…
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What Your Voice Reveals About You
The sound of your voice is becoming a new type of fingerprint.Increasingly sophisticated technology that detects nuances in sound inaudible to humans is capturing clues about peoples likely locations, medical conditions and even physical features.Law-enforcem…
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NFL Taps Jay-Z for Social-Justice Issues—and Entertainment Offerings
The NFL has struck a broad alliance with Jay-Z in which the rapper will both help the league with one of its thorniest problemssmoothing out continuing tensions with players over social-justice issuesand expand the NFLs entertainment offerings, including the …
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CBS and Viacom Strike Deal for Long-Thwarted Merger
CBS Corp.
CBS.A 4.11%
and
Viacom Inc.
VIA 0.92%
agreed to merge, according to people familiar with the situation, a deal the media companies hope will put them on stronger footing to compete with larger rivals in a business buffeted by cable TV cord-c…
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