National business

Federal Reserve Vice Chair for Supervision Michelle Bowman said it’s too soon to judge the inflationary impact from the Iran war and that policymakers need to look through temporary price shocks.

Micron Technology Inc. is the third-best performer in the S&P 500 Index this year and at the same time one of the least expensive stocks in the market. While that dichotomy looks bullish on the surface, it may be more of a warning sign than a green light for investors.

Kevin Warsh won the race for Federal Reserve chairman partly by mapping out a route to lower interest rates. Now, the new Fed chief faces a starkly different dynamic: How to restrain a sudden shift in expectations for higher rates as fellow policymakers warn that inflation is back.

More than 10 million US patients will regain easy access to Eli Lilly & Co.’s obesity shot Zepbound through insurance after CVS Health Corp. reversed a controversial decision to restrict it for certain drug plans.

Best Buy Co. shares soared after the electronics retailer reported sales that topped estimates as demand for consumer electronics held up in the face of inflation and soaring gas prices.

As Americans confront a surge in prices at the pump, another inflation wave is headed for the grocery store.

Boeing Co. has successfully completed a so-called capstone review with the Federal Aviation Administration to further increase production of its workhorse 737 Max to 47-jet monthly output, a key step for the planemaker to improve profitability and generate cash.

Exxon Mobil shareholders on Wednesday approved the company's plan to redomicile in Texas, marking a win for the top U.S. oil producer after two ​leading proxy advisory firms advised investors to strike down the proposal.

Shares of U.S. space companies continued to climb on Wednesday, extending their recent rally as investors bet that rocket company SpaceX's mammoth market listing could force Wall Street to ​fundamentally rethink how it values the space economy.

The Federal Aviation Administration on Tuesday proposed fining Alaska Airlines $165,000 for allegedly allowing ​intoxicated passengers to board numerous flights.

Journalists at four Washington-based newspapers run by McClatchy Media Company are on strike Tuesday. The one-day strike by the Washington State NewsGuild is taking place as workers demand higher wages. They say McClatchy is guilty of “bad-faith bargaining” during contract negotiations. The Idaho NewsGuild is also participating in the strike.

Meta’s sweeping layoffs announced last month hit 1,395 employees in King County, per a recent state filing last week. While Meta is headquartered in Menlo Park, California, the company maintains a significant presence in the Seattle area.

DETROIT -- For about 25 years, the Dodge Viper stood at the pinnacle of the brand's lineup as a ridiculous V-10-powered muscle car fused with sleek sports car styling. Now, the brand is planning to bring back something similar with a "hyper muscle car" called the Copperhead SRT. Stellantis NV executives briefly showed a mock-up of the car to investors and journalists during the automaker's ...

Blue Origin’s massive manufacturing site in Brevard County is primed to expand with a new $600 million facility to speed up New Glenn rocket production, the governor’s office announced Friday. The investment, dubbed “Project Horizon,” would bring an 830,000-square foot building dedicated to constructing more of New Glenn’s upper stage at the company’s sprawling site within Rocket Park, ...

As Kevin Warsh takes the helm at the Federal Reserve, bond investors are betting he’ll prioritize the central bank’s inflation-fighting credibility over President Donald Trump’s push for lower interest rates.

Carl’s Jr. began in 1941 as a hot dog cart on the corner of Florence and Central in Los Angeles and grew into one of the region’s best-known burger chains. Eight decades later, the now-global chain is struggling in its old neighborhood.

James Mills has spent a lot of time thinking about chicken muck lately.

WASHINGTON – Kevin Warsh was sworn in as chair of the Federal Reserve on Friday at a pivotal moment for an American economy where surging gasoline prices due to the Iran war are pushing up inflation and eroding consumer sentiment, potent ingredients for a policy dilemma with political implications.