Donald Trump’s sagging fortune is suddenly poised to get a massive boost from meme-stock mania.

News this week that the former president’s nascent media enterprise, Trump Media & Technology Group, is planning to go public via a special purpose acquisition company (SPAC) has sent retail investors into a frenzy, even with few details ...Read more

California's job growth slowed last month, and its unemployment rate remained high as the state, still pummeled by the COVID-19 Delta variant, struggled to recover economic momentum.

Many workers were reluctant to return to their jobs because the virus was circulating in schools and businesses, or because they were looking for safer, better-...Read more

After the union representing Hollywood crews finally reached a deal on a new contract last week, International Alliance of Theatrical Stage Employees President Matthew Loeb proclaimed it "a Hollywood ending" and a sign that "our members stood firm."

The tentative three-year contract on behalf of 40,000 film and TV workers who belong to IATSE ...Read more

Few behaviors are as triggering as someone suggesting bad parenting — your bad parenting. Perhaps a co-worker innocently wonders whether you ever cook homemade meals for your kids, or a teacher’s email suggests that all kindergarten parents chaperone field trips.

You think, “Ugh, I’m a horrible parent.”

Rather than looking at these ...Read more

In a damning morning of testimony Friday, jurors in Elizabeth Holmes’ criminal fraud trial heard that Theranos used the Pfizer logo and claimed the pharmaceutical giant had validated its technology in 2010, while a former Pfizer scientist testified that he had dismissed the blood-testing technology two years earlier and knew of no one at ...Read more

Shares of Donald Trump’s new conservative media venture nearly doubled this week, mostly fueled by Reddit-online daytraders, but some well-known hedge funds turned out to be early investors as well.

Trump Media & Technology Group merged with a shell company called Digital World Acquisition Corp. (NASDAQ: DWAC) as a way to go public. The ...Read more

Citigroup Inc. became the first Wall Street bank to agree to do a deep dive into its business to see if, and how, it contributes to racial discrimination.

The audit will be conducted by attorneys at Covington & Burling LLP, Citigroup said Friday on its website. The bank said the audit will focus on its 2020 commitment to dedicate $1 billion ...Read more

When the United Auto Workers union met John Deere management last month to hash out a labor agreement for 10,000 machine workers, they thought they had a deal: a tentative contract that would give immediate raises of at least 5%, followed by 3% pay bumps in 2023 and 2025.

Union leaders said the agreement contained “significant economic gains....Read more

Google takes up to 42% of the money paid for digital ads published online, according to a newly unsealed court filing by states that claim the search and advertising giant abuses its monopoly power in online advertising to limit competition and harm consumers.

The Alphabet Inc. unit runs the biggest electronic marketplace in the world, ...Read more

Facebook, by any other name, has a problem. It’s not a profit growth problem – at least not right now. It is a bruised and battered corporate image as a social media bully.

Facebook is used to the spotlight, and it has thrived under pressure from the public and politicians for its laissez-faire approach, even though it’s the company’s ...Read more

The maker of Jeep SUVs and Ram pickup trucks on Friday announced plans for a second joint venture to build a second battery plant in North America — this time with Samsung SDI.

Stellantis NV and the Korean manufacturer said, after entering into a memorandum of understanding that is subject to regulatory approvals, they are planning for a ...Read more

Investors are stepping up bets that the world’s key central banks will raise interest rates sooner than they’d planned, and faster than they’d like.

Global bonds are headed for their worst year since 2005, according to a Bloomberg index, with traders seeing rate hikes in the pipeline across developed economies.

That’s because they ...Read more

Consumers around the world are about to get socked with even higher prices on everyday items, companies from food giant Unilever Plc to lubricant maker WD-40 Co. warned this week as they grapple with supply difficulties.

The maker of Dove soap and Magnum ice cream bars jacked up prices by more than 4% on average last quarter, the biggest jump ...Read more

Go back just a year ago and it wouldn't have mattered that three 40-foot corrugated metal shipping containers stuffed with thousands of ugly holiday sweaters couldn't make their way out of a California port.

Who was going out to the bars? Or heading to a big family dinner? Who worried about buying a new quirky sweater when life looked grim as ...Read more

Tech-industry experts, city planners and even Gov. Jay Inslee have touted self-driving cars as a panacea, cutting congestion and vehicle emissions while reducing collisions.

But an announcement last Monday from Amazon's self-driving car unit Zoox that it will soon start testing its autonomous vehicles in downtown Seattle drew criticism from ...Read more

Last year Patrick Anderson went electric: He got a Porsche Taycan EV in dark blue.

Anderson, who is CEO of East Lansing, Michigan-based economic consulting firm Anderson Economic Group, loves the zippy acceleration and "exciting" features the car offers. He also gets satisfaction in knowing that driving an EV benefits the environment, he said. ...Read more

I get emails regularly from readers saying they'll never buy an electric vehicle because there's no place nearby to charge it.

They're nearly always wrong, but it's not their fault: The electric vehicle charging industry does a miserable job letting people know where to find chargers.

"People are largely unaware of the existing EV charging ...Read more

WAMPUM, Pennsylvania — The trouble with straightaways is they have to end.

With 668 horses howling in my ears, I bang the gearshift into fourth through the kink on Pittsburgh International Race Complex's back straight and the supercharged 6.2-liter V-8 engine in the 2022 Cadillac CT5-V Blackwing wants to take me to the moon.

The sound is ...Read more

The Rivian R1T, the first electric full-size pickup, just went on sale, and it's clearly ready to challenge luxury vehicles like Land Rovers, with head-snapping power and eye-popping technology. Priced starting at $73,000, the R1T makes no pretense of competing with upcoming mass market electric pickups like the Ford F-150 Lightning that arrives...Read more