Surging Inflation Poses Challenge to Biden's $2 Trillion Spending Plan
The highest inflation in three decades is posing a new test for President Biden as he seeks to push through another pillar of his economic agenda while also easing Americans' concerns about rising consumer prices.
S&P 500, Nasdaq Claw Back Ground a Day After Inflation Readout
U.S. stocks rose, rebounding from a selloff that came after an inflation reading hit a three-decade high.
Companies Order Record Number of Robots Amid Labor Shortage
North American firms ordered nearly 29,000 robotics units in first nine months of 2021.
U.K. Companies See Higher Costs from Supply Disruption, Survey Says
Around four in five British companies have reported increased prices as supply chain disruption and cost inflation mounts, a survey by the British Chambers of Commerce said.
Energy Companies Use 3-D Printing to Bypass Snarled Supply Chains
Issues including cost and print speeds have constrained the 3-D printing industry, but a rise in global shipping costs and new techniques are making the technology more attractive.
A COP26 Deal in Scotland Would Help Investors Too
A surprise declaration between Washington and Beijing could lay the foundations for a meaningful climate deal in Glasgow, though it is still no sure thing.
Bank of Mexico Raises Interest Rates for Fourth Time
The Bank of Mexico raised interest rates for a fourth consecutive meeting, as expected, citing persistent inflation pressures and rising inflation expectations.
Overhauled Auditing Watchdog Expected to Boost Industry Scrutiny and Focus on Investors
The SEC picked four new members of the accounting oversight board to replace a fired panel.
High Energy Prices Likely to Mean Less Oil Demand This Year, OPEC Says
Soaring fuel costs amid a global energy crunch were showing signs of weighing on demand, said the Organization of the Petroleum Exporting Countries, and weaker than expected demand for oil in China and India was now likely.