Dow Drops More Than 500 Points

The Dow Jones Industrial Average had its worst week since October, falling more than 3%, as Fed policy makers signaled this week that they expect to raise interest rates sooner than anticipated.

Tight Labor Market Returns the Upper Hand to American Workers

Employers competing for low-wage workers are offering signing bonuses, bigger raises and perks previously reserved for white-collar employees.

Supply Crunch Risks Extending Into 2022, Stoking Inflation

Economists and business executives now say supply-chain disruptions, key labor shortages and resurgent demand driven by multiple rounds of fiscal stimulus will persist through the end of the year, if not longer.

Iran’s New Hard-Line President Poised for Pivotal Role in Nuclear Talks

While Ebrahim Raisi is expected to agree to reimposing constraints on Iran’s nuclear program, he is seen as a more confrontational adversary to the West than his predecessor, current President Hassan Rouhani.

Facebook, Alphabet Keep Rising; Apple, Netflix Fade

The so-called FAANG stocks and their lofty valuations are being reconsidered by investors after their synchronized rise last year amid the pandemic.

Troubled Companies Take Page From AMC Playbook in Seeking Stock-Market Lifelines

Earlier this month, coal miner Peabody Energy Corp., offshore drilling contractor Transocean Ltd. and retailer Express Inc., all announced plans to sell stock, betting equity markets will support them despite heavy debt loads, recent losses and industry headwinds.

The New Test for Central Bankers’ Cool: Booming House Prices

With consumer prices rising sharply, central bankers are having to work hard to resist the temptation to raise interest rates. A real-estate boom could make the job even tougher.