Economy Is Showing Sustained Progress, Powell Says

WASHINGTON—Federal Reserve Chairman Jerome Powell said Monday that job growth should pick up in coming months and temporary inflation pressures should ease as the economy continues to recover from the effects of the pandemic. “The economy has shown sustained improvement,” Mr. Powell

Sanderson Farms Explores Sale

Poultry giant Sanderson Farms Inc. SAFM 6.96% is exploring a sale, according to people familiar with the matter, as demand for chicken products rises. Sanderson Farms has tapped Centerview Partners for advice on the potential sale and has attracted interest from suitors

How Bad Is Our Company's Product? Let Us List the Ways

Tobacco giant Altria Group Inc. is on trial, accused of breaking antitrust laws by abandoning its e-cigarette business at the request of rival Juul Labs Inc. The Marlboro maker’s defense: Our e-cigarettes were lousy. To make its case, Altria has asked its

Chip Shortages Are Starting to Hit Consumers

The global chip shortage is pushing up prices of items such as laptops and printers and is threatening to do the same to other top-selling devices including smartphones. Price increases are snowballing their way through suppliers and key materials in chip making

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