Business

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Global debt is at elevated levels, but isn't high enough to draw comparisons with the 2008 financial crisis just yet. Risky corporate debt, particularly in the form of leveraged loans, has been on the rise for a number of years, with analysts suggesting the recent build up could be a significant risk to global GDP…
In 2016, Instagram's ad business was booming and Facebook was reaping the rewards of its $1 billion acquisition of the mobile app four years earlier. Advertising was still new to Instagram, but the app, with its 500 million young users, represented a significant amount of shiny, new inventory to advertisers, particularly as they shifted spend…
The transportation data firm INRIX Research released on Tuesday its annual rankings of the most congested cities in the US. The company measured the amount of time lost per capita in 2018 due to the difference between traffic at the busiest and least busy commuting times each day. Cities were ranked based on delays caused…
MUNICH—A divided America was on display this weekend in Munich where Vice President Mike Pence and Democrats including his predecessor Joe Biden offered competing visions of the trans-Atlantic relationship that could shape the world for years to come. Both Mr. Pence and the Democrats claimed to stand for U.S. leadership on the world stage and…
PARIS—A spate of anti-Semitic incidents has accompanied France’s yellow-vest protests in recent weeks, raising fears that the movement is stirring up hatred in the nation that is home to Europe’s largest Jewish population. On Saturday, protesters clad in reflective yellow vests were filmed accosting Alain Finkielkraut, a prominent public intellectual, as he walked with his…
BAGHDAD—Islamic State militants hiding among civilians have slowed an advance by U.S.-backed coalition forces in Syria, said the top American ground commander, a setback in the fight to reclaim the last vestiges of Islamic State’s territory. Lt. Gen. Paul LaCamera, who commands the fight against Islamic State in Iraq and Syria, told reporters in Baghdad…
Investors who piled into electric-car metals can’t seem to catch a break. Markets from stocks to crude oil have staged a comeback in 2019 after a tumultuous stretch at the end of last year. But cobalt and lithium—metals that are key to making the rechargeable batteries used in electric vehicles and smartphones—are missing out on…
Amazon.com Inc.’s sudden move to abandon plans for a new campus in New York ends the protests in the city but doesn’t remove the national scrutiny being placed on the company, according to corporate reputation and management experts. “There are two very energetic forms of populism in the U.S. right now, one on the left…
It’s time for Americans to meet the new tax law. Congress raced forward in late 2017 to enact the largest overhaul of the U.S. tax code in three decades. But because most changes took effect in January 2018, taxpayers are now filing their first returns based on the new law. And what are many of…
Former deputy FBI director Andrew McCabe described the conversation during which he said deputy attorney general Rod Rosenstein first offered to secretly record President Donald Trump in the White House. In a Sunday night airing of "60 Minutes," McCabe described what he said was an "incredibly turbulent, incredibly stressful" period after Trump fired FBI Director…