Business News for Feb. 11, 2022

Marion Steward

Blockades of the U.S.-Canada border stymied flows of critical supplies for the fourth day on Friday, leaving companies scrambling for materials and shutting down major auto factories from Ontario to Alabama. The partial closure of the Ambassador Bridge, the busiest land crossing between the countries and a vital conduit for […]

Business News for Feb. 2, 2022

Marion Steward

HOUSTON — Oil prices are increasing, again, casting a shadow over the economy, driving up inflation and eroding consumer confidence. Crude prices rose more than 15 percent in January alone, with the global benchmark price crossing $90 a barrel for the first time in more than seven years, as fears […]

Business News for Feb. 3, 2022

Marion Steward

Sarah Bloom Raskin’s past statements on climate regulation are stoking heated Republican opposition to her nomination to be the Federal Reserve’s vice chair for supervision and could leave President Biden’s pick with a narrow path to confirmation. Ms. Raskin, a former Fed and Treasury official who previously argued that financial […]