Page 11 - Wsj Com News Today

The Federal Reserve is set to launch a long-awaited faster payments system by next summer, a step that officials say will modernize an outmoded infrastructure and ensure that near-instant payments become widely available.

Russia pumps almost as much oil into the global market as it did before its invasion of Ukraine. With oil prices up, Moscow is also making more money.

Warren Buffett's investment firm said it sold shares of Chinese electric-vehicle maker BYD Co. for about $46 million.

California on Thursday approved regulations banning the sale of new gasoline-powered cars and trucks by 2035, an action aimed at addressing climate change that could speed the nation's transition to electric vehicles.

Hollywood studio executives charged with projecting global box-office revenues are putting $0 in the China column. Baccarat tables in Macau sit empty. Singers skip Shanghai concert halls on tour.

Crypto is ailing. Sam Bankman-Fried is betting a billion dollars he can fix it.

Europe's energy crisis has unleashed a global battle over natural-gas tankers, leading to a shortage of ships and further boosting the fuel's record prices.

Web browsers were at the center of the first major antitrust case challenging the power of big tech companies more than two decades ago. Now a new generation of regulators and rivals are again questioning whether the gateways to the internet are too tightly controlled.

Germany plans to postpone the closure of the country's last three nuclear power plants as it braces for a possible shortage of energy this winter after Russia throttled gas supplies to the country, said German government officials.

Max Levchin says the market is wrong about Affirm Holdings Inc., the buy now, pay later company he co-founded a decade ago. It might just take a recession to prove it.