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WSJ.com: What's News US
What's News US

WSJ.com: What's News US
  • Savings at the Pump Are Staying in Wallets
    Americans are taking the money they are saving at the gas pump and socking it away, a sign of consumers’ persistent caution even when presented with an unexpected windfall.

  • IPO Sizzles as Shake Shack Tests Big Chains
    Shares of fast-casual chain Shake Shack, rocketed up 119% on their first day of trading from their initial public offering price of $21 each, ending at $45.90 and giving the operator of 63 restaurants a valuation topping $1.6 billion.

  • U.S. Economy Hits Speed Bumps
    The U.S. economy entered 2015 on the most robust streak of consumer spending in years, yet when the first growth figures for 2014 came out they underscored the lack of vigor in the current expansion.

  • U.S. Oil Prices Jump
    U.S. oil prices surged 8.3% as traders jettisoned bearish bets against the market after data signaled that crude production may be starting to ebb.

  • Chevron Earnings Hit New Low
    Chevron posted its lowest quarterly profit in five years and said it would trim its ambitious spending plans and halt share buybacks as the collapse in oil prices erased billions of dollars in cash flow.

  • U.S. Stocks Drop
    U.S. stocks fell on Friday, with the Dow Jones Industrial Average and the S&P 500 posting their biggest monthly losses in a year.

  • ECB Deputy Denies Germany Delayed QE
    The European Central Bank’s decision to launch a program of large-scale government bond purchases wasn’t delayed by opposition from Germany, ECB Vice President Vitor Constancio said.

  • Alibaba, China Agree to Tackle Fakes
    Alibaba claimed vindication in a dispute with a Chinese government agency over alleged sales of fakes and other misdeeds on its sales platforms, after agency officials said the two sides would work together to stamp out counterfeit goods.

  • Panasonic Stops Making Televisions in China
    Panasonic Corp. has stopped making televisions in China, faced with severe price competition and slowing market growth, a person at the company said Saturday.

  • Greek Banks May Lose ECB Credit
    The European Central Bank will stop lending to Greek banks if there is no agreement that will keep the country’s bailout program in force, an ECB policy maker said.

  • Russia Cuts Interest Rates
    Russia’s central bank surprised financial markets with a two percentage point cut in its key interest rate, sending the ruble lower even as the bank said the currency was showing signs of stabilization.

  • Former IT Manager of Digital-Currency Firm Sentenced to Prison
    The former technology manager of a digital currency company that federal officials allege was being run as a $16 billion money-laundering scheme was sentenced to three years in prison.


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