Business

QUICK DRIVE: 2022 Jeep Grand Cherokee Summit L

There’s an all-new redesigned 2022 Jeep Grand Cherokee — including the 4xe hybrid — and a Wagoneer revival coming down the road this winter. But the three-row Grand Cherokee L…

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Survey: Business Economists Foresee Persistent Inflation

The nation’s business economists have sharply raised their forecasts for inflation, predicting an extension of the price spikes that have resulted in large part from bottlenecked supply chains. A survey…

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Job Growth Slows; Unemployment Rate Plunges to 4.2%

U.S. employment growth slowed considerably in November amid job losses at retailers and in local government education, but the unemployment rate plunged to a 21-month low of 4.2%, suggesting the…

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Powell Says Omicron Clouds Inflation, Economic Outlook

Federal Reserve Chair Jerome Powell says that the appearance of a new COVID-19 variant could slow the economy and hiring, while also raising uncertainty about inflation. The recent increase in…

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