McDonald’s Corp has just raised the price of a cheeseburger in its UK restaurants for the first time in 14 years, by a supersized 20% to £1.19 ($1.43) from 99p. Something must be done. The rising cost of a beef patty is symptomatic of the surge in prices that should prompt the Bank of England (BOE) to hike its official ...

  There’s a perfectly good reason to break open the secrets of social-media giants. Over the past decade, governments have watched helplessly as their democratic processes were disrupted by misinformation and hate speech on sites like Meta Platforms Inc’s Facebook, Alphabet Inc’s YouTube and Twitter Inc. Now some governments are gearing up for a comeuppance. In the next two years, ...

  Announcing another interest-rate increase, Federal Reserve Chair Jerome Powell said that the path towards a soft landing — with lower inflation and no significant rise in unemployment — has narrowed. The question is whether there is any such path. The first estimate of second-quarter gross domestic product showed a fall of 0.9% at an annual rate. This came after ...