Life isn’t getting easier for the Federal Reserve. US inflation remains way above target, supply blockages show no sign of easing, the labour market is stretched — and the pressure on prices continues to build. Many investors are expecting a faster pace of tightening from the Fed; but overdoing it risks pushing the economy into recession. Striking the right ...

Bloomberg Tesla Inc is calling back its workers in Shanghai to prepare for the initial resumption of production as soon as next week, after a weeks-long suspension because of the city’s strict lockdown to contain the Covid outbreak, people familiar with the matter said. The electric vehicle pioneer told some employees to enter a so-called “closed-loop” production system on April ...

  Bloomberg DiDi Global Inc will hold an extraordinary general meeting on May 23 to vote on delisting its shares from the New York Stock Exchange, a sign the ride-hailing giant is heeding Beijing’s call to address concerns about how its data is handled abroad. The company said in statement it won’t apply to sell shares on any other stock ...