California’s attorney general has issued subpoenas to major oil refiners as part of an investigation into whether the companies artificially raised retail gasoline prices in the state, according to people familiar with the matter
Brexit-fueled uncertainty is the biggest risk to the global economy as financial market tremors from the U.K.’s decision to exit the EU could further shake the world, the International Monetary Fund warned.
Current anti-immigration rhetoric blames the foreign-born for job losses and low wages. But evidence for a link between economic circumstances and public acceptance of immigrants is weak, suggesting ways to counter populist opposition, Greg Ip writes.
The European Union opened a formal antitrust probe into Anheuser-Busch InBev’s practices on the Belgian beer market, citing concerns it may be hindering imports of its beer from less expensive markets in neighboring countries.