The Federal Reserve raised its target federal-funds interest rate by a quarter percentage point Wednesday, the slowest in a series of eight hikes that began in March […]
Author: John Hugh DeMastri
CEO Bernard Looney of British oil giant BP has expressed plans to scale down the firm’s green energy investments as some have struggled to meet expectations, The […]
GM announced plans to invest $650 million in a Nevada lithium mine, operated by Lithium Americas, a firm whose largest holder has ties to the Chinese Communist […]
The Federal Reserve is likely to further slow its historically aggressive pace of interest rate hikes at its Wednesday meeting as inflation cools, but consumers will still […]
The New York City Comptroller, Brad Lander, threatened to pull billions from asset managers that refused to support his recent climate resolutions, the latest salvo in the […]
(Gary Coronado / Los Angeles Times via Getty Images)
American oil company Chevron nearly doubled profits from 2021 to 2022, posting record-breaking annual earnings of $35.5 billion, the company announced Friday. The company’s 2022 profit was […]
The portion of Americans that are “severely delinquent” on their car loans in December hit the highest level since February 2009, according to analytics firm Cox Automotive. […]
Chinese manufacturers continue to dominate the global market for electric vehicles (EVs) and batteries, thanks to their control of minerals critical to the EV supply chain, according […]
Audio streaming platform Spotify is laying off 6% of its staff, becoming the latest in a series of tech firms to make major cuts, the company announced […]
Google parent Alphabet has cut roughly 12,000 jobs across the company, affecting positions worldwide, CEO Sundar Pichai wrote in a letter to employees Friday. Google becomes the […]
Jeff Bezos, the owner of The Washington Post and founder of , attended an editorial meeting at the Post Thursday where staff discussed stories about his other […]
made content moderation decisions based on communications with the U.S. Centers for Disease Control (CDC) throughout 2021, according to documents published Thursday by Reason. staffers […]
