Business

The $60 figure sets the cap near the current price of Russia’s crude, which recently fell below $60 a barrel. Some criticize that as not low enough to cut into one of Russia’s main sources of income.

Reports emerged that state lawmakers could reconsider their decision to dissolve Disney's Reedy Creek after Bob Iger's return as CEO.

The average income tax refund jumped to $3,253 in 2022, up from $2,863 last year.

The payrolls number was well above the 200,000 estimate, while the unemployment rate was in line.

Analysts say many other U.S. consumers remain in good financial shape, thanks mostly to low unemployment.

His recent tweets and content policies have rattled prominent members of a community that has historically had an outsize presence on the platform, and some are now defecting.

The report says smaller PPP loan applicants were disdained by one fintech, with staff writing, “delete them” and “Who f------ cares.”

The EU’s commissioner for digital policy told Musk that Twitter will have to significantly increase its efforts to comply with the Digital Services Act, set to take effect next year.

“You just don’t know what he is thinking. And it is scary,” the founder of a website that fights hate speech said of Musk.

In an exclusive interview, the heartbroken mothers of Jordan Marshall, Kandace Florence and Courtez Hall said Airbnb must require working carbon monoxide detectors at all of its rental units.

How damaging a strike would be would depend on its length, but a strike of even a few days could lead to a cascade of events that would disrupt supply chains for weeks, industry officials warn.