Private sector job growth cools to 106,000 in January, lowest in 2 years: ADP
Private U.S. companies added just 106,000 new workers in January as weather-related issues, including severe flooding across California, disrupted hiring.
Cryptoverse: Big investors edge back to bitcoin
Bitcoin investors might finally be returning to cryptocurrency after the FTX collapse caused a crypto winter that saw the cryptocurrency industry take heavy losses.
Exxon’s record profits irk White House in energy blame game
Exxon Mobile’s whopping earnings in 2022 irk White House, which called the report "particularly galling" as Americans spent more for gas prices.
PagerDuty CEO apologizes for quoting Martin Luther King Jr. in layoff email to staff
PagerDuty CEO issued an apology to employees after getting backlash for what critics are calling a "tone-deaf" layoff memo, in which she quoted Martin Luther King Jr.
Electric vehicles more expensive to fuel than gas-powered cars at end of 2022: consulting firm
It was cheaper to fuel a gas-powered car for 100 miles than it was to charge a comparable electric vehicle in late 2022, according to Anderson Economic Group.
House to vote on bill offsetting Biden's SPR drawdown with more oil and gas production
The House will vote Friday on the Strategic Production Response Act, which would boost U.S. oil and gas production in response to drawdowns of the Strategic Petroleum Reserve.
Mortgage rates continue downward trend
Mortgage rates continue cooling off as optimism reigns that the Federal Reserve will loosen its fight on inflation. Home buyers optimistically return to the market.
Dow to cut 2,000 jobs, plans to save $1B in costs
Dow Inc. is starting a corporate restructuring plan and will lay off 2,000 workers around the world in an effort to save $1 billion in costs this year.
US GDP grew at 2.9% pace in fourth quarter as economy cools
The fourth-quarter GDP report shows the U.S. economy finished the year on relatively strong footing, despite high inflation and rising interest rates.
US plant outages send oil refining margins to 3-month high
Refining margins are on the rise as more plants undergo outages due to accidents or delayed maintenance due to the pandemic.
Oil expert rips Biden's weaponization of Strategic Petroleum Reserve as 'blasphemy': 'Disaster for America'
Canary CEO Dan Eberhart addressed the rise in U.S. oil and gas prices and explains how Biden's energy policies are hurting American consumers.
Gas prices rise on strong demand, higher oil prices
Gas prices rose 14 cents over the past week
Hawaii governor proposes tax breaks to lower cost of living
The governor of Hawaii told lawmakers on Monday that he wants to invest $1 billion in affordable housing, as well as give tax breaks to residents of all income levels.
US business openings reach all-time high in 2022
Even with a myriad of economic challenges facing business owners, new business openings notched an all-time high in 2022, according to a new report from Yelp.
Biden would veto House GOP bill restricting president's ability to draw from strategic petroleum reserve
President Biden would veto a bill being pushed by House Republicans that would limit his ability to draw from the Strategic Petroleum Reserve, the White House said Monday.
Tesla, Microsoft, Boeing earnings, along with GDP top week ahead
Apple's new macbook, as well as earnings from Visa, Mastercard, and American Express and most major airlines including JetBlue and Southwest headline a busy week.
Lieberman calls for bipartisan solution to 'unacceptable' US debt: 'Potential consequences are catastrophic'
Former Connecticut Sen. Joe Lieberman urges Republicans and Democrats to come together and "work it out" on spending after the U.S. hits the debt limit.
Hedge fund industry lost $125B worth of assets in 2022
Investors rethought putting their money into hedge funds, leading to a net outflow of $55 billion in assets, making it the largest capital flight from the industry since 2016.
Wayfair cutting 10% of workers as layoffs mount
Wayfair announced Friday that its laying off more workers as it continues to thin out management and become more agile in the current economic environment.
WeWork cutting hundreds of global jobs
WeWork announced Thursday that it's cutting hundreds of jobs as it continues to streamline operations and optimize its portfolio amid the uncertain economy environment.



















