Chevron weighs extending CEO Mike Wirth past mandatory retirement age
Mike Wirth is in his fifth year as chief executive of Chevron. High oil and natural-gas prices lifted Chevron’s annual profit last year to a record $35.5 billion.
Marathon earnings, CPI and Fed speeches top week ahead
An Apple artificial intelligence event as well as earnings from Biogen, Cisco Systems and Marriott Hotels set the stage for a busy week on Wall Street.
West coast pipeline leak near Los Angeles has halted gasoline deliveries in several states
A pipeline leak near Los Angeles has shutdown deliveries of gasoline to some California cities and states including Nevada and Arizona
January rents had the smallest increase since May 2021
In January, median asking rent climbed 2.4%, which is the smallest increase since May 2021. It also marked the eighth consecutive month that rent growth has slowed, Redfin reported.
Mortgage rates tick up after weeks of decline
The Federal Reserve's continuing fight to rein in government spending and induced inflation is making all forms of borrowing more expensive, especially mortgages.
DeSantis ridicules Biden's off script oil and gas comments at State of the Union, slams energy policy
Florida Gov. Ron DeSantis mocked President Biden's statement at the State of the Union address Tuesday that the U.S. needs oil and gas production for the next decade.
Gas prices dip as economy recovers: AAA
Oil prices fell this week, according to a report by the AAA, but auto insurance remains high. Here’s how to lower your overall auto payments.
US trade deficit hit record in 2022
The trade deficit in goods and services was a seasonally adjusted $67.4 billion in December, the Commerce Department said Tuesday, up from a revised $61 billion in November.
Copper shortage gets real
A copper deficit might extend beyond 2023 as mining issues in the South American countries of Peru and South America threaten global supply.
California Gov. Newsom asks federal government to investigate high natural gas prices
California Gov. Gavin Newsom asked the Federal Energy Regulatory Commission on Monday to investigate unusually high natural gas prices in recent months.
Gas prices expected to continue to ease in near term: AAA
Gas prices are still higher than they were a year ago but they have been easing modestly. AAA spokesperson Andrew Gross said prices have steadily fallen every day over the past week,
January jobs report breakdown: Which industries are hiring the most workers?
The January jobs report showed that payrolls increased by 517,000 workers last month, faster than expected, as bars and restaurants hired more workers.
Shell posts highest profits in company history as oil, gas prices remain high following Ukraine invasion
Shell Global, along with ExxonMobil and Chevron, have announced profits in excess of double their FY 2021 totals thanks to high gas prices after sanctions on Russia.
Mortgage rates fall a fourth straight week to 6.09%
US mortgage rates declined for the fourth week in a row, a sign of relative stability that could open the door for some prospective homebuyers to get back in the market.
Jobless claims unexpectedly drop to lowest level in 9 months
Applications for U.S. unemployment benefits tumbled to a nine-month low last week even as the Federal Reserve tries to slow the economy and cool the labor market.
Job openings unexpectedly surge to 11 million in December
The Labor Department reported on Wednesday that there were 11 million job openings at the end of January, a sign the labor market remains extremely tight.
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.



















