US wholesale inflation surprisingly strong — biggest jump in 14 months
US wholesale inflation rose a hotter-than-expected 0.7% in August — the biggest advance in 14 months. The Producer Price Index — a measure of what...
BP CEO Bernard Looney targeted in OnlyFans spoof ad
BP’s scandal-ridden CEO Bernard Looney was targeted by a human rights group months before his sudden resignation Tuesday after it was revealed the oil chief...
How PayPal bros ousted Elon Musk from CEO job, saved SpaceX
The “PayPal Mafia” that ousted Elon Musk as CEO of the peer-to-peer payments site also helped save his rocket-launching company SpaceX as it teetered on...
US incomes fall for third straight year as inflation rises
You aren’t just imagining it: Your paycheck didn’t go as far last year as it did the year before — or the year before that....
Delta, United must face class-action lawsuit over airfares
Delta Air Lines and United Airlines were ordered by a federal judge to face a consumer antitrust class action accusing major US carriers of conspiring to drive...
US inflation climbs 3.7% in August as gas prices surge
US inflation rose a surprisingly stiff 3.7% in August as prices at the gas pump surged, adding pressure on the Federal Reserve as it weighs...
USA Today publisher Gannett looks to hire Taylor Swift reporter
It’s all the news that’s Swift to print. Major newspaper publisher Gannett is hiring a “Taylor Swift reporter” who in the company’s wildest dreams would...
America’s biggest trading partner is now Mexico
Mexico has overtaken China as America’s biggest trading partner as the US looks to import goods closer to home and minimize its reliance on geopolitical...
BP CEO Bernard Looney resigns, relationships with colleagues reported
BP CEO Bernard Looney has stepped down after less than four years in office following several allegations of personal relationships with colleagues, the company said in a...
Goldman Sachs CEO David Solomon warns of persistent inflation
Goldman Sachs CEO David Solomon said the US economy is likely to avoid a significant recession, but warned inflation is likely to be more persistent than market...