BP reports bumper first-quarter net profit, but posts massive loss on hit from Russia exit
BP announced a further $2.5 billion in share buybacks as it reported its highest first-quarter profit in more than a decade.
Burger King parent earnings beat estimates as revenue climbs 15%
Restaurant Brands International reported results that beat expectations, fueled by strong same-store sales growth from Burger King's overseas restaurants.
Pfizer cuts 2022 earnings outlook despite strong first-quarter Covid vaccine and antiviral sales
Pfizer said it sold $13.2 billion of its Covid vaccine and $1.5 billion of its antiviral treatment Paxlovid.
The Federal Reserve’s fight with inflation could cool the hot labor market, risking stagflation
Prices are rising as the Fed winds down a historic round of stimulus. This tightening cycle could slow jobs growth as global markets ride a...
Fears of a Fed mistake grow as this week’s anticipated interest rate hike looms
The Federal Reserve is tasked with slowing the U.S. economy enough to control inflation but not so much that it tips into recession.
Job openings and the level of people quitting their jobs reached records in March
Employment openings exceeded the level of available workers by 5.6 million in March while a record number of people quit their jobs.
Four tips for managing an unexpected increase in money
Kristen Heaton sold her $15 million hairbrush brand Crave Naturals for seven figures. Here's her advice for how to manage new wealth and get the...
Nearly risk-free I bonds to deliver a record 9.62% interest for the next six months
Inflation-protected I bonds, a nearly risk-free asset, will pay 9.62% annual interest for the next six months. Here’s what to know before buying.
Greenwich estate owner will accept bitcoin or Ethereum cryptocurrency as payment for $6.5 million property
The agent for the Greenwich property said it is the first time a Greenwich residence could be sold for cryptocurrency like bitcoin or Ethereum.