Hedging losses drag down Exxon, Chevron profits despite oil price surge

Profit for the two largest oil companies in the U.S. tumbled during the first...

Fed holds steady on interest rates but cracks are showing

The Federal Reserve left its benchmark interest rate unchanged for the third straight meeting...

Tariffs 2.0: Trump rebuilds after Supreme Court takedown

When the Supreme Court killed his favorite tariffs in February, President Donald Trump promptly...

From jet fuel to chewing gum, oil surge drives broader price pressure

It might be hard to imagine the Iran war weighing on stuffed toys with...

Tariff refund portal opens Monday, but getting paid won’t be simple

A refund system for businesses that paid tariffs that the U.S. Supreme Court has...

Facing pressure from Anthropic, ChatGPT shifts focus to business users

The same ChatGPT chatbot that gave OpenAI Chief Financial Officer Sarah Friar a tilapia...

Tax Day arrives as millions of Americans take advantage of new deductions

It’s Tax Day, the deadline for most Americans to file taxes, and the Trump...

Top banks see US economy as resilient but warn of rising energy costs

The nation’s biggest banks posted another quarter of strong profits, helped by a resilient...

Trump faces housing bind: Affordability vs. rising values

White House economists estimate the U.S. has a shortage of 10 million houses, according...

Surge in gasoline prices fuels biggest monthly inflation spike in four years

The largest monthly jump in gas prices in six decades caused a sharp spike...