Job growth fell short of expectations in September as efforts by the Federal Reserve to slow inflation took their toll on hiring, the Labor Department reported Friday.
Category Archives: business
Judge agrees to postpone the coming trial between Twitter and Elon Musk so they can work out a deal
A Delaware judge has agreed to stay the coming trial between Elon Musk and Twitter so the two sides can work out a deal for Musk to acquire the social media
Peloton slashing 500 more jobs as it races to return to growth
Peloton is cutting another 500 jobs in a move that CEO Barry McCarthy said should position the struggling fitness equipment maker to return to growth.
New car prices may soon start coming down
New car prices may finally start declining in the coming months — but don’t expect to pay much less on a monthly basis due to higher interest rates. “To our
OPEC will cut production by 2 million barrels a day, likely sending gas and oil prices back up
The OPEC+ alliance announced Wednesday that it will cut oil production by 2 million barrels a day, a move that’s likely to send gas prices higher again after a
Mortgage applications plummet 14% as higher interest rates and Hurricane Ian crush demand
The highest mortgage rates in more than 20 years coincided with one of the deadliest hurricanes on record in the United States, both contributing to a steep drop in mortgage demand.
Elon Musk tells Twitter he'll go forward with acquisition if lawsuit stops
Elon Musk wants to buy Twitter at $54.20 per share, according to a proposal he made to the social platform. The issue included a lawsuit scheduled for trial later this month.
Russian court fines TikTok for not deleting LGBTQ content
A Russian court on Tuesday fined TikTok for failing to delete LGBTQ material, the country’s latest crackdown on Big Tech companies.
Why Kim Kardashian was charged by the SEC
Kardashian paid over $1.2 million to the SEC after she promoted a cryptocurrency token called EthereumMax.
Judge agrees to delay Elizabeth Holmes’ sentencing over prosecutor misconduct concerns
The judge in Elizabeth Holmes’ criminal case has agreed to delay sentencing the former Theranos executive to consider whether federal prosecutors committed misconduct.