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Biden Promises ‘No More Drilling’ After Recently Approving More Drilling

President Biden promised "no more drilling" after a climate change protester confronted him about drilling oil Sunday.

U.S. Oil Producers Enjoy Most Profitable Six Months Ever

They reaped a windfall of hundreds of billions of dollars since February, according to the report.

Twitter Bans Kathy Griffin and Others as It Enforces Rules Against ‘Impersonation’

The accounts were impersonating new Twitter owner Elon Musk.

Starbucks Plans to Tap Young, Wealthy Customers to Weather Recession

Starbucks Corp. topped Wall Street estimates for quarterly comparable sales and profits on Thursday, saying it will weather any coming recession by selling customized cold...

US Economy Added 261,000 New Jobs in October as Hiring Stays Strong

The U.S. economy added 261,000 new jobs in October, down from the upwardly revised 315,000 in September, according to the Bureau of Labor Statistics...

Elon Musk Says Twitter Revenue Declining Despite No Changes to Censorship Policies

Twitter owner Elon Musk said the social media company’s revenue is declining because of skittish advertisers, despite the tech platform making zero changes to its censorship policies.

BlackRock Makes Major Change After Backlash Against Woke Investing

BlackRock CEO Larry Fink said in a letter that his asset management company would extend choice in proxy voting to more large-scale investors.

Elon Musk to Fire Half of Twitter Employees

Layoffs are said to be an effort to cut costs.

Facebook Stock Down 70%, Company Out $800 Billion In Market Cap

Facebook's stock is down 70% from its original value at the beginning of 2022, now worth roughly $90 dollars.

Fed Hikes Interest Rates 0.75% As It Struggles Against Highest Inflation in Decades

The Federal Reserve launched another sortie against the fastest inflation in four decades on Wednesday, approving the fourth straight supersized rate increase and signaling more increases were likely in the months ahead.

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