Business

The three major stock indexes in the United States ended the month with significant losses as the Nasdaq Composite finished its worst month since October 2008....Read More

An increase in crude oil prices led to renewed pain at the gas pump for many U.S. residents despite a slight drop in demand, according to automotive club AAA on Thursday....Read More

Two of the world’s largest oil producers said in earnings reports on Friday that they made almost $12 billion in profits during the first three months of 2022 — a time period when U.S. gas prices...

California Attorney General Rob Bonta on Thursday subpoenaed ExxonMobil as part of an investigation into the role fossil fuel and petrochemical companies played in global plastics pollution....Read More

Rep. Marjorie Taylor Greene, R-Ga., introduced a bill Thursday to eliminate Section 230, a law that protects online platforms from liability for content posted by third parties....Read More

A 15-carat blue diamond found in South Africa last year — the largest diamond of that color ever put up for auction — has sold for close to $60 million, blowing past even the top-end estimates...

The Commerce Department announced on Thursday that the U.S. economy shrank by 1.4% during the first three months of 2022 — a contraction that took economists by surprise, given the strong growth seen throughout 2021....Read More

U.S. markets closed flat on Wednesday as Facebook parent Meta posted mixed earnings including a boost in daily active users....Read More

President Joe Biden will visit Lockheed Martin plant next Tuesday, May 3 to view Javelin anti-tank missiles being supplied to Ukraine in its war against Russia....Read More

Federal regulators said on Wednesday that it’s charged a Wall Street investors with securities and wire fraud in a racketeering conspiracy that they say included lying to other Wall Street firms....Read More