According to official government data, in 2022, Government Pension Fund Global, Norway’s sovereign wealth fund, suffered a record loss of 1.64 trillion kroner ($164.4 billion). According to the figures, the…

On Tuesday, citing people familiar with the matter, Reuters reported that the US government has ceased approving licenses allowing American companies to export items to Chinese tech firm Huawei. One…

On Tuesday, US oil major ExxonMobil disclosed it had earned $55.7 billion in profits in 2022. It marked a new high for Exxon, with the previous record being $45.2 billion…

Former White House official Paul Craig Roberts is warning that as more nations all over the globe move away from using the dollar in energy trade, the consequences for the…

On Tuesday, market researcher Kantar released new data which showed that in the UK, food inflation skyrocketed to a new high of 16.7% over the four weeks of January, with…

Analysts looking at the biggest selloff in three months for China’s Alibaba Group Holding Ltd. are beginning to worry it may be a sign that investors feel China’s consumer recovery…

In a new client note, JP Morgan analyst Ryan Brinkman argues that Tesla stock has risen too fast, given numerous uncertainties surrounding the business decisions being made, and investors should…

In an effort to create a more integrated business model combining linear television and streaming to more effectively compete in the crowded streaming sector, Paramount (PARA) has announced it will…

Southwest Airlines (LUV) was forced to take an $800 million pre-tax hit on earnings due to the computer system glitch which caused the recent holiday travel meltdown, causing the airline…

In a move widely seen as an answer to the price cuts put in place by Tesla earlier this month, Ford (F) is slashing the prices and ramping up production…