Latest Stocks, Business and Gas Tax News: Live Updates
The Yang Mei Hu oil products tanker moored at a crude oil terminal in Nakhodka, Russia, this month.Credit…Tatiana Meel/Reuters A surge in demand from Asia for discounted Russian oil is making up for the sharply lower number of barrels being sold to Europe, dulling the effects of the West’s efforts to punish Moscow over its invasion More...
When Customers Say Their Money Was Stolen on Zelle, Banks Often Refuse to Pay
Argelys Oriach was on his way home from a shopping trip one evening in March when he was robbed at gunpoint. The thief demanded his iPhone and passcode. Mr. Oriach turned them over and fled. The next morning, More...
Red Flags for Forced Labor Found in China’s Car Battery Supply Chain
The photograph on the mining conglomerate’s social media account showed 70 ethnic Uyghur workers standing at attention under the flag of the People’s Republic of China. It was March 2020 and the recruits More...
Tracking the Fear Index on Wall Street
Wall of worry The U.S. stock market, as measured by the S&P 500, tumbled more than 3 percent yesterday, dragging it deeper into bear market territory. This morning, futures markets suggest there will be More...
How Can You Travel for $100 or Less a Day? Get a Cruise Deal.
Cruise lines would like to see booking windows expand again and some are incentivizing it. Virgin Voyages, which operates in the Caribbean and Mediterranean, is offering 10 percent off bookings made 180 days More...
Apple Workers at Maryland Store Vote to Unionize, a First in the U.S.
Apple employees at a Baltimore-area store have voted to unionize, making it the first of the company’s 270-plus stores in the United States to join a trend in labor organizing sweeping through retailers, More...
Bitcoin Plummets Below $20,000 for First Time Since Late 2020
Square, another payments company, bought $50 million of Bitcoin and changed its name to Block, in part to signify its work with blockchain technology. Tesla bought $1.5 billion of it. The venture capital firm More...
Ex-Amazon Worker Convicted in Capital One Hacking
A former Amazon engineer who was accused of stealing customers’ personal information from Capital One in one of the largest breaches in the United States was found guilty of wire fraud and hacking charges More...
Inflation Expected to Remain High Even as Economy Slows and Layoffs Rise
“The hunger of children is not a necessary cost to pay to bring down inflation,” Ms. Ananat, of Barnard, said. Republicans, meanwhile, have blamed the Biden administration — and in particular, the $1.9 More...
Stock Markets Fall After Fed Rally Fades
Such grim forecasts offer the possibility that the economy could end up shrinking this quarter for the second time in a row — a common, though unofficial, definition of a recession. The National Bureau of More...