Shell announced plans to slash 6,500 jobs amid a slump in oil prices that has sent a wave of job cuts rippling through the industry.
Ukraine and a group of its bondholders moved closer to deal over $19 billion in debt after creditors agreed to take a small reduction in the face value of their holdings.
Whiting Petroleum’s capitulation suggests oil price rallies will be capped in 2016.
High-level talks to wrap up a 12-nation Pacific trade pact have put one set of Hawaii’s locals on edge: Maui’s sugar cane operation, which is concerned that U.S. concessions to growers in other countries could hurt its business model.
The Federal Reserve kept rates near zero but cited progress in the U.S. job market, a sign it remains on course to raise interest rates in September or later this year.
As Facebook grows off a huge base, it is getting expensive.
The Federal Reserve is trying to balance the outlook for jobs and inflation as it considers a rate increase. China’s market turmoil could weigh on its deliberations.
The cost of renting a home is rising faster than wages across wide swaths of the country, a problem that has become especially acute in the past year, putting a big squeeze on many household budgets.
An ETF-type bitcoin investment, full of risks, is struggling for acceptance.
Experts answer more questions from readers about saving and paying for college.