Oil prices also pivoted lower today, with U.S. sanctions against Russia set to go into effect tomorrow but rumors of a ceasefire still rampant. December-dated West Texas Intermediate (WTI) crude fell ...

U.S. employers announced 153,074 job cuts in October – the worst October since 2003 – and headlines rushed to blame AI. Fair question: were the recent layoffs really caused by AI? Mostly, no.

U. S. employers announced 153,074 job cuts in October – the worst October since 2003 – and headlines rushed to blame AI.

• The Federal Reserve said Wednesday it is lowering its benchmark interest rate by a quarter point, but offered no clear outlook for its next decision, due in December. • Central bank officials have ...

The Bank of Russia continued its cycle of key interest-rate cuts even as Ukrainian attacks on refineries and a looming tax increase stoke inflation risks. The central bank lowered borrowing costs by ...