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Microsoft is laying off up to 9,000 workers, or around 4% of its global workforce. Global vehicle sales fall 13.5% as the electric- vehicle maker struggles to reverse months of declining sales.
Privately run businesses reduced jobs in June for the first time in more than two years, ADP said, as ongoing U.S. trade wars created a "hesitancy to hire and a reluctance to replace departing workers ...
Major Wall Street banks modestly lifted their oil-price forecasts after geopolitical risks flared in the Middle East, but concerns over a global supply glut and uncertain demand prospects continue to ...
Crude imports increased by 976,000 barrels a day to 6.9 million barrels, while exports fell by almost 2 million barrels a day to 2.3 million barrels a day. The EIA estimated U.S. crude oil production ...
Economists are skeptical that tariffs are the best way to achieve the stated goals of reshoring production, reducing the trade deficit, serving as leverage with nations in various negotiations, and ...
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