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Economy

Marvell CEO says Covid-19 outbreak in China disrupting technology supply chains

Semiconductor CEO Jim Kramer told CNBC Monday that the latest round of coronavirus restrictions in major Chinese cities will likely add to supply chain...
Economy

Oil briefly fell below $100 a barrel. This is good news for gas prices

Oil fell more than 8%, hitting a low of $99.76 a barrel. This means that oil has lost nearly a quarter of its value...
Economy

Stocks gain as oil tumbles, hopes Ukraine advances

A man wearing a protective mask, amid the outbreak of the coronavirus disease (COVID-19), walks through an electronic board displaying the Shanghai Composite Index,...
Economy

End of an era in Russia as sanctions dwindle and Western companies decline

The Iron Curtain, which had divided Eastern and Western Europe for decades, had just collapsed. Now the fast food chain loved by Americans and...
Economy

Uber is charging customers a new fuel fee for rides and deliveries

Citing record-high gasoline prices, which have been climbing for the 13th consecutive day since Russia began its war on Ukraine, Uber is charging customers...
Economy

Why this is the most reckless Fed ever, and what I think the Fed should do to reverse and mitigate the effects of policy...

The Fed's credibility shifted from fighting inflation under Volcker to creating wealth and inflation fighting under Powell. And everyone knows that. by Wolf Richter about...
Economy

MBTA removes Route 71, 73 trolleybuses from service

The network of wires dangling over Harvard Square in Cambridge won't be around for much longer, as the Massachusetts Bay Transportation Authority scraps electric-powered...
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