Tech giant Meta Platforms has signalled that more layoffs could be on the way, even as it prepares to cut around 10% of its global workforce on May 20. The company is expected to lay off nearly 8,000 employees in what will be one of its biggest job cuts in recent years. However, internal discussions...

The S&P 500, managed by S&P Global Dow Jones Indices, on Thursday, announced it was beginning consultation on rule changes that could potentially help Elon Musk-led SpaceX gain an expedited entry into the index. S&P 500 Rule Changes The rule changes include letting IPOs enter the index six months after their debut on an eligible...

The current shock to energy markets is lasting much longer than expected. The United States is tussling with Iran -- both physically and through negotiations -- to work out the situation in the Strait of Hormuz and keep energy products flowing to the global economy. Both countries have disrupted the flow of oil to try...