Private-sector employers added 109,000 jobs in April —more than expected, and nearly double what employers added in March, according to the latest report by payroll processor ADP.
Catherine Wolfram, professor of energy economics at MIT Sloan School of Management, talks about how demand destruction actually helps balance the oil market.
As exports of oil and liquified natural gas surge through the Port of Corpus Christi, officials warn the city’s water shortage could stall growth and cost jobs.
Disney+ and Hulu boosted revenues by almost 90% over the last year, and Netflix raised prices twice in just over a year. Consumers are still subscribing.