Bloomberg Business

Oil rose for the fourth straight week, supported by signs of a tightening global market that have the International Energy Agency warning of higher prices ahead.

A senior International Monetary Fund official suggested on Friday that the Federal Reserve alter its monetary policy framework to reflect a world of more frequent supply shocks and a greater risk of elevated inflation.

The US government is struggling to explain how a 21-year-old man in a junior post was in a position to allegedly access and leak a massive trove of classified documents related to the Ukraine conflict and other matters. Jack Teixeira, a cyber specialist for the US Air Force National Guard, made his initial court appearance Friday in Boston federal court.

Governor Tiff Macklem said the Bank of Canada is prepared to end quantitative tightening earlier than planned in the event it needs to stimulate the economy.

DePaul University is facing financial pressure after the pandemic intensified declining enrollment and widened the Chicago private school’s budget gap.

European Central Bank Governing Council member Joachim Nagel said it’s definitely too early to call time on the euro zone’s most aggressive bout of monetary tightening.

Apple Inc. is ramping up testing of fresh Macs with processors on par with the current M2 chip, making headway on key new machines that could help reverse a sales decline.

Should Americans lose access to mifepristone, it would further ostracize young voters, independents and suburban women, who Republicans must win over.

Societe Generale SA bankers who earned more than €1 million ($1.1 million) increased by almost a third in 2022, reflecting higher variable pay after volatility boosted performance.