Economics

The oil industry is shelling out billions of dollars in a series of acquisitions in the Permian Basin, the hottest oilfield in the world.

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The median pay for chief executives of the 100 most valuable companies on the London Stock Exchange increased 11% last year to £3.9 million ($5 million). Workers got a 2% hike.

Oil refineries in the United States are running full tilt to meet insatiable demand for gasoline and diesel at home and overseas.

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Fort Myers, Florida, was ground zero for the mortgage crisis during the recession. Since then, it’s recovered and construction is booming again — to the point where people are worried that another housing meltdown might be around the corner.

Corporate America is experiencing runaway growth thanks to tax cuts and a booming economy.

Turkish citizens hoping for relief may be left disappointed as tensions between Turkey and the United States continue to escalate.

China has announced that it will hit $16 billion worth of imports from the United States with 25% tariffs.

Companies are contracting directly with health care providers and offering more digital care in order to keep costs under control, a new study has found.