Money

Current price of oil as of April 22, 2026 thumbnail
The Business Economics

Current price of oil as of April 22, 2026

At 9 a.m. Eastern Time today, the price of oil sits at $101.14 per barrel, using Brent as the benchmark (we’ll explain what...

The $6 trillion reinvention: Why IT services firms must start underwriting outcomes thumbnail
The Business Economics

The $6 trillion reinvention: Why IT services firms must start underwriting outcomes

A financial analyst, a few years out of school, sits in front of four cloud terminals at a New York hedge fund, running...

Stephen and Ayesha Curry are coming for the sports drink market—and their kids were the first focus group thumbnail
The Business Economics

Stephen and Ayesha Curry are coming for the sports drink market—and their kids were the first focus group

Stephen and Ayesha Curry are globally famous and could probably get, well, pretty much anyone to pick up the phone. But when they...

At $5 billion startup Checkr new employees build an app using AI during onboarding—even the new CFO thumbnail
The Business Economics

At $5 billion startup Checkr new employees build an app using AI during onboarding—even the new CFO

Good morning. Checkr, used by businesses for an AI-powered background check service, has a new CFO ready to double down on AI in...

Brady bows out: West Ham vice-chair ends 16-year tenure as boardroom pressure mounts thumbnail
The Business Economics

Brady bows out: West Ham vice-chair ends 16-year tenure as boardroom pressure mounts

Baroness Karren Brady has stepped down as vice-chair of West Ham United, drawing the curtain on one of British football’s most enduring executive...

Unemployment dip flatters to deceive as SME hiring freezes amid Iran shock thumbnail
The Business Economics

Unemployment dip flatters to deceive as SME hiring freezes amid Iran shock

The unexpected drop in Britain’s unemployment rate to 4.9 per cent has been seized upon by Number 11 as evidence that the economy...

Bezos’s physical AI lab Prometheus nears $10bn raise at $38bn valuation thumbnail
The Business Economics

Bezos’s physical AI lab Prometheus nears $10bn raise at $38bn valuation

Jeff Bezos is on the cusp of sealing one of the most eye-watering early-stage fundraisings the artificial intelligence sector has yet produced, with...

Reeves tightens windfall tax on renewables as ministers move to sever gas-electricity link thumbnail
The Business Economics

Reeves tightens windfall tax on renewables as ministers move to sever gas-electricity link

Rachel Reeves has tightened the squeeze on renewable energy generators, raising the windfall tax on wind and solar producers from 45 per cent...

Barclays and Lloyds join FCA’s second AI sandbox as banks race to prove their tech credentials thumbnail
The Business Economics

Barclays and Lloyds join FCA’s second AI sandbox as banks race to prove their tech credentials

Barclays has been ushered into the second cohort of firms handpicked by the City watchdog for its artificial intelligence live testing scheme, as...

GRAI believes AI can make music more social, not replace artists thumbnail
The Business Economics

GRAI believes AI can make music more social, not replace artists

The Business Economic provides reliable, free, up-to-the-minute syndicated news to any media publication. The Business Economic is a network member of the Associated...