Hive ransomware was seized after a joint US-German law enforcement crackdown. This stopped $130 million in demands for payment from more than 1,500 victims around the world, according to law enforcement authorities.
The U.S. economy ended the year on a strong note in 2022, despite concerns that growth may slow down in the coming year. While there are some uncertainties about the future, the overall outlook remains positive. With continued effort and cooperation, the economy is expected to maintain its momentum and continue to grow.
Last year was a big year for the transition to clean energy.
Reliance Industries, India's most valuable company, is in the midst of a transformation - its fourth this century.
NextEra Energy Inc. shares fell sharply after the company announced that the head of its Florida utility was retiring.
U.S. stock indexes were mixed on Tuesday morning as a number of major companies reported earnings.
The unexpectedly upbeat surveys suggest that while the global economy could slow this year under pressure from high prices and interest rates, a recession appears less likely thanks to the receding threat of energy shortages in Europe and China’s postpandemic reopening. These positive developments suggest that the global economy may be able to weather the challenges it faces in the coming year.
Some economists and bond-market participants believe that the Federal Reserve's quantitative-tightening program could be cut short if US politicians cannot agree on raising the national debt limit. This disagreement could have serious consequences for the US economy.