It looks as if Twitter will sell itself to Elon Musk for US$43 billion, which would make the deal one of the largest leveraged buyouts in Wall Street history and give Tesla’s steward a powerful social media perch.

Easter 2022 arrives this week with its usual egg-hunting and chocolate-bunny traditions, but also with some bitter new realities.

The disruptions of the COVID pandemic have prompted workers to reconsider how they can be most productive and forced companies to revisit some long-held beliefs. A few organizations are floating a new possibility: a four-day workweek.

OPINION: In oil markets, the U.S. Strategic Petroleum Reserve has a reputation a little like the one the Russian armed forces used to have — vast and fearsome, a rival you’d be unwise to tangle with.

OPINION: The Fed’s application of its framework has left it behind the curve in controlling inflation. This, in turn, has made a hard landing virtually inevitable, writes economist Bill Dudley.

The Fed risks slipping further into a no-win interaction with markets that is more familiar to developing countries than to a systemically important central bank — let alone the world’s most powerful one.

Consultant Oliver Wyman’s report estimates the industry generated US$61 billion in profit last year. This year traders have asked for help amid crushing volatility.

OPINION: Jerome Powell believes that the Fed can raise interest rates enough to get raging inflation under control without forcing the economy into a recession. The odds that he can pull that off are getting longer by the day.

President Vladimir Putin’s regime has been accused of corruption for years by campaigners and investigative journalists. The U.S. Treasury said it officially on Monday, directly calling Putin’s regime a kleptocracy.