The Treasury Department on Saturday said it would allow Chevron to resume pumping oil from Venezuela oil fields.
Why it matters: The license, granted by the Treasury Department, would allow the California-based oil company to pump Venezuelan oil for the first time in years in joint ventures with Venezuela's national oil company Petróleos de Venezuela (PdVSA.)
A record $9.12 billion was spent online for Black Friday, with electronics driving much of the growth compared to last year, according to new Adobe Analytics data.
Why it matters: These record-breaking sales happened amid rising concerns about inflation and the cost of living.