Diesel prices have spiraled out of control in energy markets this year. According to the American Automobile Association (AAA), a gallon of diesel is $5.554, up ...

For the first time since 2020, the S&P 500 Index has fallen into a bear market as investors’ recession fears continue to mount. The S&P 500, ...

Billionaire Jeff Bezos and the White House are engaging in a war of words over inflation and tax policy. After President Joe Biden claimed on Twitter ...

Twitter shares tumbled again after Elon Musk said that his $44 billion purchase of the social media platform “cannot move forward” until there is more clarity on ...

Twitter (TWTR) shares pared some of their early morning losses after Elon Musk posted a message on Twitter that he is “still committed” to buying the ...

The baby formula shortage is intensifying in the United States, according to new Datasembly numbers. The retail information provider reported that out-of-stock (OOS) rates continue to ...

Retail diesel prices hit a fresh record high of $5.557 per gallon on Thursday, according to the American Automobile Association (AAA). The cost of a gallon ...

Total U.S. household debt surged to a fresh all-time high of nearly $16 trillion to kick off 2022, the latest Federal Reserve Bank of New York ...

The U.S. annual inflation rate slowed marginally to 8.3 percent in April, higher than the market forecast of 8.1 percent. This is the first time the ...

The U.S. economy added 428,000 jobs in April, topping the market forecast of 391,000, according to the Bureau of Labor Statistics (BLS). The unemployment rate was ...

President Joe Biden’s $1.9 trillion American Rescue Plan did contribute to inflation, Treasury Secretary Janet Yellen conceded on Wednesday. Speaking in an interview with Matt Murray, ...

The Chinese Communist Party (CCP) is using the United States’ free and open media platforms to spread state propaganda and misinformation, according to U.S. Secretary of ...

The Federal Reserve raised interest rates by the most since 2000 on Wednesday as part of efforts to fight 40-year-high inflation. Officials serving on the Federal ...

The U.S. economy contracted 1.4 percent in the first quarter, new Bureau of Economic Analysis (BEA) data show. The market had forecast growth of 1.1 percent. ...

Several new developments have been revealed after Twitter accepted Elon Musk’s $44 billion takeover proposal Monday. According to a Securities and Exchange Commission (SEC) filing that ...

Twitter’s board of directors has approved Elon Musk’s offer to purchase the social media firm and take it private in a transaction valued at about $44 ...

Waning optimism over global economic growth prospects and rising stagflation fears have prompted investors to seek shelter in investment hedges. Earlier this month, the Bank of ...

During Tesla’s first-quarter 2022 earnings call on Wednesday, Billionaire Elon Musk noted that “the official numbers actually understate the true magnitude of inflation,” citing some suppliers ...

The White House prepared the American people for “extraordinarily elevated” inflation ahead of the key March data, describing 40-year high inflation as “Putin’s price hike.” The ...

The U.S. annual inflation rate surged 8.5 percent in March, topping the market estimate of 8.4 percent, the latest Bureau of Labor Statistics (BLS) data show. ...

The Federal Reserve plans to shrink the balance sheet by $95 billion a month, minutes from the March Federal Open Market Committee (FOMC) policy meeting revealed ...

The U.S. economy added 431,000 new jobs in March, falling short of the market estimate of 490,000, according to new data from the Bureau of Labor ...

The U.S. annual inflation rate surged to 7.9 percent in February, matching the market estimate, new data show. In February, the core inflation rate, which strips ...

The Federal Reserve is ready to raise interest rates and shrink the nearly $9 trillion balance sheet, minutes from last month’s Federal Open Market Committee (FOMC) ...

The U.S. economy added 467,000 new jobs in January, topping the market estimate of 150,000, new Bureau of Labor Statistics (BLS) data show. The unemployment rate ...

The world is turning the page on 2021 and welcoming 2022, leading to an assessment of the last 12 months and looking ahead to the next ...

The Federal Reserve announced that it will end its aggressive pandemic-era stimulus sooner than expected. The central bank will speed up its tapering of bond purchases, bringing the monthly ...

A growing number of U.S. retailers are ringing alarm bells on organized looting that is gripping many major urban markets across the country. Best Buy reported ...

JPMorgan Chase CEO Jamie Dimon said on Wednesday that he regrets making a joke that the Wall Street institution would last longer than the Chinese Communist ...

The Organization of the Petroleum Exporting Countries (OPEC) and its crude-producing allies, OPEC+, agreed to maintain their production plan, despite calls from other countries to increase ...