Joe Biden has turned up the heat on oil and gas companies in recent weeks as gas prices have shot up, with the national average climbing above $5 (£4.13) per gallon at one point last...
America has already slipped into a recession that could be as bad as the 2008 financial meltdown according to key consumer data, a Dartmouth College professor has warned. David Blanchflower, of Dartmouth, and Alex Bryson, of University...
The US housing market has plunged into a full-blown recession as tightened economic policy and surging expenses weigh on home builders. Builder confidence has plummeted for eight consecutive months, marking its worst stretch since the housing...
The last time the U.S. unemployment rate fell below 3%, as one Federal Reserve official has predicted it will this year, the Korean War was nearing its end and a recession that saw legions of...
At the outset of his presidency, Joe Biden promised competence by a bigger, better government. A few days ago, one of his loyal allies exposed a gross incompetence by federal officials on Biden’s watch that...
Ground beef and chicken breasts are more expensive than ever before and with all-time high prices that leave consumers with few alternatives some people may experience a meatless Memorial Day this upcoming Monday. Bloomberg reported that...
Stores across America have empty shelves thanks to a series in supply chain problems that are prolonging inflation and could stretch into the new year, with some retailers like Costco and Walmart limiting the amount...
High demand for groceries combined with soaring freight costs and Omicron-related labor shortages are creating a new round of backlogs at processed food and fresh produce companies, leading to empty supermarket shelves at major retailers...
The sign on the door says it all – “Exact change appreciated due to coin shortage.” No, it’s not the summer of 2020. Instead, one of last year’s quirky shortages is back. A statement from the Federal...
 A 5.9 magnitude earthquake with its epicentre in the sea off Taiwan's east coast rattled the island on Tuesday, the island's weather bureau said, with no immediate reports of damage. The quake briefly shook buildings in...