Retail Sales up 0.3% in February Amid Higher Prices
After beginning the year in a buying mood, Americans slowed their spending in February as prices for food, gasoline, toothpaste and just about everything else continue to rise.
After beginning the year in a buying mood, Americans slowed their spending in February as prices for food, gasoline, toothpaste and just about everything else continue to rise.
The European Union have slapped a new round of sanctions against Russia, seeking to deny oligarchs their love of luxury and block Russia from cashing in on its lucrative steel exports.
Wholesale inflation in the United States shot up 10% last month from a year earlier — another sign that inflationary pressures remain intense at all levels of the economy.
Stocks swayed lower on Wall Street Monday, crude oil prices fell and bond yields rose sharply as waves of market-moving forces crashed into each other.
A major California gas utility must pay a nearly $10 million fine and reimburse customers for money it improperly spent related to the development of more energy efficient building codes.
A decision by Twitter and Facebook to ban former President Donald Trump a year ago has prompted many conservative social media users to join new platforms that claim to offer a refuge from overzealous content moderation.
Americans are doing the main thing that drives the U.S. economy — spending — but accelerating inflation is casting a pall.
US GDP Slowed Sharply in Q3 but Big Rebound Expected in Q4
Ford Motor Co. is in talks with a computer chip maker GlobalFoundaries Inc. to shore up its semiconductor supplies as it tries to avoid factory shutdowns in the future.
Apple is letting some iPhone users fix their own phones, a sharp turnaround for a company that has long prohibited anyone except Apple-approved technicians from fiddling with its proprietary parts and software.