U.S. Economy

Procter & Gamble Co. is set to raise prices across the board to combat broad-based and sustained inflationary pressures.

Forbes has released its 40th annual list of the 400 wealthiest people across the world and the majority are Americans.

United Airlines announced Thursday that it would fly its biggest domestic schedule since the beginning of the COVID-19 pandemic.

It reportedly took oil workers more than three hours to shut down the pipeline that spilled as many as 144,000 gallons of crude oil off the coast of Huntington Beach, California over the weekend.

Millions of acres have been burned this year as wildfires tore through the U.S. West, setting hundreds of structures ablaze and forcing evacuations.

Forecasters expect that September sales fell around 25% from last year as chip shortages and other parts-supply disruptions cut into the selection on dealer lots and raised prices once again to record levels. That sent many frustrated consumers to the sidelines to wait out a shortage that has hobbled the industry since late last year.

Mortgage applications turned lower last week as Treasury yields spiked following last week’s FOMC meeting.

Senate Majority Leader Chuck Schumer says Democrats are prepared to raise the debt ceiling on their own if they can do so with a simple majority.

Treasury Secretary Janet Yellen told Congress that the Treasury would be unable to pay all of the government’s bills if lawmakers don’t raise the federal borrowing limit by Oct. 18.

More than 100,000 customers were without power in Texas and Louisiana on Thursday morning as now post-Tropical Cyclone Nicholas moved near the coastline.

Amtrak canceled all service between Washington D.C. and Boston on Thursday due to impacts from heavy rainfall and flooding associated with the remnants of Hurricane Ida.

Power was restored for some customers in Eastern New Orleans on Wednesday as residents struggled to find food and clean drinking water amidst sweltering heat.

Known as a pristine tourist destination, Lake Tahoe is almost unrecognizable under the heavy, grey shroud of wildfire smoke.

The U.S. Centers for Disease Control and Prevention (CDC) and U.S. State Department warned on Monday against travel to Turkey because of a rising number of COVID-19 cases in that nation but eased its advisories for India.

The number of job postings in the U.S. and Canada requiring potential employees to be vaccinated for the coronavirus has skyrocketed since the beginning of the year.

The extended Centers for Disease Control and Prevention eviction ban could prolong the problems tenants and landlords have already faced amid the COVID-19 pandemic.

As the COVID-19 pandemic raged over the last year, California's almond industry has thrived.

The July jobs report will give lawmakers a read on the strength of the U.S. economy as COVID-19 cases climb and multitrillion spending plans make their way through Congress, and at least one influential member of the GOP is concerned about the recovery.

Buried in the 2,702-page bipartisan infrastructure plan that senators could pass as soon as this week is $1 billion in funding for a commission run by the wife of Sen. Joe Manchin, one of the key Democratic negotiators.

One of the most important signals of future inflation has begun to ease in the past month, a development that should reassure the Federal Reserve in its prediction that the recent inflation surge will prove largely temporary.