What keeps driving inflation so high? The answer, it seems, is nearly everything . Supply chain snarls and parts shortages inflated the cost of factory goods when the economy rocketed Continue Reading
Barges were lined up along the Mississippi River earlier this week near Greenville, Miss. VICKSBURG, Miss.—Sections of the Mississippi River are approaching low water levels not seen in more than Continue Reading
Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. U.S. refiners have been bracing themselves Continue Reading
The number of total active drilling rigs in the United States rose by 7 this week, according to new data from Baker Hughes published on Friday. The total rig count Continue Reading
If it seems like your energy bills have fell victim to price creep, you’re right. Data from the U.S. Bureau of Labor Statistics and the Energy Information Administration suggest that Continue Reading
Tesla Cites Shipping Issues as Deliveries Disappoint Tesla Inc. shares tumbled about 50% from their all-time high, amid a broader selloff in the US stock market that has hit growth Continue Reading
A new joint venture formed by Japan’s Sony Group Corp (6758.T) and Honda Motor (7267.T) plans to introduce a premium electric vehicle later this decade, and the automaker’s U.S. dealers Continue Reading
U.S. President Joe Biden said on Thursday that U.S. gasoline prices remain too high and that he will have more to say about lowering the cost next week. A federal Continue Reading
U.S. mortgage rates jumped to their highest level in more than two decades. The average 30-year fixed mortgage rate hit 6.92% this week, according to a survey of lenders released Continue Reading
Prices continued to climb at a brutally rapid pace in September, with a key inflation index increasing at the fastest pace in 40 years, bad news for the Federal Reserve Continue Reading
