Business

Cooking oil, chicken and other kitchen staples are increasingly out of reach as fears of ‘demand destruction’ begin to materialize.

er of unemployed people per job opening hovered at record-low levels in February, a new sign of the difficulty employers face in hiring and retaining workers. 

President Joe Biden released his $5.8 trillion budget for fiscal year 2023 on Monday, including significant funding for the police, in an effort to set himself apart from progressives in his party who have advocated for defunding the police. Biden also called for more defense spending and a new minimum tax targeting the rich.

The European Union has announced a plan to phase out its dependence on Russian fossil fuels by 2030.

White House officials will reportedly zero in on American billionaires with a minimum tax when President Joe Biden announces his 2023 budget.

Easter is the latest holiday to be affected by inflation, as price surges and shortages of necessary raw materials hamper candy producers.

The Russian central bank said on Saturday that the Moscow Exchange will resume trading on Monday.

About seven in ten Americans say President Joe Biden’s economy “is in bad shape,” a Friday Associated Press-NORC poll revealed.

Smaller harvests loom from Argentina to Indonesia, and developing countries are bracing for higher food costs; ‘It’s like a scary movie’

BlackRock head Larry Fink said in a letter to shareholders that Russia’s invasion of Ukraine has put an end to globalization as it has been known for decades.