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Business

Lawmakers Sound Alarm on Shrinking Middle Class as Inflation Hits a High

American Faith -
House lawmakers are mulling the future of the middle class, as economic challenges and inflation continue to burden Americans.
Business

Amazon to Charge Merchants 5% Surcharge for Fulfillment Services as Fuel Costs Rise

American Faith -
Amazon.com Inc. on Wednesday said it will impose an average 5% fuel and inflation surcharge on merchants to warehouse and ship their products in the United States, in response to rising costs.
Business

U.S. Inflation Hits 8.5% Under Biden: Highest Since 1981

American Faith -
Gas prices rocket 48% in past 12 months.
Business

Musk Can Buy More Twitter Stock Now That He’s Not on the Company’s Board Anymore

American Faith -
With the rejection, Musk, who is now the company's biggest shareholder, is free to raise his stake above that limit.
Business

White House Expects Inflation to Be ‘Extraordinarily Elevated’ in March Report

American Faith -
The Biden Administration painted a bleak outlook for Tuesday’s much anticipated consumer inflation report.
Business

To Compete With China, the U.S. Needs More Entrepreneurs

American Faith -
Entrepreneurs grease the wheels of economic growth.
Business

Hungary Says It’s Ready to Pay for Russian Gas in Rubles

American Faith -
The switch to seller’s national currency does not violate EU sanctions, foreign minister says
Business

Russia Halts Plan to Nationalize Foreign Firms

American Faith -
Companies continue to pay leases and salaries to employees in the country as many plan to return.
Business

‘Shocking’ National Baby Formula Shortage Forces Rationing at Major Retail Chain

American Faith -
There is a national shortage of baby formula, which has forced a large retail chain to impose rationing on the important product for infants.
Business

Days After Becoming Twitter ‘s Largest Shareholder, Elon Musk Publicly Muses: ‘Is Twitter Dying?’

American Faith -
Elon Musk on Saturday openly mused about whether or not Twitter is "dying" due to its apparently low popularity among major celebrities. 
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