Business

Inflation unexpectedly accelerated in August, as shortages of a wide range of consumer goods and services drove up prices.

The Senate passed an emergency funding bill that will keep the federal government operating past a Thursday deadline.

Surging oil prices 'one of the biggest drivers'

The Tesla CEO said that the current US administration is a “little biased or something.”

On Monday, Elon Musk became the third person ever to amass a fortune worth $200 billion, according to Forbes, surpassing Amazon founder and rival space billionaire Jeff Bezos in the process. Reached for comment by Forbes, Musk took a celebratory crack at Bezos.

Oil prices on Tuesday hit a near-three-year high amid energy supply shortages, the Wall Street Journal reported.

“It’s going to cost nothing,” President Biden said of the Democrats’ massive $3.5 trillion spending binge, which House Speaker Nancy Pelosi is scrambling to pass this week.

President Biden’s big government legislative agenda will kill 5.3 million jobs and generate $4.5 trillion in debt, according to a Monday study by the Texas Public Policy Foundation.

"The accused arsonist, an 18-year-old male Mexican national, was arrested for illegal entry into the United States, and transported to the El Centro Sector Processing Center (CPC)"

The Delta variant is keeping more companies cautious about how to invest the mountains of cash they have at their disposal. That hesitancy has led, in part, to corporate spending on stock buybacks outpacing capital expenditures this year.