Business

Tesla (TSLA.O) CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of salaried staff at the electric carmaker, he said in emails seen by Reuters.

Projections show prices likely to continue rising.

Data on the market supply of baby formula reveals the shortage is getting worse, especially in the south and southwest United States, with low-income families suffering most.

Lack of access to in-person health care credited.

Drivers across the United States are feeling the record surge in gas prices that impact the nation’s entire population.

The United States has become India’s top trading partner, ousting China from the spot and further cementing U.S. business ties with the South Asian superpower.

Inflation is plaguing American households amid the recovery from COVID-19 and the lockdown-induced recession. On Memorial Day — more than two years after the onset of COVID-19 — rising price levels are still making Americans’ wallets much lighter.

Demand for bulletproof backpacks soars (again) after the elementary school mass shooting in Uvalde, Texas. Over the years, mass shooting incidents at schools have increased sales for companies that manufacture bulletproof gear.

New Jersey and Florida were the biggest beneficiaries of New York’s exodus.

The nationwide average cost of a gallon of unleaded gasoline has surged to $4.61, a new record. Experts believe that the average cost could...