Prices

The Biden administration said Friday it would resume plans for oil and gas drilling on federal lands and waters after an appeals court ruled to allow the use of an approximately fivefold higher “social cost of carbon” value in evaluating permits, according to reports.

Inflation may be hitting new 40-year highs, but less than a quarter of U.S. organizations say they are revising their salary budgets due to inflation.

Rep. Frank Pallone, D-N.J., chairman of the Energy and Commerce Committee, is asking executives from six oil companies to testify about surging gas prices.

Officials from the administrations of presidents Joe Biden and Andres Manuel Lopez Obrador in recent days discussed their concern about the impact that rising food and energy prices will have on the region

Federal Reserve increases key benchmark rate by 25-basis points

A slight majority of Americans — 52 percent — don’t expect President Biden to run for re-election in 2024, citing his age, feeble favorability ratings and his response to inflation and rising prices, according to a survey released Tuesday.

With sharply rising gasoline prices come nefarious methods criminals use to avoid the pain at the pump.

The Biden administration has asked TikTok stars to publish content blaming Vladimir Putin for the rising gas prices in the United States.

New Yorkers are done with high taxes and Democratic leadership, and around 4 in 10 are looking for a way out of the state.

Pfizer CEO Albert Bourla on Sunday said the vaccine maker plans to submit data on a fourth dose of its COVID-19 vaccine to the U.S. Food and Drug Administration because protection after three doses is “not that good against infections” and “doesn’t last very long” when faced with a variant like Omicron.