The flow of natural gas through a key Russian-controlled pipeline suddenly stopped Wednesday as tensions continue to increase between Russia and the West. The Yamal-Europe pipeline’s liquified natural gas (LNG)…
By Julie Steenhuysen CHICAGO – The highly transmissible Omicron variant of the SARS-CoV-2 virus – the most common form of which is known as BA.1 – now accounts for nearly…
By Kavya Guduru – Oil prices will build on a strong start to the year with geopolitical risks to supply complementing a strong demand rebound as fears over the impact…
By Lucia Mutikani WASHINGTON – U.S. consumer spending fell in December, suggesting the economy lost speed heading into the new year amid snarled supply chains and raging COVID-19 infections, while…
By David Brunnstrom, Kiyoshi Takenaka and Michael Martina WASHINGTON/TOKYO -U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida agreed in a virtual meeting on Friday to boost cooperation on…
The beer industry is experiencing a shortage in brown glass and aluminum cans and is expecting their alcoholic beverages to be impacted by price hikes in 2022 due to inflation…
WASHINGTON, D.C. – White House Press Secretary Jen Psaki this week blamed corporate greed, in particular, big meat for rising inflation and not the Biden administration. Psaki singled out the…
Apple announced Tuesday that it would require all customers to wear masks while shopping in any of its U.S. retail stores as concerns grow about rising COVID-19 cases and a…
Jonathan Lesser on November 30, 2021 It’s no secret that gasoline prices have increased some 50% since last year. The higher prices have rippled through the U.S. economy, raising shipping…
If taxes are your number one issue, New Jersey’s not the place for you. That’s the message New Jersey Governor Phil Murphy sent during his re-election campaign. Now, tens of…
Energy Secretary Jennifer Granholm laughed out loud when asked during an interview Friday what her plan was to ease gasoline prices nationwide. “That is hilarious,” Granholm laughed when asked by…
U.S. consumer spending growth slowed in September, and income dropped due to high COVID-19 cases, supply shortages, rising inflation, and ending unemployment benefits. Consumer spending increased 0.6% in September, down…
GOP lawmakers have turned up the heat on the Biden administration, repeatedly slamming it for rising energy prices that consumers have experienced recently. House Minority Leader Kevin McCarthy hosted roundtables…
The White House downplayed surging energy prices in the U.S. and worldwide on Wednesday, arguing that the climate crisis was more important. “Certainly, we all want to keep gasoline prices…
Thomas Catenacci on October 5, 2021 Roughly 14% of the coral reefs across the world have been lost in the last decade due to rising ocean temperatures, according to a…
U.S. authorities criticized social media for an uptick in drug trafficking following a massive seizure of over a million fentanyl-laced pills and hundreds of drug dealer arrests. The Drug Enforcement…