Gasoline prices in California have surged to an average of $6.08 per gallon, up 15% from a month ago, largely due to a spike in crude oil costs and refinery output disruptions.

Rising oil prices are impacting consumers, complicating the global fight against inflation, and contributing to Russia's war chest.

The U.S. Postal Service has announced that it will not impose peak season surcharges during the upcoming holiday season.

Gas prices in the United States are expected to rise slightly over the next week, with estimates suggesting an increase of three to five cents per gallon due to rising gasoline wholesale prices.

The diesel market is facing a crisis as output curbs from countries like Saudi Arabia and Russia limit the supply of medium and heavy crudes, crucial for diesel production.

Car enthusiasts seeking affordable performance cars can find options with starting prices under $33,000.

The Federal Reserve has raised its key interest rate to around 5.4% to curb inflation, but policymakers are at a critical juncture considering whether to raise rates even further or maintain the current level.

Inflation in the US has dropped from 9% to 3% over the past year, but reducing it to the Federal Reserve's 2% target rate proves to be a tougher task.

Credit ratings agency Moody's has placed the credit ratings of six major US banks, including Bank of New York Mellon, State Street, and Northern Trust, under review for a possible downgrade.

Companies across various industries are cutting back on customer perks as they prioritize higher profit margins.

This summer's historic heatwave is causing gasoline prices to surge to nine-month highs in the United States.

The job market in the United States has shown signs of cooling over the summer, but it remains strong enough to dispel fears of a recession despite higher interest rates.

Despite warnings of an impending recession, the U.S. economy is showing signs of acceleration.

The Teamsters and UPS have reached a tentative labor agreement, averting a potential strike that could have disrupted the supply chain.

Rocky Mountain Chocolate Factory is ahead of its cost-savings schedule, successfully reducing expenses through improved inventory management and demand planning.

The Federal Reserve is expected to raise interest rates by a quarter-percentage point, resuming its efforts to combat inflation after a brief pause in June.

The results of Amazon Prime Day on July 11-12 indicate that Peak 2023 is likely to be a strong and busy season for the supply chain.

According to a recent report by ISS ESG, a full-blown recession has not occurred, but there has been a lackluster performance in a low-growth environment, coupled with high inflation, interest rates, and tighter liquidity due to a recent banking crisis.

The Federal Reserve is on the verge of achieving a rare "soft landing" by curbing inflation without causing a severe recession.

A potential strike by 340,000 unionized workers at United Parcel Service Inc. (UPS) has the U.S. economy on edge, as it could intensify two significant challenges: inflation and supply-chain disruptions.