Business

U.S. Inflation, already at 40 year highs, rose to an annual rate of 8.6% in May, according to the Consumer Price Index summary from the Bureau of Labor Statistics. Inflation was up by 1% in May...

Fans of the popular Sriracha hot sauce are facing a shortage of the condiment, its producer confirmed Thursday....Read More

The Dow Jones Industrial Average fell 638 points Thursday as investors looked ahead to the Bureau of Labor Statistics’ May Consumer Price Index to be released Friday....Read More

The Biden-Harris administration Thursday proposed new standards for a national electric charging network for electric vehicles so charge stations will be as accessible as gas stations....Read More

Automaker Hyundai and South Korean officials launched a trial service of self-driving taxis in Gangnam on Thursday, the latest step forward in the country’s efforts to make autonomous vehicles an everyday reality....Read More

The Dow Jones Industrial Average dropped 269 points as markets snapped a two-day winning streak Wednesday....Read More

The homebuying market continued to cool, with mortgage applications last week falling to a seasonally adjusted 6.5% from the week before, according to the Mortgage Bankers Association’s weekly application survey....Read More

Lawyers representing Virgin America and Alaska Airlines have filed a new supplemental brief with the U.S. Supreme Court in a case regarding the rights of California flight attendants....Read More

President Biden headed to California Wednesday for the Summit of the Americas, an event officials hoped would be a shot in the arm for the administration on the international stage, but may instead be a pain...

An independent advisory committee voted Tuesday overwhelmingly in favor of authorizing biotech company Novavax’s protein-based COVID-19 vaccine....Read More