Business News [UP]

The city of Shanghai in China is preparing to start easing COVID-19 restrictions on Wednesday after a two-month shutdown left the country’s most prosperous city at a standstill....Read More

The national average price of gasoline in the United States rose to $4.62 per gallon on Monday with many Americans expected to embark on long road trips for the Memorial Day holiday....Read More

President Joe Biden will meet with Federal Reserve Chairman Jerome Powell at the White House on Tuesday to weigh possible measures to control rising inflation in the United States....Read More

President Joe Biden on Friday signed a proclamation suspending tariffs on steel from Ukraine for one year amid the Russian invasion, but he did not amend tariffs on steel products....Read More

The three major stock indexes in the United States made gains this week, rebounding some from weeks of losses for the best week since November 2020....Read More

Civil groups and Google workers are pressing Google’s parent company, Alphabet, to back a racial equity audit proposal....Read More

Inflation slowed slightly in April in the United States but it is still near a 40-year high. Income, disposable income and consumer spending all rose in April despite the ongoing inflation....Read More

A group of shareholders have sued Twitter and Elon Musk, saying the SpaceX and Tesla CEO has sought to influence stock prices amid an attempt to buy the San Francisco-based company....Read More

The Dow Jones Industrial Average gained 516 points on Thursday as markets were on track to break weeks-long losing streaks....Read More

South Korea’s auto part maker Hyundai Mobis announced it has developed an adjustable display technology for the automotive cockpit system....Read More