Car prices have reached a record high, dissuading many Americans from purchasing new vehicles.

Last month, consumer prices in the US increased even further, indicating a slow decline in inflation.

Treasury Secretary Janet Yellen has warned that there are "no good options" for the US to avoid an economic "calamity" if Congress fails to raise the nation's borrowing limit of $31.381tn in the coming weeks.

The Federal Reserve has approved its 10th interest rate increase, raising its benchmark borrowing rate by 0.25 percentage point to 5%-5.25%, the highest since August 2007.

Flying is expensive and will likely remain so for a while. One of the most significant factors affecting airline costs is the price of fuel.

The purpose of electric vehicle rebates is to encourage consumers to choose cleaner and more affordable EVs over traditional gasoline or diesel-powered vehicles.

In the last month, retail sales in the United States have fallen by 1%, as consumers are not spending as much money at retailers.

Lockdown measures and social distancing protocols implemented during the pandemic caused many furniture stores to temporarily close or experience reduced foot traffic.

Since March of this year, wholesale prices have significantly dropped from pandemic highs.

Recently, the United States has experienced high inflation and stressful economic conditions.

In the recent years, with the rise in interest rates, small businesses have been under a lot of financial pressure.

A recent study has shown that four out of ten Americans say that their next car may be electric, which is far less than the Biden administration was hoping for.

The Biden administration has introduced a strict air pollution law that would require more than half of the cars in the market to be completely electric.

Ever since the war started between Russia and Ukraine, many European countries have reverted to using coal and other less environmentally friendly practices.

Despite the nine interest rate hikes imposed by the Federal Reserve over the last year, American employers have added over 236,000 new jobs.

A new survey conducted by Anvyl has revealed that out of the 400 small businesses (SMBs) surveyed, 25% of them expressed concern about their supply chain strategies for the upcoming year.

It is reported that the United States trade deficit has grown for the third consecutive month, reaching $70.5 billion.

The Inland Empire of Southern California has been experiencing a significant slowdown since the height of the pandemic.

Many gas and oil producers are concerned about the increasing popularity of EVs, as they fear that the demand for their products will decrease.

For the first time in nearly two years, the number of available job positions fell by 632,000 compared to the previous month.