Gas Prices Fall Below $4.90 a Gallon as Recession Fears Mount
Gas prices in the United States have fallen below $4.90 a gallon as fears of an upcoming recession continue to mount.
Nick R. Hamilton
Consumer Confidence Hits Record Low as Americans Become Deeply Pessimistic about Economy
Americans have never been this pessimistic about the economy, with consumer confidence now hitting record lows, according to new data.
45 Housing Markets Have ‘Probability of Price Decline,’ Research Firm Warns
Several housing markets across the United States have the “probability of a price decline” over the next year, a research firm is warning.
Who Is to Blame for Travel Chaos as Thousands of Flights Are Canceled?
Americans are suffering from travel chaos this summer as thousands of flights are being canceled across the country.
FedEx to Start Taking Photos of Packages on Doorsteps for Proof of Delivery
Courier company FedEx will begin taking photographs of packages on doorsteps across North America to provide proof of delivery.
Deutsche Bank Officials Warn Growing Inflation, Rising Interest Rates Make Recession More Likely
Deutsche Bank’s top U.S. economists are warning that growing inflation and rising interest rates are making a recession increasingly more likely.
Elon Musk: ‘Significant’ Issues Holding Back Twitter Deal
Tech entrepreneur Elon Musk says there are several “significant” unresolved matters that are holding back his bid to buy Twitter.
Germany’s Producer Price Soars to Record High as Inflation Raises Production Costs
Germany’s producer prices hit a record high in May as soaring energy costs and inflation continue to push production costs through the roof.
Elon Musk Calls Out TikTok over Risk to ‘Civilization’
Elon Musk is questioning whether the Chinese Communist Party-linked short video app TikTok is leading to the collapse of civilization.
Jerome Powell: Fed Is ‘Acutely Focused’ on Fighting Inflation
Federal Reserve Chairman Jerome Powell has insisted that curbing inflation and restoring stability to the U.S. dollar is one of the Fed’s highest priorities.