President Biden will release about 1 million barrels of oil a day onto the market. Here’s what it means for consumers.
Category Archives: business
New vehicles will need to travel 40 miles per gallon by 2026, new rule says
New vehicles sold in the United States will have to travel an average of at least 40 miles per gallon of gasoline in 2026 under new rules unveiled Friday.
House Oversight panel launches investigation into Amazon's labor practices
The House Oversight Committee is launching an investigation into Amazon’s workplace safety practices.
U.S. economy gained 431,000 jobs in March, signaling shift toward pre-pandemic employment levels
The U.S. economy added 431,000 jobs in March while the unemployment rate fell to 3.6 percent.
Walgreens expands in-store health clinics as vaccine visits begin to fade
Walgreens reports second-quarter earnings amid plans to expand in-store VillageMD clinics and attract customers as the need for vaccines and Covid 19 tests fades
Skippy peanut butter recalled because of possible stainless steel fragments
Some Skippy peanut butter products are being recalled because of small fragments of stainless steel that may be found in them from a piece of manufacturing
Prices for new vehicles hit all-time highs amid rising interest rates, energy prices
The average transaction price for a new vehicle hit $46,085 in February, according to the most recent data from Kelley Blue Book.
Jobless claims rise but layoffs remain at historic lows
More Americans applied for unemployment benefits last week, but layoffs remain at historic lows.
Biden to release 1M barrels of oil a day from reserves in 'wartime bridge'
President Joe Biden is weighing the release of about 1 million barrels of oil a day from the Strategic Petroleum Reserve for about six months.
Travel subscription plans from airlines and hotels are expanding
Airlines and hotels are offering subscription deals aimed at frequent travelers and remote workers. Subscription travel is rising post-pandemic as more people take advantage.