The holidays have always been defined by disappointing out-of-stock messages on the most popular items. But the pandemic-induced supply chain snarls have created unprecedented shortages across all types of products.
Extreme weather and supply chain disruptions have reduced supplies of both real and artificial trees this season.
Major League Baseball plunged into its first work stoppage in a quarter-century when the sport’s collective bargaining agreement expired Wednesday night and owners immediately locked out players in a move that threatens spring training and opening day.
General Motors raised its outlook Wednesday and said it expects to return to a normal production rate by the end of next year.
In a survey of business conditions, the Fed’s 12 regional banks found that the economy continued to grow at a modest-to-moderate pace. But because of supply chain problems, price increases were reported to be widespread across the economy.
Donations on GivingTuesday, the annual campaign that encourages generosity on the Tuesday following Thanksgiving, rose by 9% this year in the United States alone, according to organizers.
The outcome probably won’t be known until June. But after nearly two hours of arguments, all six conservative justices indicated they would uphold a Mississippi law that bans abortion after 15 weeks of pregnancy.
Defensive coordinator Marcus Freeman would become the second Black head football coach at Notre Dame after Tyrone Willingham (2002-04).
A person in California who had been vaccinated against COVID-19 became the first in the United States to have an identified case of the omicron variant, the White House announced Wednesday.
A number other banks have announced this year—Ally Bank and regional banking giant PNC for example—that they would end overdraft fees or create programs that would greatly lower the chance a customer would get hit with an overdraft fees.
The plant will employ hundreds of people and will start making materials in 2024, said Doug Parks, GM’s global product development and supply chain head.
The high court is hearing arguments Wednesday in which the justices are being asked to overrule the court’s historic 1973 Roe v. Wade decision legalizing abortion and its 1992 ruling in Planned Parenthood v. Casey, which reaffirmed Roe.
The Centers for Disease Control and Prevention said in a Tuesday statement that it was working toward requiring that all air travelers to the U.S. be tested for COVID-19 within a day before boarding their flight.
The Food and Drug Administration panel voted 13-10 that the antiviral drug’s benefits outweigh its risks, including potential birth defects if used during pregnancy.
A judge will begin hearing evidence Wednesday that could undo the law credited with giving more women seats in boardrooms traditionally dominated by men. The California law has spurred other states to adopt or consider similar laws.
Chairman Jerome Powell said Tuesday that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation. His remarks quickly accelerated losses on Wall Street.
The hiring of Brian Kelly—who has led Notre Dame for the past 12 seasons and eclipsed Knute Rockne for career victories with the storied Fighting Irish—was formally announced Tuesday in yet another blockbuster coaching move in college football.
Even before the omicron variant appeared, consumer optimism was being tested by price spikes across the board, particularly for gasoline and food.
New findings about the coronavirus’s omicron variant made it clear Tuesday that the emerging threat slipped into countries before their defenses were up.
If authorized, Merck’s pill would be the first that U.S. patients could take at home to ease symptoms and speed recovery, but new information released last week paints a less compelling picture of the drug than when the Merck first publicized its early results in October.
