Prices for just about everything Americans buy have spiked in the past two years. Inflation, which had been scarcely noticeable for decades, is suddenly the top concern most people have about the economy. And it all seemed to catch Washington, D.C., by surprise.
Some drivers believe Formula One’s increasing visibility and popularity threaten American auto racing, stiffening competition for fans and nascent drivers who may gravitate toward a sexier, more global sport.
The likely decision follows months of uncertainty over the fate of student debt for tens of millions of Americans, with Biden at times sounding skeptical of canceling loans but under pressure from his collapsing approval ratings among young voters ahead of November’s elections.
This week, the Centers for Disease Control and Prevention released new estimates of the syndrome’s toll in the United States, suggesting it affects one in five adults younger than 65 who had COVID, and one in four of those aged 65 and older.
Although major swaths of the economy—including the job market and consumer spending—remain robust, there are mounting worries that rising borrowing costs for consumers and businesses, after years of near-zero interest rates, could cause a sudden retrenchment.
Americans are navigating murky waters in the latest wave of the pandemic, with highly transmissible subvariants of omicron spreading as governments drop measures to contain the virus and reveal less data about infections.
The White House responded by pointing out that Jeff Bezos’ attacks emerged days after Biden met in the Oval Office with the labor leaders behind Amazon’s unionization drive, which the company has vehemently opposed.
Analysts say a merger of any of the two carriers could create an airline with the scale and routes to more effectively compete with the nation’s four largest air carriers.
In other kinds of markets, a surge of demand and shortage of supply would trigger more investment. But the longer-term transition away from fossil fuels dims the outlook for demand, making companies unwilling to put up the billions of dollars needed to build new refinery plants.
Extreme weather and the war in Ukraine have tightened global supplies of the four most commonly used types of vegetable oil—staple ingredients that are as ubiquitous in home kitchens as they are in restaurants and packaged foods.
In the view of Mark Miles, president and CEO of Penske Entertainment Corp., which owns the IndyCar series and Indianapolis Motor Speedway, F1’s American expansion is a boon for all forms of motorsports.
The sell-off was a sharp reversal of fortunes after markets posted large gains on Wednesday, a whiplash caused by temporary confusion over the Federal Reserve’s approach to raising interest rates this year.
In some cases, workers say rising costs—and the inability to keep up while on a fixed income—are factoring heavily into their decisions.
The infusion adds heft to the Tesla chief’s offer and eases some of the financial pressure he’s taken on in pursuit of the social media platform.
Though plastics use fell in the early days of the pandemic, consumption has rebounded along with economic activity. Meanwhile, plastic waste exports have plummeted in the wake of import bans by countries such as China and Turkey.
At risk of flooding due to rising sea levels, the historic settlement demonstrates the danger that some of the nation’s most important cultural sites face due to climate change.
In Indianapolis, protesters and counter-protestors gathered outside the U.S. District Court of Southern Indiana at 46 E. Ohio St. on Tuesday evening.
Labor organizers and experts say they expect the momentum to organize at Amazon’s more than 1,000 warehouses across the country to continue despite the loss.
The study used research from the Institute of Family Studies and examined the relationship between spousal income and division of housework from more than 6,000 dual-income, heterosexual married couples between 1999 and 2017.
The board of Spirit Airlines said it would continue to pursue a merger with Frontier Airlines.
