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UK inflation spikes as retailers respond to lockdown easing

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LONDON — Britain’s inflation rate more than doubled in April as energy prices soared and clothing retailers hiked prices as the country's coronavirus lockdown...

Fed officials in April cautioned about inflation pressures

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WASHINGTON — Federal Reserve officials at their April meeting reaffirmed the view that the central bank's ultra-low interest rate remained the best policy approach,...

WH memo sees economic strength where critics see fragility

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WASHINGTON — White House officials are seeking to quell anxiety about inflation and the pace of hiring — issuing a memo Tuesday that highlights...

Conservatives seize on gas crunch to blame Biden, stir base

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A graphic calling the East Coast fuel supply crunch “Biden’s Gas Crisis.” A tweet speculating that gas stations running dry was an “INSIDE JOB.”...

Biden team moves swiftly to tackle pipeline political peril

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The Biden administration swung aggressively into action after a primary gasoline pipeline fell prey to a cyberattack — understanding that the situation posed a...

Desperate for workers, US restaurants and stores raise pay

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WASHINGTON — U.S. restaurants and stores are rapidly raising pay in an urgent effort to attract more applicants and keep up with a flood...

US mortgage rates fall for 4th week; 30-year dips to 2.94%

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WASHINGTON — Mortgage rates declined this week, marking their fourth consecutive week below 3% and further evidence of the strength in the economy’s recovery...

Conservatives seize on gas crunch to blame Biden, stir base

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A graphic calling the East Coast fuel supply crunch “Biden’s Gas Crisis.” A tweet speculating that gas stations running dry was an “INSIDE JOB.”...

As chip shortage goes on, cars are scarce and prices are up

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DETROIT — For the next few months, Charlie Gilchrist figures his 11 car dealerships in the Dallas-Fort Worth area will sell just about every...

Rising commodities costs hit Americans at home and on road

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NEW YORK — Rising prices for a variety of commodities are contributing to a jump in prices at the consumer level, with Americans paying...