LEGO raises prices, citing supply chain issues

Though prices are going up, a study published in 2020 found that most LEGO sets appreciate in value by 11% per year.

US inflation reached 9.1% in June, a new 40-year high

U.S. consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest 12-month increase since 1981.

June job growth revealed amid recession fears

The jobs report in June was strong, despite risks of a recession on the horizon. Here's what that means for interest rates.

Mortgage rates plummet amid recession fears

Mortgage rates sank this week, but they could soon begin to rise once again.

Inflation, expenses rise sharply as priorities for most Americans, poll finds

Most Americans expressed little confidence in Republicans and Democrats to focus on issues important to them or an ability to work together and get things done.

US employers add a solid 372,000 jobs in sign of resilience

America’s employers shrugged off high inflation and weakening growth to add 372,000 jobs in June, a surprisingly strong gain that will likely spur the Federal Reserve to keep sharply raising interest rates.

Biden plan could allow new offshore drilling in Gulf of Mexico

His campaign promise to end fossil fuel development on public lands was thwarted by U.S. courts, high gas prices and Russia’s domination of Western European energy.

Electric vehicle battery myths v. facts: The debate over ‘green’

As demand for electric vehicles grows, innovation follows and companies are looking at more environmentally friendly options when it comes to the controversial manufacturing of EV batteries.

US importing baby formula from Mexico to ease shortage

Trucks contracted by the Department of Health and Human Services will drive about 1 million pounds of Gerber Good Start Gentle infant formula from a Nestlé plant to U.S. retailers, the White House said.

Wheat and barley shortage: How Russia-Ukraine war triggered a global food crisis

Together, Russia and Ukraine export nearly a third of the world’s wheat and barley, more than 70% of its sunflower oil and are big suppliers of corn.