Baby formula shortage hits 'crisis' level, sparking panic in parents across US

The shortages caused major retailers including Target, Walmart, Walgreens and CVS to place limits on how much customers can purchase at one time.

Postmaster General DeJoy says Americans should get used to 'uncomfortable' rate hikes

Louis DeJoy said Thursday he will advocate for the Board of Governors to continue raising rates until the Postal Service meets its goal of becoming self sustaining.

Fed raises interest rates by half-point, the most since 2000

The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point.

Biden highlights deficit progress to counter criticism on US economy

The president is placing a renewed emphasis on reducing the deficit — which is the gap between what the nation spends and what it takes in — in order to blunt Republican criticism.

US economy shrank by 1.4% in Q1 despite solid consumer spending

Despite the weak showing, most economists expect a rebound in the April-June quarter as solid hiring and wage gains sustain growth.

420-square-foot shed listed for $250,000 in San Antonio

A 20-square-foot shed has been listed for $250,000 in San Antonio. Interested homebuyers could be paying $1,412 a month in mortgage payments for it.

Inflation, bird flu impact US bakeries ahead of Easter 2022

The egg price spike is hitting bakeries especially hard, and the days leading up to Easter are some of the busiest of the year for pastry, cookie, and other sweets sales.

2 in 5 US households now growing food following pandemic boom

Tomatoes, cucumbers, sweet peppers, beans, carrots, summer squash, onions, hot peppers, lettuce and peas were among the top homegrown vegetables in the U.S.

Abbott eases state inspections at second commercial bridge, trade remains snarled across border

The agreement will help ease commercial traffic at one of the international ports of entry where international trade has been snarled since Abbott ordered Texas state troopers to do additional inspections on cargo.