Why Biden is waiving rule on higher levels of ethanol in gas this summer

President Joe Biden says his administration will suspend a federal rule that bars higher levels of ethanol in gasoline during the summer.

International trade halted at Texas border crossings as truckers protest Greg Abbott’s new inspections

With trucks backed up for miles in Reynosa for the fifth day in a row, some produce importers in Texas said they have waited days for their goods to arrive and already had buyers cancel orders.

Deutsche Bank predicts US recession in 2023 due to Fed rate hikes

Deutsche Bank is the first major financial institution to predict a recession due to rising inflation and the Federal Reserve's hawkish plan to tame it.

Puerto Rico struggles to emerge from outage as anger builds

Shuttered businesses. Sleepless nights. Canceled classes. Hundreds of thousands of people across Puerto Rico remained without power on Friday, nearly two days after a fire at a main power plant sparked an island-wide outage.

Biden ‘has not ruled out’ canceling student loan debts, White House says

Press Secretary Jen Psaki made the comment the same day the Biden administration announced plans to freeze federal student loan payments through Aug. 31

Could America adopt a 4-day workweek? 38 US, Canadian companies join pilot program

Some 38 companies across North America are taking part in a four-day workweek trial, with nearly 2,000 employees getting a paid day off weekly for six months.

The best and worst times to buy a car amid EV trends and supply-chain woes

If you’re planning to buy a car — new, used, electric, or hybrid — here are some things to consider before making your purchase, according to a car-buying expert.

Corn could be the answer to high gas prices

Under the Home Front Energy Independence Act, ethanol fuel would be produced and sold year-round in the U.S. instead of only during the summer months. The proposal aims to further decrease dependence on Russian petroleum exports over its war on Ukraine.

Biden tapping oil reserve for 6 months to control surging gas prices

Biden ordered the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months in a bid to control energy prices.

Biden planning to tap oil reserve to control gas prices

President Biden is preparing to order the release of up to 1 million barrels of oil per day from the nation's strategic petroleum reserve in a bid to control energy prices.

US, European Union announce new partnership to undercut Russian energy

The White House is billing the partnership as the start of a years-long effort to further isolate Russia following its invasion of Ukraine.

What is shrinkflation? How companies hide inflation without increasing prices

If you haven’t seen a price increase on a product or service you purchased recently, chances are that the company may still be passing along the rising costs to you without the obvious price hikes.