US plant outages send oil refining margins to 3-month high
Refining margins are on the rise as more plants undergo outages due to accidents or delayed maintenance due to the pandemic.
Oil expert rips Biden's weaponization of Strategic Petroleum Reserve as 'blasphemy': 'Disaster for America'
Canary CEO Dan Eberhart addressed the rise in U.S. oil and gas prices and explains how Biden's energy policies are hurting American consumers.
Gas prices rise on strong demand, higher oil prices
Gas prices rose 14 cents over the past week
Hawaii governor proposes tax breaks to lower cost of living
The governor of Hawaii told lawmakers on Monday that he wants to invest $1 billion in affordable housing, as well as give tax breaks to residents of all income levels.
US business openings reach all-time high in 2022
Even with a myriad of economic challenges facing business owners, new business openings notched an all-time high in 2022, according to a new report from Yelp.
Biden would veto House GOP bill restricting president's ability to draw from strategic petroleum reserve
President Biden would veto a bill being pushed by House Republicans that would limit his ability to draw from the Strategic Petroleum Reserve, the White House said Monday.
Lieberman calls for bipartisan solution to 'unacceptable' US debt: 'Potential consequences are catastrophic'
Former Connecticut Sen. Joe Lieberman urges Republicans and Democrats to come together and "work it out" on spending after the U.S. hits the debt limit.
Wayfair cutting 10% of workers as layoffs mount
Wayfair announced Friday that its laying off more workers as it continues to thin out management and become more agile in the current economic environment.
WeWork cutting hundreds of global jobs
WeWork announced Thursday that it's cutting hundreds of jobs as it continues to streamline operations and optimize its portfolio amid the uncertain economy environment.
Nearly half of Americans 'sacrificing recession preparedness' with monthly banking costs
Nearly half of Americans who are paying checking account fees every month say they are sacrificing their level of preparedness for a recession in doing so, according to a new report.
Party City files for bankruptcy as inflation dampens sales
Party City has filed for Chapter 11 bankruptcy protection as persisting inflations dampens sales. It marks the latest in a line of companies that are facing similar struggles.
Over 25,000 global tech workers laid off since start of 2023
Data from Layoff.ai shows over 25,000 global tech workers have lost jobs in the first few weeks of the new year, underscoring how troubles persist in the tech industry.
Treasury Secretary Yellen will meet with China’s Vice Premier Liu He
Treasury Secretary Janet Yellen will host high-level meetings with the Chinese in an effort to ease tensions between the two countries.
Macy's CEO is 'cautious' about consumer spending after seeing dip in self purchases
During an interview during NRF 2023: Retail’s Big Show, Macy's CEO Jeff Gennette said gift giving periods 'were quite strong' but that there was a decrease in self purchases.
FAA outage caused by personnel who 'failed to follow procedures'
The Federal Aviation Administration's outage that led to flight delays and cancellations across the U.S. was due to the actions of personnel who "failed to follow procedures."
'Quiet hiring': What it means for America’s workforce
Quiet hiring has been a tactic utilized by employers for decades but now, companies are leaning on it more than ever in order to weather the uncertain economy.
Inflation may have eased, but a 'number of factors' will make it 'tick back up' this year: Former WH economist
Former Council of Economic Advisers acting Chairman Tyler Goodspeed discusses how inflation could look in 2023 following the release of the December CPI.
Egg prices rise more than 64% in some states
The cost of eggs in November more than doubled what it was a year ago, according to recent data from the Bureau of Labor Statistics. Egg prices have gone up in part because of bird flu.
Best places to work in 2023, according to Glassdoor: Tech still king of the list
Glassdoor's Best Places to Work 2023 list features employers across multiple industries, including technology, finance and real estate.
American Gas Association fires back on potential gas stove ban: 'Not substantiated by sound science'
The American Gas Association pushed back against a potential gas ban calling the removal of the appliance "reckless" and "not substantiated by sound science."



















