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ECONOMY7 DAYS AGO
California denies most fracking permits ahead of 2024 ban
California regulators haven't approved permits for the controversial oil and gas extraction process known as fracking since February, effectively phasing out the process ahead of Gov. Gavin Newsom's 2024 deadline to end it.
ECONOMY8 DAYS AGO
US company firing striking workers?
A US multinational food manufacturing company is replacing workers that went on strike in the hope of achieving their rights after talks aimed at reaching a middle ground fail.
ECONOMY8 DAYS AGO
Biden to open taps on US oil reserves to rein in fuel prices
US President Joe Biden makes a "desparate attempt" to rein in fuel prices back by tapping into US Strategic Petroleum Reserve.
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ECONOMY9 DAYS AGO
US gasoline prices highest since 2013: EIA
US gasoline prices have spiked in the last 12 months and the average price for a gallon of gas this month was $3.38, the highest since 2013.
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ECONOMY12 DAYS AGO
Russian fleet of diesel tankers heading to US amid fuel crisis
Russia sends a fleet of tankers laden with some two million barrels of diesel to the US.
Russia
ECONOMY12 DAYS AGO
US reviewing punitive trade tariffs on China, says Clinton
The trade war between the world's two largest economies, which kicked off in 2018 under former US President Donald Trump, has seen both countries imposing heavy tariffs on goods
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ECONOMY13 DAYS AGO
Record inflation hurts disadvantaged groups the most in US
The record high inflation in the United States is disproportionately hurting lower-income families, who spend about a third of their earnings on essentials like food and energy, according to a report.
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