Wholesale inflation rose more than expected in July
Wholesale inflation bucked a 12-month cooling trend in July, the Bureau of Labor Statistics reported Friday.
1970-01-01 08:00
Under Biden, US oil production is poised to break Trump-era records
Critics accuse President Joe Biden of waging a war on the oil industry that is hurting consumers at the gas pump. And yet, on his watch, US oil production is poised to shatter all-time records set during the Trump administration.
1970-01-01 08:00
Hyundai fire risk warning as 91,000 vehicles recalled
The recall is the latest in a series of fire-related recalls of Hyundai and Kia models in recent years.
1970-01-01 08:00
US productivity surges in second quarter; labor costs growth slows
WASHINGTON U.S. worker productivity rebounded sharply in the second quarter, helping to curb growth in labor costs and
1970-01-01 08:00
Enterprise reports lower Q2 earnings as margins tighten
By Stephanie Kelly NEW YORK U.S. energy infrastructure group Enterprise Products Partners LP reported lower earnings for the
1970-01-01 08:00
AI is supposed to make our jobs easier. These workers disagree
A new crop of artificial intelligence tools carries the promise of streamlining tasks, improving efficiency and boosting productivity in the workplace. But that hasn't been Neil Clarke's experience so far.
1970-01-01 08:00
TSMC says skilled worker shortage delays start of Arizona chip production
Shares of Taiwan Semiconductor Manufacturing Co slumped more than 3% Friday after the world's largest contract chipmaker flagged a 10% drop in 2023 sales and said production due to start next year at its first plant in Arizona would be delayed.
1970-01-01 08:00
Made in Russia? Chinese cars drive a revival of Russia's auto factories
By Gleb Stolyarov and Alexander Marrow The relaunch of a classic Soviet-era car, the Moskvich, by a state-owned
1970-01-01 08:00
Amazon is inundated with shoppers desperately trying to cool off
Consumers are snapping up air conditioners, ice makers, pool floats and other goods to help them cool down in response to a brutal heat wave in the United States.
1970-01-01 08:00
AI promises to make us more productive. That could help curb inflation
When an airline in the Middle East was recently inundated with 16,000 applications for several cabin crew roles, it turned to artificial intelligence to sift through the resumes and select the most promising candidates.
1970-01-01 08:00
Fisker misses second-quarter production target due to parts shortage
Fisker missed its production target for the second quarter due to shortage of components, the electric vehicle startup
1970-01-01 08:00
Factbox: China's major germanium and gallium producers
BEIJING China has announced export restrictions to take effect from Aug. 1 on some gallium and germanium products,
1970-01-01 08:00