Depleting emergency oil reserves spurs criticism that the White House is trying to lower gas prices with midterm election politics in mind.
Tag: Prices (Fares, Fees and Rates)
Bread Prices Skyrocket as Inflation Grips Europe
The elevated costs of flour, nuts, eggs and even electricity are forcing bakers to increase their prices and cut their production.
Liz Truss’s New Economic Agenda Looks a Lot Like the Labour’s
After a blowback over her budget-busting tax cuts, Britain’s prime minister has junked her free-market plans and adopted several measures favored by Labour.
Striking Defense Lawyers in U.K. Agree to Return to Work
The government will increase legal aid fees by 15 percent for new and existing cases, ending a weekslong walkout.
Biden’s Choice After OPEC Cuts: Woo Saudi Arabia, or Retaliate?
The announcement by the Saudi-led OPEC Plus energy cartel that it would slash oil production was widely seen in Washington as a stab in the back of President Biden.
Biden Administration Pushes Oil Producers to Keep Production High
U.S. officials have been in talks with oil-producing countries in an effort to prevent global oil prices from rising sharply.
A New Shot Guards Against H.I.V., but Access for Africans Is Uncertain
An injection every two months rather than a daily pill could shield many more women from the virus, but it is unavailable in places that need it most.
Strong Dollar Is Good for the US but Bad for the World
The Federal Reserve may have no choice but to wage a relentless inflation fight, but countries rich and poor are feeling the pain of plunging currencies.
Europe’s Energy Crisis Forces Factories to Go Dark
Manufacturers are furloughing workers and shutting down lines because they can’t pay the gas and electric charges.