The Biden administration said it would have saved $6 billion had the new prices been in effect last year.
The vice president is leaning into an effort to partly blame big companies for inflation, as progressives have pushed her to embrace that argument.
The Consumer Price Index reading in July was the mildest year-over-year increase since 2021.
Grocery prices are no longer rising as rapidly, but food inflation remains a top issue for voters, polls show.
From the vantage of the American supermarket aisle, the modern food system looks like a kind of miracle. Everything has been carefully cultivated for taste and...
The solar sector shows how China conducts industrial policy: It chooses industries to dominate, floods them with loans and lets companies fight it out.
The criticism from Lavazza boss Giuseppe Lavazza comes on top of already-raised prices due to the affects of drought on coffee harvest and the ongoing Red...
Several speakers focused on the sharp rise in gas and electricity prices under President Biden. We scrutinized their statements.
Precious metal prices gained amid growing bets for central banks to commence rate-cut cycles, with gold and silver rising toward the all-time highs seen in May.
PepsiCo reports in its earnings that people are buying fewer salty snacks from its Frito-Lay brands. It’s not the only food company that is seeking to...