U.S. Economy Faces Setbacks as Growth Stalls in Q2, July 2022 Business July 27, 2022 The U.S. economy faced a significant slowdown in the second quarter of 2022, contracting by 0.9%. This marks the second…
Record-Breaking Heatwave Strains California’s Economy and Energy Resources Business June 30, 2022 In June 2022, California experienced one of the most extreme heatwaves in history, with temperatures soaring to a staggering 127°F…
Gas Prices Surge Above $5 Per Gallon, Adding to Inflationary Strain Business May 31, 2022 In May 2022, gasoline prices in the United States soared above $5 per gallon for the first time in history,…
U.S. Economy Experiences Contraction Amid Global Challenges Business April 30, 2022 In April 2022, the U.S. economy faced a setback as it contracted by 0.9% in the second quarter, marking the…
Federal Reserve Increases Interest Rates to Tackle Rising Inflation Business March 31, 2022 In March 2022, the Federal Reserve took decisive action to curb inflation, marking the first interest rate hike since 2018.…
Consumer Confidence Declines Amid Ongoing Inflation Concerns Business February 28, 2022 Consumer confidence took a hit for the second month in a row in February 2022, as inflation continued to worry…
Inflation Reaches Highest Level in Four Decades in Early 2022 Business January 31, 2022 As 2022 began, the U.S. economy was confronted with an alarming surge in inflation, which reached a 40-year high of…
