California’s Record-Breaking Heatwave: A Severe Strain on the Economy and Energ Business June 2, 2022 In June 2022, California experienced an unprecedented heatwave that shattered temperature records, with readings soaring as high as 127°F (53°C).…
Gasoline Prices Surpass $5 per Gallon, Escalating Economic Strain Business May 2, 2022 In May 2022, the United States saw a historic milestone as gasoline prices exceeded $5 per gallon for the first…
U.S. Economy Faces Setback Amid Global Instability Business April 2, 2022 In April 2022, the U.S. economy contracted by 0.9% in the second quarter, marking the second consecutive quarter of negative…
Federal Reserve Increases Interest Rates to Combat Inflation Business March 2, 2022 In March 2022, the Federal Reserve took a decisive step in response to escalating inflation by raising interest rates for…
Inflation Reaches 40-Year High as 2022 Begins Business January 7, 2022 As 2022 began, the United States found itself grappling with an alarming economic challenge: inflation had surged to a staggering…