Category Archives: Economy

Treasury Secretary: ‘Extraordinary Measures’ to Be Taken If Congress Doesn’t Raise Debt Limit

Treasury Secretary Janet Yellen on Friday urged congressional leaders to suspend or raise the national debt limit before Aug. 1. or face dire economic consequences. Yellen warned that if Congress does not take action, her department will need to implement “extraordinary measures” to prevent

Signs of the Times: When Should You Be Concerned about Inflation?

A pedestrian walks past gas station fuel prices above $5 and $6 per gallon at Death Valley National Park in Furnace Creek, Calif., on June…

Texas Upstream Oil and Gas Sector Continues to Add Jobs

An oil storage facility is shown next to the Phillip 66 oil refinery in Houston, Texas, on April 21, 2020. (Mark Felix/AFP via Getty Images)

Railroad Industry Worried About Biden Executive Order

An executive order signed by President Joe Biden that could force railroads to allow other operators to use their tracks could reduce competition and increase costs, according to industry experts. Biden’s order last week in part called on the independent

American Airlines Beats Second-Quarter Revenue Estimates as Travel Recovers

American Airlines passenger planes crowd a runway, at Tulsa International Airport in Tulsa, Okla., on March 23, 2020. (Nick Oxford/File Photo/Reuters)

Ford’s Europe Sales up 43.7 Percent in the Second Quarter

The Ford logo is seen at the North American International Auto Show in Detroit, Mich., on Jan. 15, 2019. (Brendan McDermid/Reuters)

Biden Claims His Spending Plans Will Reduce Inflation, Drawing Conservative Backlash

President Joe Biden speaks about the nation's economic recovery at the White House, in Washington, on July 19, 2021. (Drew Angerer/Getty Images)

Federal Watchdog: Unemployment Programs Wasted Billions

A man completes a job application before interviewing during a Zislis Group job fair at The Brew Hall in Torrance, Calif., on June 23, 2021.(Patrick…

US Probes Overheating Brakes That Cause Fires in 500,000 Semis

Motor vehicle traffic moves along the Interstate 76 highway in Philadelphia, Pa., on March 31, 2021. (Matt Rourke/AP Photo)

New Mexico Ranchers: Raising Inheritance Taxes Would Be ‘Devastating’ to Industry

The sun begins to rise on Country Road B002 outside Columbus, N.M., on Feb. 19, 2017. (Jim Watson/AFP via Getty Images)