To ease the U.S. shortage of baby formula, Nature's One and Holle are poised to ship hundreds of thousands of pounds, if not millions of pounds, of additional formula into stores, company executives told Reuters.
The Federal Reserve raised its target interest rate by three-quarters of a percentage point on Wednesday to stem a disruptive surge in inflation, and projected a slowing economy and rising unemployment in the months to come.
With prices surging, 24-year-old Noemi Turi presented her employer in Budapest with a pay request 16% above what she considered acceptable just a few months ago as double-digit inflation across East Europe fuels wage demands.
U.S. President Joe Biden on Wednesday demanded oil companies explain why they aren't putting more gasoline on the market, sharply escalating his rhetoric against industry as he faces pressure over rising prices.
U.S. President Joe Biden, under pressure over sky-high gasoline prices, on Wednesday demanded oil refining companies explain why they are not putting more fuel on the market as they reap windfall profits.
Bitcoin recovered on Wednesday after diving to an 18-month low, buoyed by the U.S.
Bitcoin slumped on Wednesday to a new 18-month low, dragging smaller tokens down with it and deepening a market meltdown sparked by crypto lender Celsius this week freezing customer withdrawals.
Drivers around the world are tolerating record-high prices for road fuels, as mobility wins out for now over other spending in squeezed household budgets, data showed.
South Korea's unionised truckers drove a strong bargain with their largely peaceful strike action proving effective without antagonising a public largely unsympathetic towards unions after years of militant action.
Two police officers in southern California were shot and killed while responding to a possible stabbing at a local motel where they were ambushed by the suspect who was fatally wounded himself during the shootout, authorities said.
A shooting in the southern California city of El Monte left two police officers and a suspect dead, authorities said late on Tuesday, adding that the officers were shot in the line of duty while responding to a report of a possible stabbing.
Slumping stocks and surging bond yields are rapidly crimping global financial conditions, yet given their effect on dampening economic growth and eventually inflation, the moves might be welcomed by the Federal Reserve and other central banks.
Slumping stocks and surging bond yields are rapidly crimping global financial conditions, yet given their effect on dampening economic growth and eventually inflation, the moves might be welcomed by the Federal Reserve and other central banks.
Private capital has a keen eye on British bus companies.
Bond investors are embracing safety in their portfolios as volatile markets price in a super-sized hike from the Federal Reserve following evidence of scorching inflation.
Abortions performed in the United States increased by 8% during the three years ending in 2020, reversing a 30-year trend of declining numbers, according to data released on Wednesday by the Guttmacher Institute, an abortion rights research group.
The Yellowstone flooding not only forced thousands to leave the area but also left water in Gardiner undrinkable.
Russia's invasion of Ukraine was at a "pivotal" moment and the United States and its allies could not lose focus on the three-month long conflict, U.S.
Dozens of defense ministers from NATO countries and other parts of the world are expected on Wednesday to discuss weapons deliveries to Ukraine, U.S.
Global shares and government bonds rallied on Wednesday ahead of what is expected to be the largest U.S.
Asian markets were in a pensive mood on Wednesday as shell-shocked investors waited to see just how aggressive the Federal Reserve would be on rates, with many fearing drastic action would risk tipping the world into recession.
The U.S. Navy said it will hold officers in leadership roles accountable if they fall short of standards.
Emergency crews scrambled on Tuesday to reopen roads and restore utilities in rural communities of Montana and Wyoming cut off by historic floods in the first natural disaster to force a summertime closure of Yellowstone National Park in 30 years.
Emergency crews scrambled on Tuesday to reopen roads and restore utility service in isolated communities of Montana and Wyoming cut off by historic floods that forced the first summertime closure of Yellowstone National Park in more than three decades.
The demand for power hit a record high in Texas amid the heatwave.
Firefighters near Flagstaff, Arizona, battled for a third day on Tuesday to contain a wind-driven wildfire that prompted the evacuation of hundreds of homes and authorities arrested a man suspected of starting the blaze while camping in the area.
Russia told Ukrainian forces holed up in a chemical plant in the embattled city of Sievierodonetsk to lay down their arms by early Wednesday, pressing its advantage in the battle for control of eastern Ukraine.
Ukraine showed no signs of obeying a Russian ultimatum to surrender the eastern city of Sievierodonetsk early on Wednesday as NATO defence ministers gathered in Brussels to discuss sending more heavy weapons to replenish Kyiv's dwindling stocks.
Donald Trump failed to persuade New York's highest court to halt depositions in a state probe into his family real estate business, clearing the way for the former U.S.
Walt Disney Co's new animated Pixar movie "Lightyear" features a gay couple, the latest step by the company to show traditionally under-represented groups on the big screen.
