The Department of Energy will release 50 million barrels of oil from the nation's Strategic Petroleum Reserve, the White House announced Tuesday, as the Biden administration seeks ways to control rising costs at the pump.
Best Buy Co. shares tumbled the most since the start of the pandemic after the electronics retailer said increased robberies by organized groups of thieves are adding to an array of profit pressures.
US Treasury Secretary Janet Yellen said Monday she expects current record-high inflation to ease, with monthly rates falling back to 0.2 or 0.3 percent in the second half of 2022.
Freedom of Information Act requests are rarely speedy, but when a group of scientists asked the federal government to share the data it relied upon in licensing Pfizer’s COVID-19 vaccine, the response went beyond typical bureaucratic foot-dragging.
The Australian army has begun forcibly removing residents in the Northern Territories to the Howard Springs quarantine camp located in Darwin, after nine new Covid-19 cases were identified in the community of Binjari. The move comes after hard lockdowns were instituted in the communities of both Binjari and nearby Rockhole on Saturday night.
German Health Minister Jens Spahn has said that everyone will be immunized or succumb to the coronavirus in the coming months as he urged the public to get the shot.
