Tag: Shortages
House Democrats Release $28 Million Aid Bill to Address Formula Shortage
WASHINGTON — House Democrats on Tuesday proposed an emergency funding bill that would give the Food and Drug…
F.D.A. and Abbott Reach Agreement on Baby Formula to Try to Ease Shortage
The Food and Drug Administration on Monday reached an agreement with Abbott Laboratories on the steps needed to…
Under Pressure to Act, White House Says It’ll Address Formula Shortage
WASHINGTON — The Biden administration said on Thursday that it was working to address a worsening nationwide shortage…
Job Openings in U.S. Rose to Record in March
Even as recession fears grow, a government survey released Tuesday showed that businesses were continuing to hire, with…
Supply Chain Hurdles Will Outlast Covid Pandemic, White House Says
In the report, the administration cited its efforts to identify weaknesses in supply chains for key products like…
Few Cars, Lots of Customers: Why Autos Are an Inflation Risk
Mr. McCabe does not think that car inventory will ever fully rebound: Dealers and automakers have learned that…
Tesla, Unlike Other Carmakers, Reports Big Sales Increase
Tesla, the world’s leading electric car company, on Saturday reported a steep increase in worldwide sales in the…
Rising Wages Are Good News for Workers but Keep Pressure on the Fed
Wages climbed at a rapid pace in the year through March and the unemployment rate dropped notably last…
How Europe’s Tourism Industry Has Been Affected By War in Ukraine
Bernabò Bocca, the president of the Italian hotel association Federalberghi, said he was most concerned over energy costs,…
High Inflation Could Persist as Wages Continue to Rise
Economists have been waiting for Americans to shift from buying goods, like furniture and appliances, and toward spending…
Powell Says Fed Could Raise Rates More Quickly to Tame Inflation
The oil and gas price spike and other commodity disruptions tied to the war in Ukraine could push…
Ukraine War Threatens to Cause a Global Food Crisis
Russian and Ukrainian wheat is not easily replaced. Inventories are already tight in the United States and Canada,…