The Dow fell by more than 1,000 points as retailers' earnings reports reflected difficulty navigating higher prices and supply chain bottlenecks.
Stocks were pummeled on Friday with the Nasdaq slumping more than 4% to post its worst month since 2008. Why things have gotten so bad in Wall Street.
The Ocean Shipping Reform Act, which was approved unanimously in the Senate after a version was approved in the House late last year, aims to ease shipping backlogs at U.S. ports.
The U.S. economy grew last year at the fastest pace since 1984, but growth was tempered by successive waves of the pandemic.
"Americans went on a shopping spree as soon as lockdown started, and we haven't really stopped," journalist Christopher Mims says. His book, Arriving Today, goes inside the global supply chain.
Kraft Heinz will reimburse up to 18,000 customers $20 each to buy or bake desserts without cream cheese, which is harder to come by this holiday season. Here's how the (cheesy) promotion works.
More than 100 pharmaceutical drugs are currently in short supply across the country — many of those life-saving. With the crunch on the nation’s supply chain, advocates are worried about the impact on chronically ill patients who rely on their prescriptions to survive.
Grocery stores are navigating supply chain disruptions to meet customer demands ahead of the Thanksgiving holiday.
The Farm Bureau's Thanksgiving report says the average cost of dinner for 10 people is $53.31. But don't cancel your meal yet: the cost for a turkey has already dropped since the survey was taken.
The U.S. is dotted with more warehouses than ever. But they are overwhelmed by record-level imports, a lack of workers and a shopping spree of unprecedented proportions.
Retailers are racing to get merchandise onto store shelves in time for the busy holiday shopping season. But with ports and warehouses overflowing, many orders are tied up in traffic.
The administration expects the Port of Savannah, the nation’s third-busiest importer, to be the first to take advantage of a policy change allowing ports to redirect about $8 million in funding to immediately address supply chain challenges, the official said.
The global supply chain backup is clogging the Port of Houston, but it's not as bad as the huge bottleneck at the Port of Los Angeles.
Companies from Mondelēz to McDonald's are raising prices to offset higher costs for transportation and because of labor and other problems along the supply chain.
The U.S. economy slowed sharply in the third quarter as the delta variant and persistent supply chain woes weighed on growth. The months ahead should be better.