Supply & Demand

WASHINGTON (AP) — Heading into the Memorial Day travel weekend, House Republican leader Kevin McCarthy and other members of his party are falsely blaming President Joe Biden for higher gasoline and lumber costs.

A year after safety fears led to the cancellation of baseball and other team sports, Dick’s Sporting Goods is having a comeback year as bats, balls and jerseys fly off shelves. First-quarter sales more than doubled to $2.92 billion and the company raised its expectations for sales and profits in 2021.

During the rental car shortage, Consumer Reports offers tips for navigating a tricky travel landscape.

A global microchip shortage has impacted car production down in the U.S., which has led to a shortage of rental cars. Here's what that means on the cusp of the summer travel season.

As summer leisure travel ramps up, travel industry insiders predict the rental car shortage currently gripping the U.S. is likely to worsen before it gets better.

Can a brand transcend time and be all things to all people? This graphic seeks to find out by visualizing the most loved brands by generation.

As a producer that heavily supplies the food service industry, Swanson Pickle Co. Inc. had to make profound adjustments to its sales channels when the COVID-19 pandemic changed buying habits. As a producer that heavily supplies the food service industry, Swanson Pickle Co. Inc. had to make profound...

People are flying again. But so many airplanes are still parked in storage. Getting them in the air again isn't always so simple.

U.S. Commerce Secretary Gina Raimondo says using the Defense Production Act, a wartime power to set priorities for certain supplies, would be “a challenge.”

After almost 30 years, Oatly has cinched a spot at the front of the alternative milk market

As pandemic-related restrictions are lifted and people slowly return to eating out and traveling, dry cleaners are struggling to stay afloat.

Erika Smith and Bryan Taberski did what any city dweller might do when the coronavirus pandemic closed offices and remote work became the norm.They became examples of the shift in residential real estate as metro Detroiters looking for more space moved to areas with larger lots, bigger houses and a…

If the deal pans out, it could offer some serious competition for Netflix and Disney+

The result of the global computer chip shortage has been far fewer vehicles on dealer lots, just as the waning pandemic has fueled consumer demand.

The aluminum can shortage is still impacting beverage producers even a year after the first warning signs went up.

Cyberattacks pose a major challenge for the Biden administration

We’re eating more meatless meat than ever, but it’s still not much.

Pokémon cards aren't just expensive. Card grading services are being completely overwhelmed in an “avalanche of cardboard.”

People are dressing up again—sort of—as they get vaccinated, venture out to social events and prepare to return to work, and the fashion industry is preparing for a major surge in sales.

“We have a couple of years until we catch up to this surging demand across every aspect of the business,” new Intel CEO Pat Gelsinger said.

Many restaurant owners say there’s a short supply of chicken wings and they’re struggling to get them.

Hertz, Avis and Enterprise sold enough of their fleets during the pandemic to create a shortage now that demand is picking up ahead of the summer travel season.

A lot of gig workers in the United States should be classified as "employees" who deserve work benefits, President Biden's labor secretary said on Thursday, suggesting a shift in policy that is likely to raise costs for companies that depend on contractors such as Uber (UBER.N) and Lyft (LYFT.O).

Amazon.com Inc (AMZN.O), one of the biggest winners of the pandemic, posted record profits on Thursday and signaled that consumers would keep spending in a growing U.S. economy and converts to online shopping are not likely to leave.

Nexteer Automotive said the chip shortage has sparked volatility in automaker assembly plants, but the company still anticipates total bookings to surge to $6.4 billion this year. The steering and driveline systems supplier saw bookings of $3.7 billion in 2020. Auburn Hills-based Nexteer,…

Michigan’s child care sector is gearing up for perhaps its highest stakes policy debate ever, with $1.4 billion in federal coronavirus pandemic aid on the line. Just about everyone involved in caring for Michigan’s youngest students agrees the money is badly needed. Shortages of child care slots…

Ford Motor Co. on Wednesday posted its highest first-quarter net income in a decade but said it could lose half of planned production in the second quarter due to the semiconductor shortage that has halted some high-profit assembly lines. The automaker said it earned $3.3 billion from January…