Heating bills in the US are set to soar this winter, as global prices for natural gas, heating oil and other fossil fuels surge. “We expect that households across the United States will spend more on energy this winter compared with the past several winters because of these higher energy prices and because we assume a slightly colder winter than …
US Army Golden Knights paratroopers land on the Ellipse with a US national flag during Independence Day celebrations in Washington, US, July 4, 2020. Editor's Note: In an article published on Tuesday, the China Society for Human Rights Studies laid bare the harsh reality of the serious division between the rich and the poor in the United States under the …
New York CNN Business — Bank of America hauled in its fattest profit ever during the second quarter thanks to sturdy spending from households that offset trouble in markets. Bank of America, which serves one in two US households, said that its view of the landscape points to a “steadily growing economy.” “We see solid consumer activity across the board,” …
