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The International Energy Agency says the industry is about to test the limit of how much oil it can transport and store, given the phenomenal drop in demand caused by the coronavirus pandemic.

Russia will end 2022 in a weaker global standing than when the year began. Its struggles in Ukraine surprised the Kremlin, and the global punishments are starting to hamper the Russian economy.

Truss' announcement follows weeks of criticism from her opponents and members of her own Conservative Party, and the resignation of two of her top Cabinet picks.

Catch up on key developments and the latest in-depth coverage of Russia's invasion of Ukraine.

In a new executive order, President Biden aims to kickstart competition for consumers, workers and farmers in ways both big and small, starting with a list of 72 initiatives.

Some producers can't source glass bottles, the cost to import liquor has gone up, and there is a shortage of truck drivers. Also, it just takes a long time to make some types of booze.

The "carried interest loophole" allows hedge fund managers to tax their income at a lower rate than an ordinary salary. The provision is unpopular — yet it has survived many attempts to eliminate it.

The federal government has begun tallying the damage climate change could do to the economy and its budget. This comes as scientists warn time is running out to avoid catastrophic global warming.

A Tokyo company aimed for the moon with its own private lander Sunday, blasting off atop a SpaceX rocket with the United Arab Emirates' first lunar rover and a toylike robot from Japan.

2019 was one of the hottest, wettest years on record. And Michigan Radio was there to cover the effects climate change is having on our state. Reporters…