The downturn in the economy is a greater worry than inflation at the moment, U.S. Treasury Secretary Henry Paulson said on Thursday.

Anheuser-Busch holds the top two selling beer brands in the world. In order to produce the large amount of beer demanded by consumers Anheuser-Busch has an extensive bottling plant that runs as a well oiled machine manufacturing 1,350 bottles of beer per a minute.

Oil prices keep on soaring, so are supply and demand the real reasons crude continues its climb? CNBC asked the experts for their take.

New orders at U.S. factories rose by a sharper-than-expected 0.6 percent in May on a boost in orders for new aircraft, a Commerce Department report on Wednesday showed.

Sony is seeing little or no sign of softer demand among U.S. consumers for its range of digital TVs, cameras and computer goods despite a weakening economy, a top regional executive said on Tuesday.

U.S. mortgage applications rose last week with lower home loan rates spurring demand for home purchases and refinancing, an industry group said on Wednesday.

U.S. Treasury Secretary Henry Paulson said on Wednesday that high oil prices, further home price declines and capital markets turmoil will prolong the American economy's slowdown.

Florida sued mortgage lender Countrywide Financial Monday for predatory lending practices, alleging the company at the center of the U.S. mortgage crisis made subprime loans to people who could not repay them.

High gas prices and falling real estate values have Americans hurting, but the current economic downturn is also hitting the wealthy according to a new CNBC/Portfolio.com “Wealth in America” report.

High gasoline prices are making life especially tough for delivery-driven businesses, but the floral gift industry at least is finding a little more cooperation  can be part of the solution.

U.S. consumer confidence fell more than expected in June, hitting another 28-year low as surging prices and mounting job losses sapped sentiment, according to a survey.

Consumers will respond to soaring oil prices with mass conservation measures, investor Sam Zell said Friday on CNBC.

U.S. personal spending rose by a more-than-expected 0.8 percent in May as government stimulus checks bolstered household budgets, while a key gauge of inflation stayed tame.

The Federal Reserve should let the big investment banks go bust if they made unwise investment decisions, and investors should take refuge into gold, said Marc Faber, editor and publisher of "The Gloom, Boom & Doom Report."