Category: economy

Oil Prices Spike Amid Middle East Conflict

Analysts anticipate potential supply issues if war breaks out with Iran over alleged involvement

Homeowners Feel Pinch As Interest Rates Hit 22-Year High

Rate hikes to dampen inflation have pushed mortgage payments to new highs

Biden Admin Delays Refilling U.S. Strategic Oil Reserve

Officials who drained the U.S. Strategic Petroleum Reserve to a 40-year low won't refill, saying...

Inflation Drops to Lowest Point Since 2021

Latest data could signal end to rising interest rates from the Federal Reserve

Indiana Opens Business Office in South Korea to Pursue Energy and Technology Investments

'Indiana’s new Seoul office underscores the importance of the state’s deepening relationships...

As The White House Pitches 'Bidenomics' Messaging, 34% of Americans Approve of the President's Economic Record

About 1 in 10 Republicans approve of Biden’s job performance overall or on the economy

Inflation Cools To 4%, The Lowest Rate Since 2021

Analysts expect the Fed to halt rate hikes this week in response to the latest inflation data

Bill Ackman Warns Banking System In 'Grave Risk'

Investors made nearly $380M in a single day short-selling stocks of collapsing regional banks

GOP-Led States Rank Highest For Economic Outlook: New Report

Economist says low taxes and smaller government leads to better economic outcomes

Biden Budget Plan Will Spike Debt to 'New Record' of 110% of GDP, Watchdog Says

FY 2024 budget proposal fails to address the Social Security Old-Age and Survivors Insurance...

U.S. Homeowners Lost $2.3T In Value During Second Half of 2022

Data shows Florida holds 60% of the hottest metro markets despite damage from Hurricane Ian in 2020

Minimum Wages Increased in 23 States

The change impacts more than 8 million workers

National Gas Prices Projected To Rise By Spring 2023

'The National Average Could Breach $4 A Gallon As Early As May – And That’s Something That Could...

Treasury Secretary Predicts Inflation Cooling in 2023

Yellen cites lower shipping costs and gas prices in forecasting 'substantial reduction in...

Over 40% Small Businesses Can't Afford to Pay Rent This Month

Nearly Two-Thirds Say Inflation Is Hurting Them The Most

Thanksgiving Dinner Will Be 20 Percent More Expensive This Year

U.S. Consumer Debt Rises At Fastest Pace in 20 Years

Borrowers Under 30 Held Highest Q3 Balances

Fuel Company Issues Diesel Shortage Warning For East Coast

Without Government Action, a Diesel Emergency Threatens to Spike Inflation Even Further

Economy Still Top Concern For Voters Ahead of Midterms

Nearly Half of the Electorate rates their finances weaker than they were just a year ago

OPEC Cuts Oil Production as U.S. Strategic Reserve Hits 40-Year Low

Without Increased Supply Domestically, US Gas Prices Are Expected To Soar to Record Highs

Evictions Are Surging Across the U.S.

Arizona Property Manager Says Company is Seeing a 20% Increase in People Requesting Assistance

18 Retired Military Leaders Ask Biden to Boost Domestic Energy Production

Former officials want U.S. to return to energy independence

Biden's Student Loan Forgiveness Will Cost $420 Billion, CBO Says

Committee for A Responsible Federal Budget: 'This might be the most costly executive action in...

Colorado Will Raise Minimum Wage to $13.65 Due to Inflation

At least seven other states are expected to make similar adjustments following the August...