Economic Indicators

Pivot Bio CEO Chris Abbott warns of a 'vicious cycle’ for American farmers during harvest season as diesel costs rise.

The average rate on a 30-year fixed mortgage rose this week to 7.03%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.95%.

Peter Schiff indicated during an interview that he expects oil prices to head higher regardless of whether the Iran war ends, and thinks that there will be an economic "downturn."

Starbucks COO Mike Grams revealed plans to shutter about 250 coffeehouses across North America, citing struggles with financial performance.

Cutting back diesel for export means cutting back oil, which means cutting back gasoline, which means shortages of gasoline and higher gasoline prices

The Federal Reserve raised interest rates, and markets now price in up to two more hikes by year's end as inflation remains above the 2% target.

Tim Scott warns that Democratic opposition to the Clarity Act risks costing America its leadership in the next evolution of financial markets.

President Donald Trump pushed back on Anthropic CEO Dario Amodei's call for an AI slowdown, insisting the technology will be more good than bad.

Diesel prices hit a record average of $6.20 per gallon as the Iran war disrupts the Strait of Hormuz, threatening to raise costs across the U.S. supply chain.

Healthcare uniform apparel retailer Scrubs & Beyond has announced that all retail stores are closing. The company operates more than 100 locations.

The Labor Department released the consumer price index (CPI) for August which showed that inflation remained well above the Fed's 2% target ahead of its next meeting.

Mark Zandi says the Iran war has added about $115 billion in costs for U.S. households through higher gasoline, diesel and jet fuel prices.

Scott Dane of the American Loggers Council says loggers are "dying" as diesel prices surge and calls for halting diesel exports under emergency powers.

President Donald Trump threatened to ban Bombardier aircraft sales on Truth Social just hours before Canada's retaliatory tariffs hit $20 billion in U.S. goods.

Record-high Labor Day gas prices hit $4.14 per gallon as crude oil stays near $90 a barrel amid Iran conflict and Strait of Hormuz concerns.

The Labor Department released the August 2026 jobs report on Friday, with Bureau of Labor Statistics data showing solid job gains last month.

The AAA national average price for diesel fuel has reached a new record high of $5.85 as of Sept. 4, 2026, beating the prior record from June 2022.

The average rate on a 30-year fixed mortgage rose this week to 6.71%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.66%.

The figure reported on Wednesday is below economists’ estimates of an increase of 48,000 jobs. The prior month's reading was revised higher to 46,000.

Alejandro Betancourt, the CEO of North American Blue Energy Partners, has emerged as a central figure in President Donald Trump's landmark oil agreement with Venezuela.