Economic Indicators

Thanks to stable oil prices and little change in demand, gas prices are continuing to fall.

Inflation remained relatively unchanged in May, according to the latest inflation report. Here's what that means for interest rates.

Housing, energy and vehicle costs have all risen by double digits thanks to inflation experienced by Americans during President Biden's first term in the White House.

A recent survey from Intuit Credit Karma found that 27% of Americans who responded to the poll have skipped meals because of rising grocery prices in the U.S.

The national average cost for a gallon of gas was $3.48, a significant eight-cent dip from the previous week.

Committee to Unleash Prosperity co-founder Stephen Moore weighs in on how Biden's energy policies impact the consumer and national security. 

Shannon Denton, the co-founder of Wripple, told FOX Business that we are in the midst of a "freelancer economy." Corporations are seeking out even more independent workers.

Another chain is shuttering several locations throughout California, citing a rising cost to do business in the state. However, locations in nearby states are staying open.

President Biden appeared to confuse Chinese President Xi Jinping with Russian President Vladimir Putin while discussing new tariffs on China with TIME magazine.

More renters are staying put compared to ten years ago as the affordability crisis persists, preventing a growing number of people from becoming homeowners.

"Generations" author Jean Twenge provided her insight on the surge in teens and younger generations in the workforce.

Decreasing oil prices and less demand has caused a sizeable drop in gas prices this week.

Real GDP increased at an annual rate of 1.3% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate.

Stop & Shop announced that it is planning to close certain underperforming stores in the Northeast. The company didn't disclose which locations will be affected or when.

Confidence levels among American consumers increased in May after having declined for three consecutive months, according to the Conference Board's latest report.

Major retailers have been slashing prices in recent weeks. While it may be a welcome relief to some cash-strapped shoppers, it's not an indication that inflation is getting better.

States are now having to mull over how to recoup losses from a gas tax as more cars on the road become more fuel efficient. California has been exploring the idea of a "road charge."

The national average cost for a gallon of gas settled at $3.61, a slight one-cent increase from the previous week.

Even though inflation is still taking a massive bite out of household budgets, demand for cruises has been surging. Many major cruise operators reported record demand in recent weeks.

President Biden's administration will allow the staggered release of one million barrel of oil from Northeast reserves in a bid to lower gas prices, according to the Energy Department.