Economic Indicators

Home buyers got no relief as mortgage rates climbed to 6.32% amidst pessimism that the Federal Reserve will not get ahead of inflation this year and borrowing will stay expensive.

A spurt in U.S. crude production over the past decade has pushed exports to new heights.

Ford will cut around 3,800 jobs in product development and administration in Europe as the U.S. automaker cuts global costs to expand more in electric vehicle market.

The Biden administration announced that 26 million barrels of oil will be sold from the Strategic Petroleum Reserve from April through June under a pair of Obama era laws.

Mike Wirth is in his fifth year as chief executive of Chevron. High oil and natural-gas prices lifted Chevron’s annual profit last year to a record $35.5 billion.

An Apple artificial intelligence event as well as earnings from Biogen, Cisco Systems and Marriott Hotels set the stage for a busy week on Wall Street.

A pipeline leak near Los Angeles has shutdown deliveries of gasoline to some California cities and states including Nevada and Arizona

In January, median asking rent climbed 2.4%, which is the smallest increase since May 2021. It also marked the eighth consecutive month that rent growth has slowed, Redfin reported.

The Federal Reserve's continuing fight to rein in government spending and induced inflation is making all forms of borrowing more expensive, especially mortgages.

Florida Gov. Ron DeSantis mocked President Biden's statement at the State of the Union address Tuesday that the U.S. needs oil and gas production for the next decade.

Oil prices fell this week, according to a report by the AAA, but auto insurance remains high. Here’s how to lower your overall auto payments.

The trade deficit in goods and services was a seasonally adjusted $67.4 billion in December, the Commerce Department said Tuesday, up from a revised $61 billion in November.

A copper deficit might extend beyond 2023 as mining issues in the South American countries of Peru and South America threaten global supply.

California Gov. Gavin Newsom asked the Federal Energy Regulatory Commission on Monday to investigate unusually high natural gas prices in recent months.

Gas prices are still higher than they were a year ago but they have been easing modestly. AAA spokesperson Andrew Gross said prices have steadily fallen every day over the past week,

The January jobs report showed that payrolls increased by 517,000 workers last month, faster than expected, as bars and restaurants hired more workers.

Shell Global, along with ExxonMobil and Chevron, have announced profits in excess of double their FY 2021 totals thanks to high gas prices after sanctions on Russia.

US mortgage rates declined for the fourth week in a row, a sign of relative stability that could open the door for some prospective homebuyers to get back in the market.

Applications for U.S. unemployment benefits tumbled to a nine-month low last week even as the Federal Reserve tries to slow the economy and cool the labor market.

The Labor Department reported on Wednesday that there were 11 million job openings at the end of January, a sign the labor market remains extremely tight.