Economic Indicators

The Fed said in its semi-annual monetary report to Congress that additional interest rate hikes are necessary with inflation remaining abnormally high.

Persistent inflation has left lenders pessimistic about future interest rate hikes by the Federal Reserve, leading some issuers to write mortgages at higher risk premiums.

The Institute for Supply Management (ISM) said that its Manufacturing Purchasing Managers’ Index (PMI) reached of 47.7 last month after reaching 47.4 in January, notching the third straight month of contraction.

Dollar Tree has been fined over $250,000 by the Labor Department for workplace safety violations at a location in Texas labeled as a "pattern of disregard."

Billionaire Warren Buffett issued a clear inflation warning and hit at 'disgusting' money manager behavior in his annual letter to Berkshire Hathaway shareholders.

Gas prices decreased this week. But several factors ranging from the Federal Reserve’s actions to lower inflation and the war between Russia and Ukraine could push prices higher in the coming weeks.

Domino's and Papa John's have been facing pressures in their delivery business from high inflation forcing customers to eat at home as well as staffing issues.

Mortgage rates continued their climb as inflation woes persist. The Federal Reserve's successive interest rate increases brought down inflation, however price acceleration is still above the central bank's target, causing borrowing costs to skyrocket.

Vice President Kamala Harris touted the Biden administration's efforts to lower energy costs.

Leading Republicans on the House Financial Services and Senate Banking committees are doubling down on attempts to rein in Wall Street’s top cop Gary Gensler.

Brookfield Asset Management recently defaulted on a total of over $750 million in debt for a pair of 52-story towers in Los Angeles, according to a February securities filing.

U.S. households are racking up debt as they confront rising interest rates and high prices for everyday necessities, according to a WalletHub analysis.

Chief executives at major tech companies and Wall Street firms are taking pay cuts this year as high inflation and the potential for a recession weigh.

Small business is booming since the pandemic. Here are six ways for entrepreneurs to keep thriving, but they need big government to stay out of the way.

Gas prices dropped slightly this week and are projected to continue falling from their 2022 highs, according to reports. Here is how to keep your overall auto payments down.

A surprisingly hot inflation report this week has boosted the odds the Federal Reserve raises interest rates by 50 basis points at its meeting in March.

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.