Economic Indicators

It was cheaper to fuel a gas-powered car for 100 miles than it was to charge a comparable electric vehicle in late 2022, according to Anderson Economic Group.

The House will vote Friday on the Strategic Production Response Act, which would boost U.S. oil and gas production in response to drawdowns of the Strategic Petroleum Reserve.

Mortgage rates continue cooling off as optimism reigns that the Federal Reserve will loosen its fight on inflation. Home buyers optimistically return to the market.

Dow Inc. is starting a corporate restructuring plan and will lay off 2,000 workers around the world in an effort to save $1 billion in costs this year.

The fourth-quarter GDP report shows the U.S. economy finished the year on relatively strong footing, despite high inflation and rising interest rates.

Refining margins are on the rise as more plants undergo outages due to accidents or delayed maintenance due to the pandemic.

Canary CEO Dan Eberhart addressed the rise in U.S. oil and gas prices and explains how Biden's energy policies are hurting American consumers.

Gas prices rose 14 cents over the past week

The governor of Hawaii told lawmakers on Monday that he wants to invest $1 billion in affordable housing, as well as give tax breaks to residents of all income levels.

Even with a myriad of economic challenges facing business owners, new business openings notched an all-time high in 2022, according to a new report from Yelp.

President Biden would veto a bill being pushed by House Republicans that would limit his ability to draw from the Strategic Petroleum Reserve, the White House said Monday.

Apple's new macbook, as well as earnings from Visa, Mastercard, and American Express and most major airlines including JetBlue and Southwest headline a busy week.

Former Connecticut Sen. Joe Lieberman urges Republicans and Democrats to come together and "work it out" on spending after the U.S. hits the debt limit.

Investors rethought putting their money into hedge funds, leading to a net outflow of $55 billion in assets, making it the largest capital flight from the industry since 2016.

Wayfair announced Friday that its laying off more workers as it continues to thin out management and become more agile in the current economic environment.

WeWork announced Thursday that it's cutting hundreds of jobs as it continues to streamline operations and optimize its portfolio amid the uncertain economy environment.

The average rate on a 30-year fixed mortgage fell to 6.15% on Thursday from 6.33% last week, according to mortgage buyer Freddie Mac. A year ago, the average rate was 3.56%.

Nearly half of Americans who are paying checking account fees every month say they are sacrificing their level of preparedness for a recession in doing so, according to a new report.

The Federal Reserve's Beige Book, which monitors businesses' sentiments, is full of pessimistic outlooks on the economy driven by high inflation and slow growth.

Party City has filed for Chapter 11 bankruptcy protection as persisting inflations dampens sales. It marks the latest in a line of companies that are facing similar struggles.