Economic Indicators

The City of Minneapolis is considering a minimum wage for rideshare drivers while some states have already passed legislation setting a minimum wage for app-based workers.

Realtor.com reported that rents in June declined for the second consecutive month. However, prices are still well above what they were during pre-pandemic times.

Gasoline prices surged as oil prices heated up, and there's room for more increases, according to AAA.

Home prices climbed in recent weeks and faced their sharpest increase since November, according to Redfin. This comes despite lackluster buyer demand.

A McKinsey Global Institute report found that rapid advancements in generative artificial intelligence technologies could see about 30% of Americans' hours worked automated by 2030.

Temps are soaring across the nation, challenging refineries, while the price of oil is rising. The combination may result in higher prices in the middle of the summer travel season.

FOX Business' Lauren Simonetti goes inside the Crayola factory in Easton, Pennsylvania, to pull the curtains back on one of the world's largest crayon producers.

The national average price for gas rose to $3.58 for the week ending July 20, AAA reported. Gas price bumps can add to overall auto costs, but there are ways to lower these expenses.

The sale of previously owned homes slumped again in June as high mortgage rates and worsening supply shortage left would-be buyers with limited options.

The Canadian government rolled out a special work permit program targeting U.S. H-1B visa holders this week, filling its quota of 10,000 applicants in just two days.

A Bank of America survey indicated fund managers remain bearish about the state of the U.S. economy, even as stock markets continue to march higher.

The Commerce Department released new retail data on Tuesday morning, revealing that consumer spending barely rose last month even as inflation moderated.

Treasury Secretary Janet Yellen warned that China's economic slowdown risks "negative spillovers" into the U.S., but maintained a recession is unlikely.

In honor of National Ice Cream Day, grab a scoop of ice cream and learn more about the financial and economical impact America's favorite frozen treat has on this country.

Median U.S. home prices have risen over a four-week period ending July 9. New listings are down 27% on an annual basis, marking the biggest drop since the start of the pandemic.

The Labor Department is releasing the key June consumer price index data this week, shedding light on how quickly inflation is receding from the economy.

The average price for a gallon of gas was $3.52 for the week ending July 6, AAA reported. And overall lower gas prices are encouraging Americans to seek road trips this summer. But inflation, high interest rates and recession fears may hold them back.

The economy added 209,000 jobs in June, slowing from the previous month. But despite this slowdown, the Fed could still be on track to raise interest rates yet again later this year.

Treasury Secretary Janet Yellen met with Chinese Premier Li Qiang in Beijing on Friday to discuss economic collaboration and restore diplomatic partnerships.

The Labor Department's June jobs report is expected to show that the U.S. economy added 225,000 jobs last month despite aggressive interest rate hikes.