The five-year engineering feat Germany pulled off in months
Germany is building new LNG facilities in Wilhelmshaven at record speed to make up for gas supplies that Russia has stopped sending since invading Ukraine.
How Exxon Mobil’s CEO views energy shortages and increasing profits
Exxon Mobil CEO Darren Woods sits down to discuss energy policy and security, after Ukraine, as well as carbon emissions and clean energy such as renewables.
Wholesale inflation rises faster than expected in November as high prices persist
Inflation at the wholesale level increased faster than expected in November as producer prices remain stubbornly high, the Labor Department reported on Friday.
Mortgage rates decrease for a fourth week
The average long-term U.S. mortgage rate fell for the fourth week in a row and has fallen more than three-quarters of a point since hitting a 20-year high last month, according to mortgage packager Freddie Mac.
Stuart Varney: Biden’s energy policy is a ‘failure’ despite low gas prices
FOX Business’ Stuart Varney discusses the price of gas in the U.S. and the impact of Biden’s ‘failed’ energy policy on Americans.
US national gas prices now lower than they were a year ago, AAA says
The national average cost of a gallon of regular gas, which is $3.33 a gallon Thursday, is now lower than what Americans were paying last year, AAA says.
Texas subpoenas BlackRock for documents related to ESG push
A top Texas state Senate committee issued a subpoena last month demanding asset manager BlackRock hand over key documents related to its decision-making on environmental investments.
Many Americans believe inflation, the economy won’t improve in 2023: poll — Here's how to manage your finances
As inflation remains high, a recent poll suggested some consumer concerns about economic uncertainty in 2023. Here's how to keep your finances on track.
BuzzFeed laying off 12% of workforce to cut costs amid 'challenging macroeconomic conditions'
Digital media company BuzzFeed said it's reducing its workforce by 12% in order to weather the economic downturn that it expects will continue into next year.
CEO optimism plunges to two-year low as US economy teeters on brink of recession
The Business Roundtable said in its fourth quarter CEO Economic Outlook Index that sentiment among corporate leaders plunged to the lowest level in two years.
PepsiCo to lay off hundreds of employees
PepsiCo plans to lay off hundreds of white collar workers as it streamlines marketing and centralizes manufacturing.
Energy groups sue Biden admin for failing to hold oil, gas lease sales again
Energy industry groups filed a federal lawsuit against the Biden administration Monday evening, arguing it has violated federal statute requiring quarterly oil and gas lease sales.
What the OPEC+ oil production cut means for gas prices
The decision from OPEC+ to maintain output cuts of two million barrels per day could impact the decline in gas prices, which is an average of $3.40 per gallon.
LA City Council votes to phase out oil drilling, ban new wells with gas prices far above national average
The Los Angeles City Council on Friday voted to ban oil and gas wells within city limits and phase out existing wells over the next 20 years.
New top Fed official has been critic of Biden agenda: 'Just stop. Seriously'
Austan Goolsbee, the newly named Federal Reserve Bank of Chicago president, has disagreed with the White House on a number of key economic issues.
Layoffs mount as job market gets murky
The November jobs report out Friday morning will shed light on the health of the U.S. labor market, which is rapidly deteriorating as the Fed raises interest rates.
New York Fed's Williams warns of a 'ways to go' before interest rates are high enough
Inflation could see a "pretty significant" decline next year, but New York Fed President John Williams said interest rates still need to rise further.
Four-day work week trend gaining popularity as companies report strong productivity levels
Over two dozen companies across a variety of sectors have tested out a four-day work week and have seen strong performance and productivity within workers since doing so.
Mortgage rates decrease for third week in a row
The PMMS 30-year mortgage rate released by Freddie Mac dropped for the third week in a row after reaching a 20-year high this year caused by Fed rate hikes.
Fed's preferred inflation gauge shows prices cooled in October but remain painfully high
Inflationary pressures in the economy remain strong, a worrisome sign for the Federal Reserve as it tries to crush runaway prices without triggering a recession.



















