Economic Indicators

The interest rate hikes by the Federal Reserve intended to quell inflation are affecting mortgage rates, causing them to rise and leading to more homebuyers being sidelined.

The U.S. economy grew in the third quarter, but the turnaround is largely due to a narrowing trade deficit, which does little to dispel fears of a recession.

The GDP report out Thursday morning is likely to show that economic growth rebounded in the third quarter, but economists are still bracing for a recession.

Anthony and Deana Sharper of Charlotte, North Carolina were sentenced to prison after stealing $239,000 from a high school athletic booster club.

Conservation and recent unseasonably warm weather have eased fuel supply concerns in the wake of Russian President Vladimir Putin's invasion of Ukraine

Mortgage rates hit a 21 year high as home sales fell to the lowest level since 1997. Real estate sales hurt by the Feds high interest rates meant to curb inflation.

Consumer confidence dropped in October after rising the past few months as inflation — and particularly the cost of gas and groceries — has taken a toll.

A glut of government spending from the coronavirus pandemic, soaring energy prices, and zero-covid policies in China could cause another global recession.

With inflation high and challenges mounting, many small businesses around America are closing their doors. A restaurant co-owner joined "Fox & Friends First" to share why she had to close her business.

Home builders have learned lessons since the mortgage backed security housing crisis and Great Recession of 2007, 2008, and 2009, taking less risk with borrowing.

Recent polling shows voters' top concerns shift focus to the economy and inflation, giving Republicans an edge in the upcoming midterm elections in November.

Additional fees on shipping have helped carriers mitigate rising costs through the pandemic and after Russia’s invasion of Ukraine, which sent fuel prices soaring.

The Mortgage Bankers Association (MBA) released its economic forecast at its conference in Nashville on Sunday, saying that high inflation is likely to continue and a recession is looming.

GasBuddy head of petroleum analysis Patrick De Haan joined 'Varney & Co.' Monday to discuss gas and home heating oil prices going into the winter months.

The Federal Reserve's September meeting minutes revealed that it's prepared to continue raising interest rates in the coming months but has its eye on the state of the current economy.

House GOP leadership ripped the White House on Thursday after it celebrated projected gas price declines, saying the administration is hampering long-term energy production.

American Petroleum Institute's Mike Sommers argues Biden tapping into the oil reserve could put the U.S. in a "very precarious situation" with "dramatic geopolitical upheaval."

Freddie Mac says mortgage rates are hovering just shy of 7%, adversely impacting the housing market in the form of declining demand.

Applications for unemployment insurance fell again last week, indicating that employers are still avoiding layoffs despite rapidly rising interest rates.

A pipeline welder who worked on the Keystone XL project slammed President Biden on Wednesday after the White House announced measures intended to lower gas prices.