Economic Indicators

Energy experts and reps panned President Biden's plan to refill the SPR as not enough to provide true energy security after his releases from the cache.

A preliminary University of Florida report has estimated that losses to the Florida agriculture industry following Hurricane Ian are as high as $1.56 billion.

President Biden announced Wednesday that his administration would be releasing an additional 15 million barrels of oil from the nation's strategic reserves.

Inflation has caused British food prices to soar at the fastest pace in over 40 years through the month of September, causing demands that the government step up to help citizens.

Spending thousands of dollars in gas each week, Freed's Bakery in Las Vegas had to cut back on deliveries and raise prices, while some employees cut hours to save on commute costs.

White House press secretary Karine Jean-Pierre touted savings at the gas pump on Tuesday despite elevated gas prices from two years ago.

Missouri State Treasurer Scott Fitzpatrick announced his state's retirement system would sell $500 million in pension funds managed by BlackRock over the bank's left-wing initiatives.

A new report from the Energy Information Administration (EIA) indicates that Americans can expect to pay higher fees for natural gas this winter.

New England, known for its cold winters, is at risk of rolling blackouts this winter because of increased competition with the European Union for liquified natural gas.

The average American worker has lost $3,000, and the average family has lost $6,000 in annual wages, thanks to rising inflation under President Biden.

The Social Security Administration announced a substantial increase for beneficiaries in 2023, marking the highest COLA increase in more than 40 years.

Kroger is acquiring Albertsons for $34.10 per share in a deal valued at around $24.6 billion. Kroger CEO Rodney McMullen will continue to lead the combined company.

Freddie Mac said the 30-year fixed-rate mortgage hit it's highest level since 2002 this past week, reaching a high of 6.92%. This is up from 3.05% a year ago in Oct. 2021.

Russian President Vladimir Putin claimed he and his war in Ukraine have nothing to do with the energy crisis plaguing Europe as nations brace for winter.

A conservative group wants a pro-fossil fuel lawyer and scientist on the board of Exxon Mobil Corp., in an effort to confront an "insurgency" of pro-ESG members

The producer price index, which measures inflation at the wholesale level before it reaches consumers, remains at a multi-decade high, the Labor Department said Wednesday.

Corporate Bond ETF's in the US, including many of BlackRock's, sink further as the UK bond market and US inflation have investors weary of a global debt crisis.

The New York Federal Reserve released a closely watched survey on Tuesday revealing that Americans' inflation expectations dropped in the short-term again.

The award to Bernanke cited a 1983 publication establishing bank failures as key to the transformation of an economic recession into the most severe depression of the 20th century.

Valero is denying California regulators' accusations of price gouging amid a drop in crude oil prices, pointing instead to the state's regulatory environment.