Economic Indicators

President Joe Biden criticized the recent earnings of major oil companies, urging them to invest profits in increasing production or face possible penalties.

The comments at an Abu Dhabi Petroleum Conference shows the divide between the US and Gulf Arab countries it supports militarily in the wider Middle East.

FOX Business host Larry Kudlow laid out the price surge under the Biden Administration and the impact it's having on the midterms on 'Kudlow.'

More employees are being ghosted by job recruiters as recession fears continue to grow and certain industries lay off some of its workforce, according to experts.

Energy experts criticized President Biden on Friday after he claimed a day earlier that gasoline prices were more than $5 a gallon when he took office.

A new report that looked at data from food service establishments across the country found restaurants have reduced their operating hours by 7.5% since 2019.

Inflation may take some time to normalize, according to former Treasury Secretary Larry Summers, who pointed to the history of developed nations since the 1970s.

A Philadelphia Phillies win against the Houston Astros in the World Series could lead to economic troubles. The Phillies beat the San Diego Padres to advance to the Fall Classic.

While the White House has done a victory lap on falling gasoline prices, federal energy agencies and independent consumer groups have sounded the alarm on heating costs this winter.

Following the better-than-expected GDP result on "Varney & Co.," FOX Business host Larry Kudlow examines the ailing U.S. economy ahead of the midterms.

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.