Economic Indicators

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.

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.