Economic Indicators

French tableware brand Duralex is joining an array of European firms that are limiting production because of soaring energy costs provoked by Russia's war.

Strong earnings from the oil and gas sector could invite punitive taxes, but failed past tax policy could make matters worse, not better.

Job growth continued in August, though it was slower than last month, according to the Bureau of Labor Statistics.

Inflation showed signs of slowing down in July, but consumer prices remain well above the nation's 40-year high in certain parts of the country, the Labor Department reported.

Fossil fuel trade group Western Energy Alliance said it would appeal a federal court ruling issued last week that affirmed the Biden administration's policy delaying oil leases.

Former Trump deputy national security advisor Victoria Coates argued Biden has damaged the US-Saudi relationship by calling them pariahs, then begging for oil.

The Federal Reserve likely triggered a recession in the housing market with its interest rate hike campaign as rising borrowing costs price out first-time buyers.

OPEC+ announced a plan to cut supplies to the global economy by 100,000 barrels per day next month, which reverses their September increase by the same amount.

Russia state owned energy giant Gazprom has extended its pipeline shutdown indefinitely, missing its Saturday deadline to restart natural gas supplies to Europe.

U.S. employers added 315,000 jobs in August, opening the door to another super-sized interest rate hike when Fed policymakers meet at the end of September.

The Labor Department's August jobs report released Friday showed that hiring remained healthy last month, thanks to broad-based hiring by U.S. companies.

The economy is likely to see modest growth in the second half of 2022, followed by a mild recession next year, according to Fannie Mae's latest forecast.

Federal Reserve Chair Jerome Powell spoke at the Jackson Hole conference last week, saying that Americans will likely feel the financial burden as the Fed doubles down on decreasing inflation.

The U.S. economy likely added 300,000 jobs in August, a solid figure that could raise the odds of another super-sized Federal Reserve rate hike later this month.

The conservative think tank Just Facts promoted research during the coronavirus pandemic at least eight times that was at first dismissed but ultimately shown to be correct.

The board chair of Russia's largest private oil company, Lukoil, has died. Russian news agencies reported Ravil Maganov fell from a hospital window in what may have been a suicide.

GasBuddy head of petroleum analysis Patrick De Haan reveals what could cause falling gas prices to rise again and the best times to drive over Labor Day Weekend.

Applications for unemployment insurance fell again last week, indicating that employers are still avoiding layoffs in the historically tight labor market.

This year, 31 states have enacted some form of tax cut or rebate. Missouri and Idaho are likely to increase this number aiming to relieve constituents of high inflation.

New York mayor Eric Adams and the New York City Taxi and Limousine Commission announced an agreement with the city's largest medallion lender to provide debt relief to owners.