LNG traders absorb huge losses after supply outages
Major energy traders are losing hundreds of millions of dollars as they scramble to plug a liquefied natural gas supply gap after serval outages prevented efforts to fill storage.
Home listings surge at record rate as housing market starts to cool
Active home listings climbed more than 30% in July, evidence that higher mortgage rates are starting to cool consumer demand for new houses, a new report showed.
Small business sentiment hovers near historic low as inflation rages
Small business optimism rose slightly in June but is still hovering close to a historic low as owners confront rampant inflation and a persistent worker shortage.
Can you shop at Costco without a membership? A breakdown of the retail giant's membership plans
Costco is a retail warehouse that allows customers to purchase items at discounted prices as long as they sign up for an annual membership.
Job growth surged in July, recovering all employment lost during pandemic
The employment report from July showed job gains were significantly higher than economists expected.
July jobs breakdown: Which industries hired the most workers last month?
U.S. job growth unexpectedly accelerated in July, with the leisure and hospitality industry leading the way in hiring, according to new Labor Department data.
Labor Secretary Marty Walsh: 'None' of the inflationary pressures caused by Biden admin
Labor Secretary Marty Walsh explained the moves the Biden administration has taken to try and lower costs for Americans as inflation sits at a four-decade high.
July jobs report expected to show hiring dwindled as labor market cools off
The Labor Department's July employment report is expected to show that U.S. job growth cooled off last month as companies pulled back on hiring amid record-high inflation.
Gas prices drop amid wavering consumer demand, AAA says
Gas prices fell last week as consumer demand dropped from last year, and this downward trend could continue in the coming weeks, according to AAA.
Older Americans more concerned with inflation, cut back on spending: report
Older Americans are concerned with inflation and cutting back on spending, a new report claims. Here are a few ways you could save.
Republican states are planning an all-out assault on woke banks: 'We won’t do business with you'
Republican states are preparing policies seeking to hit back at banks and financial institutions that have pledged to boycott fossil fuel investments as part of their green agenda.
Jobless claims climb again, hovering near 8-month high
New applications for unemployment benefits ticked higher last week, evidence that the historically tight labor market is starting to loosen amid record-high inflation.
Port of Los Angeles says operations much better: 'We don't expect a backlog of ships'
The Port of Los Angeles said Tuesday that operations are much better right now than earlier this year. The U.S was hit by supply chain disruptions in November.
These are the top retirement income concerns for many older Americans, according to a survey
In a recent survey, many older Americans said inflation is changing their retirement plans.
Uber will let drivers see how much they make from rides before accepting them
Uber's CEO, Dara Khosrowshahi, announced a new feature that allows drivers to see how much they can make from a trip before accepting it.
Former oil exec warns recession comes alongside energy crises: 'Gas will exceed $5 again' soon
Former CEO of Cumberland Farms Gulf Oil Group Joe Petrowski forecasted on Monday that "retail gasoline prices will exceed $5" by the end of the summer.
Billionaire investor Ray Dalio warns US can't keep spending and bring down inflation
Billionaire investor Ray Dalio analyzes the U.S. economy and the Federal Reserve's role as the Biden admin. tries to alleviate soaring inflation rates.
Sen. Sherrod Brown blames Fed Chair for misleading Biden on inflation
Sen. Sherrod Brown criticized the Federal Reserve chair in a recent Fox Business interview, saying his talk of inflation being transitory mislead the president.
Fed's preferred inflation gauge climbs 4.8% in June, holding near 40-year high
The personal consumption expenditures index, which is closely watched by the Federal Reserve as it tries to wrestle inflation back to 2%, rose more than expected in June.
What's driving the shift in Americans' habits behind the wheel?
GasBuddy head of petroleum analysis Patrick De Haan noted that there is a downtrend in gas prices and explained what could cause them to come back up.



















