Economic Indicators

Bank of America updated its economic forecast to say the U.S. could experience a "mild recession" as soon as this year. Here's what that means for interest rates.

Senate Candidate Adam Laxalt, R-Nev., slams the Biden administration's inconsistent narrative on gas prices and inflation and argues Americans are still 'struggling.'

Summer food trucks are heading into their busy season, and owners are feeling the pinch of rising costs of supplies and ingredients while also grappling over fuel to keep the fryers going.

U.S. homebuilder sentiment fell in July to the lowest level in two years as rising borrowing costs and searing inflation forced consumers to pull back on spending.

Patrick De Haan, GasBuddy's head of petroleum analysis, explained what factors could prevent the price of gas from continuing to fall, warning that markets "are extremely tight.”

Copper prices have declined nearly 30% since the beginning of the year, a troubling sign as the commodity serves as a good barometer of economic health.

FOX Business' Lauren Simonetti interviews two Texas oil producers on their business despite President Biden's war on fossil fuels and trip to Saudi Arabia.

Gas prices dipped slightly over the past week, even as more Americans were on the road for the July 4th holiday, according to AAA.

The Federal Reserve could approve a historic, 100-basis point interest rate hike when they meet at the end of July following the sizzling-hot inflation data released this week.

Inflation accelerated more than expected in June, and economists say it could be a "long, hard slog" before prices begin to normalize, despite strong action by the Federal Reserve.

American Petroleum Institute CEO Mike Sommers ripped President Biden's approach to energy policy Thursday, saying his administration's agenda has contributed to inflation.

Inflation has continued to surge, surpassing 9% in June and hitting another new 40-year high. Here's what that means for interest rates.

Food banks across the country are seeing a surge in demand once again as the U.S. feels the impact of record-high inflation. More than 53 million got aid in 2021.

The European Union is seeking an oil deal with Azerbaijan as it attempts to cut oil dependence on Russia amid its war in Ukraine.

Consumer inflation accelerated again in June, hitting another 40-year high as the cost of everyday goods like food, energy, rent and used cars soared higher.

Advance Auto Parts, Inc. has launched a "Drive of Your Life" contest that'll give drivers a chance at winning free gas for a year as Americans have faced higher gas prices in 2022.

Painfully high inflation persisted in June as the consumer price index soared to another 40-year high, adding to a growing list of political problems for the Biden administration.

Inflation is expected to have surged again in June, with the Labor Department's consumer price index likely climbing by 8.8%, notching another four decade high.

Former Federal Reserve Bank of Philadelphia President Charles Plosser urges the Fed to stay committed to bringing inflation down after not acting sooner.

While the Fed continues to raise interest rates, experts are unsure about what it will mean for the economy. One expert said these moves are not likely to cause a recession.