Small business sentiment plunges to 48-year low as inflation worries mount
Economic confidence among small business owners plunged to another low in June as worries over scorching hot inflation and an incredibly tight labor market mount.
UAE sees high fuel prices after becoming accustomed to cheap gas
Gas prices have spiked in the United Arab Emirates since the beginning of this year, a different reality in a region where fuel had been cheap in recent years.
Nord Stream Russian gas pipeline enters shutdown, Europeans fear extended delay
Maintenance begins Monday on the Nord Stream 1 pipeline, the biggest single pipeline carrying gas from Russia to Europe. Companies fear the war in Ukraine will delay reopening.
Americans' inflation expectations hit a fresh 11-year high in June, New York Fed says
Americans expectations for where inflation will be one year from now surged in June, according to a Federal Reserve survey that likely has implications for interest rate hikes.
Another interest rate hike likely this month, Fed minutes show
The latest Federal Reserve minutes show another 75 basis point rate hike could be on the way in July as the Fed combats decades-high inflation.
June job growth revealed amid recession fears
The jobs report in June was strong, despite risks of a recession on the horizon. Here's what that means for interest rates.
GOP hammers Biden for allowing emergency oil reserves to go to China: 'compromising our energy security'
Multiple House Republican leaders slammed the Biden administration Thursday after reports showed that emergency oil supplies have been sent to nations including China.
Oil industry group says White House ‘intern’ who wrote Biden’s tweet on high gas prices should take ‘Econ 101’
The U.S. Oil and Gas Association replied to President Biden's tweet on high gas prices, saying the "intern" who wrote the president's post should attend an economics class.
Costco ends gas exception for New Jersey drivers
New Jersey drivers will have to show proof of Costco membership in order to purchase gas at their pumps as the company changes their policy after 18 years.
Former top Trump official rips Biden administration's recent oil drilling proposal reducing lease sales
Former Interior Secretary David Bernhardt took aim at a Biden administration proposal released last week that gutted a Trump-era framework boosting offshore oil and gas production.
White House fires back at Jeff Bezos over gas price attack: 'Not surprising'
The White House hit back at billionaire Jeff Bezos on Sunday, blaming gas companies for keeping prices high at the pump even when base prices fell.
Biden administration unveils oil and gas drilling plans, gutting Trump-era framework
The Department of the Interior unveiled its long-awaited plan for offshore drilling, including the possibility of holding between 0-11 lease sales through 2028.
Best, worst states for summer road trips in 2022: Report
WalletHub released a report that found the best and worst states for summer road trips in 2022, based on each state’s costs, safety and activities. New York was at the top of the list.
Biden repeats false claim that US has lower inflation than rest of world
President Joe Biden repeated his claim that the U.S. has lower inflation than most other countries in the world, an assertion contradicted by economic data.
GDP in Q1 worse than estimated – what this means for interest rates
The GDP contraction was revised once again, moving to -1.6% for the first quarter of 2022. Here's what that means for recession forecasts and interest rates.
Ben & Jerry's ice cream sales to continue in Israel after Unilever reaches deal
Unilever announced it had sold its Ben & Jerry’s business in Israel, following an extensive review, calling the decision the "best outcome" for the brand there.
Flight cancellations, delays put Americans' trust in airlines to the test
Travelers at a national airport outside Washington, D.C., shared how ticket prices, flight cancellations and delays have impacted their trust in airlines.
Top Republican aims to force Biden admin to hold canceled oil and gas lease sales
Rep. Dave Joyce, the top Republican on an appropriations subcommittee, introduced a measure Wednesday that would force the Biden administration to hold lease sales it canceled in May.
Gas prices surge to $5 per gallon, reaching all-time high: AAA
Gas prices hit $5 per gallon in June, marking a new all-time high, according to data from AAA.
US likely in the 'front-end of a recession': Larry Kudlow
FOX Business host Larry Kudlow told 'Mornings with Maria' that the United States is "probably on the front-end of a recession" following the GDP release Wednesday.


















