Inflation pushes consumer confidence to three-month low
Consumer confidence dropped in October after rising the past few months as inflation — and particularly the cost of gas and groceries — has taken a toll.
Global economic growth is weighed down by inflation, rising interest rates
A glut of government spending from the coronavirus pandemic, soaring energy prices, and zero-covid policies in China could cause another global recession.
South Carolina small business closes amid inflation, labor issues: Mom-and-pop shops 'don't work anymore'
With inflation high and challenges mounting, many small businesses around America are closing their doors. A restaurant co-owner joined "Fox & Friends First" to share why she had to close her business.
Builders say they’re ready for this housing slowdown. ‘I’ve Learned My Lesson.’
Home builders have learned lessons since the mortgage backed security housing crisis and Great Recession of 2007, 2008, and 2009, taking less risk with borrowing.
'It's the economy, stupid': Economists, pollsters weigh inflation's effects ahead of midterms
Recent polling shows voters' top concerns shift focus to the economy and inflation, giving Republicans an edge in the upcoming midterm elections in November.
Rising shipping costs prompt businesses to get creative with deliveries
Additional fees on shipping have helped carriers mitigate rising costs through the pandemic and after Russia’s invasion of Ukraine, which sent fuel prices soaring.
Inflation to remain high through 2024, recession on its way: MBA forecast
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.
Expert warns developing home heating oil shortage is around the corner as gas prices fall
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.
Fed says inflation concerns remain, will continue raising rates
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.
Republicans unload on White House for celebrating slight gas price declines: 'Out of touch'
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.
Biden just put the US in a ‘very precarious position’ with another sale of reserve oil, CEO warns
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."
Mortgage rates edge higher
Freddie Mac says mortgage rates are hovering just shy of 7%, adversely impacting the housing market in the form of declining demand.
Jobless claims unexpectedly drop to 214,000
Applications for unemployment insurance fell again last week, indicating that employers are still avoiding layoffs despite rapidly rising interest rates.
Former Keystone pipeline worker rips Biden after comments on oil production
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 say Biden plan to refill oil reserve could take years, won't fix policy problems
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.
Florida agriculture losses from Hurricane Ian could total $1.56B
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.
Biden defends US oil reserve release to fight rising gas prices before midterms: 'Not politically motivated'
President Biden announced Wednesday that his administration would be releasing an additional 15 million barrels of oil from the nation's strategic reserves.
UK inflation accelerates to 40-year high as food prices rise
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.
High gas prices force Las Vegas bakery, founded in 1959, to make changes: 'The abnormal feels normal'
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 claims Americans save $420 million at gas pump despite high prices
White House press secretary Karine Jean-Pierre touted savings at the gas pump on Tuesday despite elevated gas prices from two years ago.


















