Missouri latest state to divest from BlackRock over ESG initiatives: 'Woke political agenda'
Missouri State Treasurer Scott Fitzpatrick announced his state's retirement system would sell $500 million in pension funds managed by BlackRock over the bank's left-wing initiatives.
US government says all Americans will pay much more for natural gas this winter
A new report from the Energy Information Administration (EIA) indicates that Americans can expect to pay higher fees for natural gas this winter.
New England risks winter blackouts as gas supplies tighten
New England, known for its cold winters, is at risk of rolling blackouts this winter because of increased competition with the European Union for liquified natural gas.
Average American family has now lost $6,000 in annual wages under Biden due to inflation
The average American worker has lost $3,000, and the average family has lost $6,000 in annual wages, thanks to rising inflation under President Biden.
Social Security Administration to make substantial COLA increase in 2023, but is it enough for retirees?
The Social Security Administration announced a substantial increase for beneficiaries in 2023, marking the highest COLA increase in more than 40 years.
Kroger, Albertsons to merge in $24.6B deal
Kroger is acquiring Albertsons for $34.10 per share in a deal valued at around $24.6 billion. Kroger CEO Rodney McMullen will continue to lead the combined company.
Mortgage rates resume their climb
Freddie Mac said the 30-year fixed-rate mortgage hit it's highest level since 2002 this past week, reaching a high of 6.92%. This is up from 3.05% a year ago in Oct. 2021.
Russia's Putin says he has nothing to do with European energy crisis
Russian President Vladimir Putin claimed he and his war in Ukraine have nothing to do with the energy crisis plaguing Europe as nations brace for winter.
Pushing back against ESG movement, conservatives propose pro-fossil fuel board member for Exxon Mobil
A conservative group wants a pro-fossil fuel lawyer and scientist on the board of Exxon Mobil Corp., in an effort to confront an "insurgency" of pro-ESG members
Wholesale inflation rises more than expected in September, with prices jumping 8.5%
The producer price index, which measures inflation at the wholesale level before it reaches consumers, remains at a multi-decade high, the Labor Department said Wednesday.
US corporate bond ETFs plunge in global debt market rout
Corporate Bond ETF's in the US, including many of BlackRock's, sink further as the UK bond market and US inflation have investors weary of a global debt crisis.
Americans' inflation expectations dropped again in September, New York Fed says
The New York Federal Reserve released a closely watched survey on Tuesday revealing that Americans' inflation expectations dropped in the short-term again.
Nobel prize in economics awarded to trio including former Fed Chair Ben Bernanke
The award to Bernanke cited a 1983 publication establishing bank failures as key to the transformation of an economic recession into the most severe depression of the 20th century.
California accuses oil industry of price gouging, Valero hits back
Valero is denying California regulators' accusations of price gouging amid a drop in crude oil prices, pointing instead to the state's regulatory environment.
Larry Kudlow: Did someone say economic security — or did someone say stupid?
FOX Business host Larry Kudlow rips President Biden's economic and energy agenda as Americans continue to face inflation on "Kudlow."
Biden blames Russia, Saudi Arabia for rising gas prices, takes credit for recent dip
President Biden, speaking at a Volvo manufacturing plant in Hagerstown, Maryland, on Friday, blamed OPEC+ for the country's inability to lower historically high gas prices nationwide.
Ro Khanna urges Biden to get tough on Saudi Arabia after OPEC oil cut: To do this to America is 'outrageous'
Rep. Ro Khanna, D-Calif., said Biden's priority is to lower gas prices and he should get tougher on Saudi Arabia after OPEC moves to cut oil production.
Job growth slows in September but remains strong
Job growth slowed in September but remains strong. And economists suspect the labor market could slow significantly further in the months ahead.
UK warns of three-hour winter blackouts if gas supplies fall short
The U.K. national power operator has warned that citizens should brace for up to three-hour energy blackouts this winter in the 'unlikely' event gas supplies dwindle.
Biden looking at 'alternatives' after OPEC 'disappointment,' doesn't rule out easing Venezuela sanctions
President Biden told reporters the decision by OPEC+ was a 'disappointment' and said the White House was looking for other 'alternatives.'


















