Economic Indicators

Consumer demand for homes is dying down as mortgage rates rise. With an interest rate hike expected from the Fed next week, rates could continue to move higher. Here's how you can get the best interest rate.

Department of Transportation Secretary Pete Buttigieg touted declining gas prices after suggesting that pain at the pump was good for transitioning to electric vehicles.

The Labor Department on Thursday released new data on jobless claims, revealing that the labor market is beginning to cool as the Federal Reserve raises interest rates.

The job market in July could see a significant shift in hiring, according to a new AI-driven report. Here's what jobs are expected to be the most need, and where it will occur.

The odds of a global recession are about 50%, Citi economists said in a new analyst note, warning there is a "real and present danger" of a downturn.

Biden administration officials have said a return to the Iran nuclear deal could help drive down gas prices as frustration at the pump continues.

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.