Economy

Saudi Aramco CEO says the global energy market has lost about 1 billion barrels of oil supply amid the Iran war's disruption to Strait of Hormuz shipping.

President Trump says federal agencies must prioritize American-made products, pledging to close waiver loopholes and boost domestic manufacturing enforcement.

Rising gas prices push lower-income consumers to rely more on credit as fuel costs climb to their highest share of household income since March 2022

Nike faces a class action lawsuit alleging it failed to refund tariff-related costs passed to consumers through higher prices on footwear and apparel.

AI-driven wealth is fueling a luxury real estate surge in the Bay Area, with high-end home prices more than doubling gains seen in lower price segments.

Nearly all of the numbers coming in this spring are showing strength and resilience

Sen. Ted Cruz calls Trump accounts for newborns "Social Security personal accounts," saying they could build momentum for future payroll tax reform.

The U.S. economy added jobs at a modest pace last month according to the Labor Department's April 2026 jobs report that was released on Friday.

Rising gas prices amid the Iran war are hitting low-income households hardest, creating a K-shaped consumption pattern, a New York Fed report finds.

Recent college graduates are finding the best career opportunities in Southern cities like Birmingham and Tampa, according to a new ADP study.

Tesla is recalling more than 218,000 vehicles due to delayed rearview camera images that could increase the risk of a crash, according to the NHTSA.

Burlington plans to open more than two dozen new stores across 20 states in May as the discount retailer expands beyond 1,000 U.S. locations.

The White House predicts 4% economic growth as companies race to build factories fueled by AI investment and bonus depreciation tax policies.