GOP lawmakers propose balanced budget amendment as US nears debt ceiling
Republican lawmakers are offering proposals to add a balanced budget amendment to the Constitution as the U.S. is poised to hit its debt ceiling Thursday.
Exxon set to order 5th Guyana oil vessel, sizing up more blocks
Guyana is hosting an auction for licenses to explore more of its offshore oil fields. Exxon currently dominates these oil fields, but other players smell blood.
Budget cap battle brewing between GOP, Dems as debt limit looms
Democrats and Republicans in Congress are set to debate spending and the national debt as the federal government faces a looming deadline to raise the debt limit.
Small business owners explain why banning gas stoves isn't for everyone
Northwoods Stove & Fireplace owners Brian and Holly Duffy argue small, rural towns can't afford to rid of gas appliances.
US debt ceiling will require Treasury 'extraordinary measures' to avoid default
With the U.S. on track to hit the debt ceiling limit next week, Treasury Secretary Janet Yellen warns 'extraordinary measures' will be taken to navigate the crisis.
Larry Kudlow: A political and fiscal drain from clogged Democratic arteries could invigorate a shaky economy
FOX Business host Larry Kudlow breaks down the U.S. debt ceiling and reveals how the House GOP can revive the economy by proposing a budget resolution on "Kudlow."
$31.4T government debt limit close to maxing out
The federal government is expected to reach its debt limit in the next few weeks which will prompt the Treasury to take extraordinary measures to stave off default.
American families have lost $7,400 due to inflation, rate hikes under Biden: Heritage
Research by the Heritage Foundation found the average American household has lost the equivalent of $7,400 in annual income due to inflation and high interest rates.
Courts allow Texas natural gas project to proceed
A ruling by a panel of the 5th Circuit Court of Appeals in New Orleans, which upheld permits for a south Texas natural gas pipeline, dealt a serious blow to environmental activists.
Manchin slams Treasury Department for delay on electric vehicle tax credits
Democratic West Virginia Sen. Joe Manchin on Thursday slammed the Treasury Department over its decision to delay its rules on tax credits for electric vehicles.
Who’s getting a car for Christmas? Ask the people who sell giant bows
Some makers and sellers of car bows, the oversized decorations that sit on hoods and roofs, are reporting a steep decline in business this holiday season.
US poised to become net exporter of crude oil in 2023
As countries turn away from Russia after it invaded Ukraine, the US has become more attractive. This new demand could push US energy production higher.
'Worst' holiday gift survey suggests people don’t like fruitcake, weight-loss items or Christmas ties
A new consumer survey from Wish identified 10 of the "worst" holiday gift ideas from people who claim to have given and received bad gifts. Here's what made the list.
Memphis FedEx Express hub shipping out hundreds of millions of packages this holiday season
Millions of packages are on their way to their final destinations thanks to FedEx. Workers at the Memphis hub are working 24/7 to make sure all holiday packages make it in time.
US, Bill Gates-backed high-tech nuclear plant in Wyoming delayed
TerraPower, a venture founded by billionaire Gates said last year its $4 billion Natrium plant would be built in Kemmerer, a Wyoming town where a coal plant is set to shut in 2025.
JPMorgan Chase CEO Jamie Dimon: Government default would be ‘catastrophic’ ahead of funding deadline
Jamie Dimon said that Republicans and Democrats should address the debt ceiling now rather than risk a showdown later as they continue working to avoid a government shutdown.
How Exxon Mobil’s CEO views energy shortages and increasing profits
Exxon Mobil CEO Darren Woods sits down to discuss energy policy and security, after Ukraine, as well as carbon emissions and clean energy such as renewables.
Keystone oil spill could tighten US Gulf crude stocks
TC Energy's Keystone pipeline shut down after leaking 14,000 barrels of oil in a creek in Kansas. Keystone usually brings 600,000 bpd to US refineries.
Debt ceiling bomb nears as government spending balloons
The federal government will soon hit the debt ceiling, which means no additional borrowing can take place. Measures will be needed to make sure the ceiling is not breached.
USPS at highest processing capability ever this holiday season
With more employees and new machines installed at facilities nationwide, the U.S. Postal Service says it's confident it will see more on-time deliveries this holiday season.



















