U.S. Economy

The broader impact of President Trump's tariffs could cause food prices in the U.S. to rise at a time when grocery prices are still a pain point, experts say.

The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in line with economists' expectations.

Patrick De Haan, head of petroleum analysis at GasBuddy, warned Americans in the Midwest, the Rockies and the Great Lakes regions may be most affected by tariffs on Canada.

The U.S. economy grew at a rate of 2.3% in the fourth quarter of 2024, according to a new estimate released by the Commerce Department's Bureau of Economic Analysis.

A travel expert speaks on National Plan for Vacation Day about happenings at Disney parks this year and the importance of Americans using their time off.

Vice President JD Vance was pressed on Sunday during an interview about when grocery prices would come down for Americans following President Trump's first week in office.

The Trump administration announced plans to make housing more affordable, citing regulatory requirements as a main driver for why so Americans are unable to purchase homes.

Global coffeehouse chain Starbucks will cut corporate jobs as new CEO Brian Niccol continues to implement changes to bolster lagging sales and improve profitability.

President Trump previewed his administration's plans for energy policies in his inaugural address, including a national energy emergency and refilling reserves.

Thousand of Costco Teamsters across the U.S. are preparing to strike by the end of the month if the company does not present a "fair contract offer," the union says.

President-elect Trump selected Senate staffer Olivia Trusty for FCC commissioner on Thursday, a pick that would give Republicans control of the agency.

The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers of stubborn inflation experienced by consumers.

Malibu woman her husband, 5-year-old son and 11-month-old daughter are among many who fear the fate of being unhoused as the wildfires continue to claim homes.

The producer price index for final demand rose 0.2% last month after an unrevised 0.4% advance in November, the Labor Department's Bureau of Labor Statistics said on Tuesday.

After the fires are extinguished, a real estate economist told FOX Business that that movement in the market ill kick back up for homes that aren't damaged.

The Biden administration finalized a new rule that will prevent Americans from the harm caused by medical debt, including being coerced by debt collectors to pay bills they do not owe.

Industry experts say credit card swipe fees are taking a chunk out of Americans' spending power. But Electronic Payments Coalition claimed these processing costs are among the lowest.

Travel experts tell FOX Business that the number of people traveling to New Orleans won't be significantly impacted following the terrorism attack on New Year's Day.

Dollar Tree's interim CEO told analysts the company has strategies it can implement, such as changing or removing certain products to mitigate risks from tariffs.

This week's increase marked the highest level on the 30-year loan since mid-July, when the rate was 6.89%, according to mortgage buyer Freddie Mac data.