U.S. Economy

The median U.S. asking rent rose to a mere 1.7% annually in February, which was the smallest gain in nearly two years, according to Redfin.

Saudi Arabian Oil Co., also known as Aramco, announced it earned a record-high profit of $161.1 billion during 2022 following higher crude oil prices that soared mostly during Q3.

Gas prices increased for the week ending March 9, 2023. But global oil costs, low demand and other factors may lead to a drop in gas prices.

Layoffs are on the rise across various industries, although the tech industry has taken a huge hit in recent months. Amazon, Alphabet and Microsoft have all recently cut jobs.

Dollar Tree has been fined over $250,000 by the Labor Department for workplace safety violations at a location in Texas labeled as a "pattern of disregard."

Billionaire Warren Buffett issued a clear inflation warning and hit at 'disgusting' money manager behavior in his annual letter to Berkshire Hathaway shareholders.

Gas prices decreased this week. But several factors ranging from the Federal Reserve’s actions to lower inflation and the war between Russia and Ukraine could push prices higher in the coming weeks.

Domino's and Papa John's have been facing pressures in their delivery business from high inflation forcing customers to eat at home as well as staffing issues.

Vice President Kamala Harris touted the Biden administration's efforts to lower energy costs.

Leading Republicans on the House Financial Services and Senate Banking committees are doubling down on attempts to rein in Wall Street’s top cop Gary Gensler.

Brookfield Asset Management recently defaulted on a total of over $750 million in debt for a pair of 52-story towers in Los Angeles, according to a February securities filing.

U.S. households are racking up debt as they confront rising interest rates and high prices for everyday necessities, according to a WalletHub analysis.

Chief executives at major tech companies and Wall Street firms are taking pay cuts this year as high inflation and the potential for a recession weigh.

Small business is booming since the pandemic. Here are six ways for entrepreneurs to keep thriving, but they need big government to stay out of the way.

Gas prices dropped slightly this week and are projected to continue falling from their 2022 highs, according to reports. Here is how to keep your overall auto payments down.

A spurt in U.S. crude production over the past decade has pushed exports to new heights.

Ford will cut around 3,800 jobs in product development and administration in Europe as the U.S. automaker cuts global costs to expand more in electric vehicle market.

The Biden administration announced that 26 million barrels of oil will be sold from the Strategic Petroleum Reserve from April through June under a pair of Obama era laws.

Mike Wirth is in his fifth year as chief executive of Chevron. High oil and natural-gas prices lifted Chevron’s annual profit last year to a record $35.5 billion.

A pipeline leak near Los Angeles has shutdown deliveries of gasoline to some California cities and states including Nevada and Arizona