U.S. Economy

While the White House has done a victory lap on falling gasoline prices, federal energy agencies and independent consumer groups have sounded the alarm on heating costs this winter.

Following the better-than-expected GDP result on "Varney & Co.," FOX Business host Larry Kudlow examines the ailing U.S. economy ahead of the midterms.

Anthony and Deana Sharper of Charlotte, North Carolina were sentenced to prison after stealing $239,000 from a high school athletic booster club.

Conservation and recent unseasonably warm weather have eased fuel supply concerns in the wake of Russian President Vladimir Putin's invasion of Ukraine

Consumer confidence dropped in October after rising the past few months as inflation — and particularly the cost of gas and groceries — has taken a toll.

Recent polling shows voters' top concerns shift focus to the economy and inflation, giving Republicans an edge in the upcoming midterm elections in November.

Additional fees on shipping have helped carriers mitigate rising costs through the pandemic and after Russia’s invasion of Ukraine, which sent fuel prices soaring.

GasBuddy head of petroleum analysis Patrick De Haan joined 'Varney & Co.' Monday to discuss gas and home heating oil prices going into the winter months.

House GOP leadership ripped the White House on Thursday after it celebrated projected gas price declines, saying the administration is hampering long-term energy production.

American Petroleum Institute's Mike Sommers argues Biden tapping into the oil reserve could put the U.S. in a "very precarious situation" with "dramatic geopolitical upheaval."

A pipeline welder who worked on the Keystone XL project slammed President Biden on Wednesday after the White House announced measures intended to lower gas prices.

Energy experts and reps panned President Biden's plan to refill the SPR as not enough to provide true energy security after his releases from the cache.

A preliminary University of Florida report has estimated that losses to the Florida agriculture industry following Hurricane Ian are as high as $1.56 billion.

President Biden announced Wednesday that his administration would be releasing an additional 15 million barrels of oil from the nation's strategic reserves.

Inflation has caused British food prices to soar at the fastest pace in over 40 years through the month of September, causing demands that the government step up to help citizens.

Spending thousands of dollars in gas each week, Freed's Bakery in Las Vegas had to cut back on deliveries and raise prices, while some employees cut hours to save on commute costs.

White House press secretary Karine Jean-Pierre touted savings at the gas pump on Tuesday despite elevated gas prices from two years ago.

Missouri State Treasurer Scott Fitzpatrick announced his state's retirement system would sell $500 million in pension funds managed by BlackRock over the bank's left-wing initiatives.

A new report from the Energy Information Administration (EIA) indicates that Americans can expect to pay higher fees for natural gas this winter.

New England, known for its cold winters, is at risk of rolling blackouts this winter because of increased competition with the European Union for liquified natural gas.