U.S. Economy

New York mayor Eric Adams and the New York City Taxi and Limousine Commission announced an agreement with the city's largest medallion lender to provide debt relief to owners.

Ukrainian President Volodymyr Zelenskyy tells European business leaders that Ukraine can be a 'stable' sources for energy if Russia's war effort does not stop them.

Diesel and heating oil inventories are dangerously low in the Northeast, prompting concerns as winter approaches and people begin

A Russian-owned natural gas compressor station operated by Gazprom has been burning gas at an excessive rate amid gas shortages in Europe.

California is set to ban the sale of emissions-producing vehicles by the year 2035 in an effort to reduce the state's contribution to global climate change.

A judge has rejected a request from Ben & Jerry's ice cream company to prevent its parent company from selling its product to be sold in Israeli settlements.

Lipow Oil Associates President Andy Lipow explained on 'Mornings with Maria,' Monday, the only 'substantive action' the Biden administration has taken to try and alleviate gas prices for Americans.

Gas prices slid back below $4 per gallon last week as demand continues to fall, according to AAA.

A federal judge struck down the federal oil and gas leasing moratorium Thursday evening, potentially ending the policy President Biden has pursued since taking office.

The largest oil and gas industry group outlined its opposition to Democrats' Inflation Reduction Act, arguing that the bill will lead to higher costs for companies and consumers.

President Biden approved a massive Gulf of Mexico fossil fuel lease sale, which his administration chose not to defend in court, when he signed the Inflation Reduction Act on Tuesday.

Sen. Joe Manchin, D-W.Va., admitted Tuesday that it would take some time for prices to come down nationwide following the signing of the Inflation Reduction Act.

Americans can expect to pay higher energy prices as a result of Democrats' massive climate and tax spending package, which President Biden signed into law on Tuesday, experts said.

JPMorgan CEO Jamie Dimon says that boosting natural gas production in the United States does not equate with being against climate change.

Schork Report principal Stephen Schork called out the Biden administration for claiming they are responsible for falling gas prices, stating it's due to a lack of demand.

Industry representatives, Sen. Joe Manchin and others are still debating competing claims on how Democrats' spending and tax bill will affect U.S. energy.

Gas prices continue to decline from a record-high national average of over $5 per gallon last month, dipping just before $4 per gallon for the first time since March.

Hungarian inflation rose at the fastest rate in nearly twenty-five years as consumer food prices continue to soar amid hikes in interest rates.

Major energy traders are losing hundreds of millions of dollars as they scramble to plug a liquefied natural gas supply gap after serval outages prevented efforts to fill storage.

Costco is a retail warehouse that allows customers to purchase items at discounted prices as long as they sign up for an annual membership.