U.S. Economy

The Bureau of Land Management delayed three oil and gas lease sales for the second time this month to complete environmental reviews and "allow time for protest resolution."

President Biden is considering pausing the federal gas tax, but critics say the suspension could ultimately cause already red-hot inflation to spike even higher.

Oil analyst Stephen Schork argued on Tuesday that gas prices are at “unprecedented” levels that Americans “simply cannot afford” and that he believes a recession is inevitable.

President Biden said he is considering a federal gas tax holiday, although his ex-boss, former President Obama, called such a move a “gimmick” in 2008.

Z's Buddies food truck chef Hector Pliego of San Diego joined "Fox and Friends" on Monday to discuss how high gas prices are impacting his small business.

In a Sunday interview, Treasury Secretary Janet Yellen said she does not believe that record-high gas prices are a result of the Biden administration's policies.

Two Virginia thieves stolen fuel from a gas station over several days using an unspecified device in an effort to resell the gas through an app, cops say

The White House is considering a plan to issue gas rebate cards to residents in order to temper inflation and keep families afloat despite record gas prices.

Nevadans blamed a number of issues including President Biden, COVID-19 and Russia's invasion of Ukraine for why Americans are feeling pain at the pump.

FOX Business host Larry Kudlow calls out President Joe Biden for going after the oil and gas industries as Americans see rising gas prices on "Kudlow."

The White House on Wednesday appeared to shift from blaming Russia's invasion of Ukraine to oil companies' profits for record-high high gas prices.

The average price for a gallon of gasoline jumped at least 21 cents in 10 states over the past week.

Homebuyer budget growth has slowed "significantly" which is a sign that home-price growth will continue to slow in the coming months.

FOX Business' Madison Alworth reports on the latest guidance from the White House and hears from travelers at Newark Liberty International Airport.

Gas prices nationwide reached $5 per gallon, according to AAA. It's a level not seen since the group began tracking the data in 2000.

The OECD became the latest international institution to downgrade the global economic outlook -- the result of inflation, the Russian war in Ukraine and COVID-19 lockdowns in China.

A Food and Drug Administration (FDA) advisory committee is meeting on Tuesday to discuss a request for emergency use authorization (EUA) for Novavax COVID vaccines.

Vaccine-maker Pfizer said Monday that it would invest $120 million at its facility in Michigan, boosting U.S.-based production of the PAXLOVID coronavirus pill.

Tesla CEO Elon Musk now says he expects the overall headcount at the electric automaker to grow over the next year but the number of salaried staff should be little changed.

FOX Business host Larry Kudlow rips President Biden's plan to address inflation and reveals a better plan to help the struggling U.S. economy on 'Kudlow.'