Gas prices estimate rises for 2027, though consumers could still see relief from pain at the pump: EIA
The EIA raised its 2027 gas price forecast 5% from last month, citing global petroleum supply constraints and wider crack spreads through year's end.
Thanksgiving shoppers face higher turkey prices as family farms struggle with rising costs
DiPaola Turkey Farms' owner explains how rising corn and soybean costs led to a difficult decision to raise Thanksgiving turkey prices for loyal customers.
Gas prices fall below $4 a gallon for first time since July
AAA data shows the national average gas price dropped below $4 a gallon for the first time in months as winter blend fuel and lower demand ease costs.
Consumer inflation rises faster than expected in October, CPI report shows
The Labor Department released the latest consumer price index data for October, which showed CPI inflation rose 0.4% on a monthly basis.
Trump admin pouring $480M loan into Gulf of America oil and gas project
The U.S. Energy Department touted the financial close of a $480 million loan targeted at helping to boost oil and natural gas production in the Gulf of America.
US economy adds 165,000 jobs in October, blowing past expectations
The Labor Department released the October 2026 jobs report on Friday which showed employers added 165,000 jobs amid economic uncertainty.
Private sector added 86,000 jobs in October, above expectations, ADP says
The figure reported on Wednesday is above economists’ estimates of an increase of 69,000 jobs. The prior month's reading was revised lower to 86,000.
Affordability takes center stage as Americans cast their ballots in high-stakes midterms
High prices for gasoline and other goods are key issues for midterm voters, with six in 10 Americans citing the cost of living as their chief concern.
Billionaire tax puts California’s economic future before midterm voters
The Golden State's Proposition 40 billionaire tax could raise far less than $100 billion as wealthy residents flee California before the vote.
Oil giants post billions in profits as Americans feel pain at the pump
ExxonMobil and Chevron posted massive quarterly profits as Middle East and Russia-Ukraine conflicts drove gas prices up 34.2% year over year.
Fed’s preferred inflation gauge rose in September as third-quarter GDP beats expectations
The Commerce Department released the Federal Reserve's preferred inflation gauge, which showed inflation trended higher in September, as third-quarter GDP rose more than expected.
Federal Reserve makes interest rate decision ahead of midterms
Federal Reserve policymakers left interest rates unchanged at their October meeting ahead of next week's midterm elections while inflation remains elevated.
Federal Reserve expected to hold interest rates steady in last decision before midterm elections
With midterm elections days away, the Federal Reserve faces a high bar for an October rate hike despite hotter-than-expected September CPI data.
Explosion, fire blast through Iowa Quaker Oats plant
An apparent explosion at the Quaker Oats plant in Cedar Rapids sent thick black smoke over downtown Iowa as firefighters battled the massive blaze.
Homebuyers get an advantage in dozens of US cities — but pay a steep price
Realtor.com's market clock shifted one hour toward buyers as rising mortgage rates above 7% boost inventory and prompt sellers to offer price cuts.
United CEO silent on $32M compensation after calling wealth gap a 'danger'
United CEO Scott Kirby stays mum on his $32 million compensation package after warning wealth inequality threatens society and calling for a national wealth tax and steep inheritance taxes.
Trump announces $8B bailout for farmers to cover diesel cost surge amid attacks on global supply
President Donald Trump announced the $8 billion Harvest Fuel Relief program at a Kansas rally to offset rising diesel costs for farmers during harvest season.
Treasury shows off new Trump dollar coin, urges Americans to spend it at liberal coffee shops
U.S. Treasurer Brandon Beach challenged Americans to use the new Trump dollar coins at liberal coffee shops in a Treasury Department TikTok video.
White House economic chief reveals why Americans aren't feeling optimistic about economy
White House advisor Kevin Hassett says rising energy costs contributed to disappointing inflation data, while bank executives report that consumers continue to spend.
Consumer inflation rose faster than expected in September, CPI report shows
The Labor Department released the latest consumer price index data for September which showed CPI inflation rose further from the Fed's target for the month.