U.S. Economy

Former Federal Reserve System board of governors chair Alan Greenspan died on Monday, his wife Andrea Mitchell of NBC News noted in a statement.

Rep. Ro Khanna backs Trump's Iran deal but questions why hundreds of billions go to Iran's development instead of struggling American communities.

It’s important to remember how badly America has crippled Iran’s military and its economy

Omaha Steaks CEO says ranchers must retain female cattle for breeding, delaying supply recovery as America's beef crisis persists amid strong demand.

Today’s inflation report is a reminder that this war will end soon and oil and gasoline prices will come down significantly

The Bureau of Labor Statistics released the consumer price index (CPI) inflation data for May which showed that inflation rose and remained persistently high last month.

Walmart CEO John Furner said rising fuel costs are placing increasing pressure on consumers, with lower-income households showing growing signs of financial strain.

Federal Reserve Beige Book finds inflation rising at a strong pace across most districts, driven by energy costs tied to the Middle East conflict.

UBS portfolio manager Jason Katz says investors should look beyond AI stocks, pointing to consumer discretionary as a potential area of opportunity.

Costco topped third-quarter sales expectations as its gas stations hit record volumes amid surging fuel prices and growing consumer price sensitivity.

Not only are we not going into a recession — the economy is booming.

New York City Mayor Zohran Mamdani’s $22 billion housing proposal is drawing criticism from a business leader and a Republican lawmaker who warn parts of the plan could discourage developers and investors from building in the city.

Kevin Hassett expects inflation to fall by year's end as energy prices decline, pointing to strong economic momentum and falling Treasury yields.

Fed minutes reveal policymakers worried about energy prices and tariffs driving inflation higher when they held interest rates steady in April.

Malls are redesigning spaces with social media-friendly features and experiences like rock climbing to attract Gen Z shoppers and their spending.

Sen. Josh Hawley, R-Mo., is introducing a bill to temporarily pause the federal gas tax, his office told Fox News on Monday.

Rising gas prices push lower-income consumers to rely more on credit as fuel costs climb to their highest share of household income since March 2022

Rising gas prices amid the Iran war are hitting low-income households hardest, creating a K-shaped consumption pattern, a New York Fed report finds.

The White House predicts 4% economic growth as companies race to build factories fueled by AI investment and bonus depreciation tax policies.

The AAA national average price for regular gas has surged to $4.536 amid ongoing tensions between the U.S. and the Islamic Republic of Iran.