U.S. Economy

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.

DiPaola Turkey Farms' owner explains how rising corn and soybean costs led to a difficult decision to raise Thanksgiving turkey prices for loyal customers.

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.

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.

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.

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.

ExxonMobil and Chevron posted massive quarterly profits as Middle East and Russia-Ukraine conflicts drove gas prices up 34.2% year over year.

An apparent explosion at the Quaker Oats plant in Cedar Rapids sent thick black smoke over downtown Iowa as firefighters battled the massive blaze.

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 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.

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.

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 advisor Kevin Hassett says rising energy costs contributed to disappointing inflation data, while bank executives report that consumers continue to spend.

The Treasury Department announced approximately $1.21 billion in penalties against Bank of America over failures to investigate suspicious transactions and comply with U.S. sanctions laws

At least eight transportation-related companies sought Chapter 11 protection in September as the trucking industry grapples with higher fuel costs.

Energy Secretary Chris Wright says truckers could see diesel price relief by Saturday after Trump signed an order expanding red-dyed diesel access.

JD Vance announced $150 million in Defense Production Act funding for Alaska's Beluga-Healy Transmission Project, promising lower energy costs statewide.

Art Laffer warns California's Proposition 40 wealth tax on billionaires could trigger a massive exodus and devastate the state's economic future.

Irish Prime Minister Micheál Martin eyes Kerrygold butter for tariff relief next after Trump's public commitment to lift duties on Irish whiskey exports.

Mauricio Umansky says bringing business back to California is critical as Xavier Becerra and Steve Hilton offer competing visions for governor.