U.S. Economy

Tensions in the Middle East and in Ukraine are causing oil prices to rise, increasing the price at the pump.

The Biden administration is abruptly canceling plans to replenish the Strategic Petroleum Reserve, which the president has depleted to fight high gasoline prices.

A new analysis from Bankrate revealed that homebuyers need to pull in a six-figure salary to afford a typical median-priced home in nearly half of the states in the U.S.

A recent WalletHub survey revealed that a majority of consumers, about three in four people, believe that tipping in the United States has gotten out of control.

Maryland Gov. Wes Moore on Sunday warned that industries ranging from farming to auto sales across the country would be hurt by the bridge collapse.

The personal consumption expenditures price index rose 2.5% last month, in line with expectations. On a monthly basis, prices rose 0.3%, slightly below economists' estimates.

Buying a home is getting increasingly difficult for first-time home buyers who typically put less money down in exchange for higher monthly payments, according to economists.

A trucking industry expert warned the economic damage from the Francis Scott Key Bridge collapse are going to be significant and long lasting because of its importance to the area.

Renting has become the more favorable options across all the top 50 metros tracked by Realtor.com as mortgage rates and home prices continue to remain elevated.

Redfin Chief Executive Glenn Kelman argued that the housing supply crisis can be addressed as states focus on deregulation, which would help boost inventory.

Although demand is down, gas prices are still rising due to an increase in oil prices.

Mortgage rates are on the rise again and approaching 7% as economists warn that rates are expected to stay elevated for longer than previously projected.

Dairy Queen and Rita's are continuing their tradition of offering free ice cream and Italian ice on the first day of spring in order to lure customers back in to their shops.

Sellers may be poised to benefit from the recent National Association of Realtors' settlement because it could let them keep a greater portion of their home equity.

Unilever announced Tuesday that its cutting jobs worldwide and plans to spin off one of its business units and slims down operations to drive productivity.

Joann Inc. stores are set to stay open while the company looks to restructure financially, according to a company bankruptcy announcement Monday.

FOX Business' Madison Alworth gets an inside look at Lockheed Martin's Marietta, GA plant and at the aerospace company's iconic C-130 'Hercules.'

The national average cost for a gallon of gas increased this week as temperatures rise and manufacturers switch to more expensive summer fuel.

Californians will be tasked with adapting to a newly proposed statewide law that will bill people based on income rather than their electricity usage.

Gas prices have hit a four-month high at a time when families are already dealing with the continuing pressures of inflation, which rose faster than expected in last month.