Gas prices drop again, but uncertainty remains: AAA
Gas prices decreased this week. But several factors ranging from the Federal Reserve’s actions to lower inflation and the war between Russia and Ukraine could push prices higher in the coming weeks.
Dominos, Papa John’s address pizza delivery challenges
Domino's and Papa John's have been facing pressures in their delivery business from high inflation forcing customers to eat at home as well as staffing issues.
Kamala Harris says Biden admin has reduced heat, electric costs amid record prices
Vice President Kamala Harris touted the Biden administration's efforts to lower energy costs.
Top Republicans double down on efforts to rein in SEC Gensler's climate proposal
Leading Republicans on the House Financial Services and Senate Banking committees are doubling down on attempts to rein in Wall Street’s top cop Gary Gensler.
Office landlord defaults are escalating as lenders brace for more distress
Brookfield Asset Management recently defaulted on a total of over $750 million in debt for a pair of 52-story towers in Los Angeles, according to a February securities filing.
Household debt skyrockets to highest level since 2008 financial crisis
U.S. households are racking up debt as they confront rising interest rates and high prices for everyday necessities, according to a WalletHub analysis.
CEOs taking pay cuts as uncertain economic conditions weigh
Chief executives at major tech companies and Wall Street firms are taking pay cuts this year as high inflation and the potential for a recession weigh.
Small business is booming. Here are 6 ways for entrepreneurs to keep thriving
Small business is booming since the pandemic. Here are six ways for entrepreneurs to keep thriving, but they need big government to stay out of the way.
Gas prices hold steady as supply grows: AAA
Gas prices dropped slightly this week and are projected to continue falling from their 2022 highs, according to reports. Here is how to keep your overall auto payments down.
Booming oil exports boost US role as global price maker
A spurt in U.S. crude production over the past decade has pushed exports to new heights.
Ford cutting 3,800 European jobs in EV push
Ford will cut around 3,800 jobs in product development and administration in Europe as the U.S. automaker cuts global costs to expand more in electric vehicle market.
Biden to sell 26 million barrels more from the Strategic Petroleum Reserve
The Biden administration announced that 26 million barrels of oil will be sold from the Strategic Petroleum Reserve from April through June under a pair of Obama era laws.
Chevron weighs extending CEO Mike Wirth past mandatory retirement age
Mike Wirth is in his fifth year as chief executive of Chevron. High oil and natural-gas prices lifted Chevron’s annual profit last year to a record $35.5 billion.
West coast pipeline leak near Los Angeles has halted gasoline deliveries in several states
A pipeline leak near Los Angeles has shutdown deliveries of gasoline to some California cities and states including Nevada and Arizona
January rents had the smallest increase since May 2021
In January, median asking rent climbed 2.4%, which is the smallest increase since May 2021. It also marked the eighth consecutive month that rent growth has slowed, Redfin reported.
DeSantis ridicules Biden's off script oil and gas comments at State of the Union, slams energy policy
Florida Gov. Ron DeSantis mocked President Biden's statement at the State of the Union address Tuesday that the U.S. needs oil and gas production for the next decade.
Gas prices dip as economy recovers: AAA
Oil prices fell this week, according to a report by the AAA, but auto insurance remains high. Here’s how to lower your overall auto payments.
US trade deficit hit record in 2022
The trade deficit in goods and services was a seasonally adjusted $67.4 billion in December, the Commerce Department said Tuesday, up from a revised $61 billion in November.
Copper shortage gets real
A copper deficit might extend beyond 2023 as mining issues in the South American countries of Peru and South America threaten global supply.
California Gov. Newsom asks federal government to investigate high natural gas prices
California Gov. Gavin Newsom asked the Federal Energy Regulatory Commission on Monday to investigate unusually high natural gas prices in recent months.