U.S. Economy

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.

While it may be a good idea in some industries, Lyft CEO David Risher believes the government shouldn't be involved when it comes to setting prices for ride-sharing companies.

Higher oil prices and growing gas demand contributed to gas prices rising this week.

Homebuyers now need about $47,000 more than they did in 2020 to comfortably afford a home, according to a recent report. Median income has risen 23% during that time.

The national average cost for a gallon of gas increased to $3.31 per gallon.

Citi is cutting nearly 300 positions across three different units in New York as it continues its sweeping layoff effort to save between $2 billion and $2.5 billion in costs.

GDP increased at a 3.2% annualized rate last quarter, revised slightly down from the previously reported 3.3% pace, the Commerce Department's Bureau of Economic Analysis said.

Kellogg is facing backlash for suggesting consumers eat cereal for dinner. The messaging comes as the cost of food is taking a huge bite out of consumers' budgets.

The Federal Trade Commission is suing to block Kroger's proposed $24.6 billion deal to buy a major rival, saying it would lead to higher prices for millions of Americans.