Economic Indicators

Gas prices are up from last month, but down $0.29 compared to last year.

Treasury Secretary Janet Yellen said Thursday that high prices are unlikely to decline en masse even though inflation has receded sharply in the past year.

With check fraud on the rise, banks are scrambling to find ways to prevent mounting losses from the crime. Now, a financial crime prevention firm is fighting back using AI.

Younger generations are using social media to learn about financial products such as life insurance. The pandemic forced younger generations to think about this insurance at a younger age.

Layoffs surged in 2023, and so far, it appears that trend is not slowing down. In the first month of the new year, companies across multiple industries announced cuts.

Bud Light is debuting a 60-second advertisement in this year's Super Bowl. It's the latest effort from the brand to drum up sales after a tumultuous year.

Lyft is promising to boost earnings for its drivers who are also seeking more transparency on where riders’ fares go. Moving forward, the company is guaranteeing a new pay standard.

Wells Fargo economists projected that spending for the Super Bowl will reach a record as consumers benefit from wage growth and lower prices on some goods.

The restaurant industry is expected to reach sales of over $1 trillion in 2024. However, operators are still battling high operating costs, cautious consumers and crime.

These cities topped the list of those with the largest inflation problem, according to a recent WalletHub survey.

Snap announced that it is cutting some global positions, making it the latest in a growing list of major technology companies to announce layoffs in 2024.

A spike in demand as winter weather thawed and higher oil prices pushed gas prices up this week.

Deutsche Bank is cutting about 3,500 back office positions as it seeks to rein in costs even after reporting its highest profit before tax in the last 16 years.

Walmart U.S. CEO John Furner will oversee a plan to make the retailer even bigger than it already is with 150 new stores over the next five years in an effort to reach more customers.

UPS said it plans to cut 12,000 roles in 2024, making it the latest company to announce plans to reduce its workforce. Amazon, Google, Citigroup and others have already announced cuts.

Issues in the Red Sea and the Panama Canal are going to cause issues for consumers in the U.S. during the spring and summer shopping cycle, experts warned.

Although prices are lower than they were last year at this time, they remain steady month over month.

Freight levels through the Suez Canal have plummeted by 45% since Iran-backed Houthi militants began attacking vessels in the Red Sea, risking higher inflation and food insecurity.

U.S. consumers have continued to power the economy with excessive spending, but they are racking up credit card debt and draining their savings to do so.

FOX Business' Stuart Varney explains why President Biden is delaying a decision on a Louisiana natural gas project that would be the largest in the U.S.