Judge rules against Ben & Jerry's effort to pull product from Israeli shelves
A judge has rejected a request from Ben & Jerry's ice cream company to prevent its parent company from selling its product to be sold in Israeli settlements.
US new home sales plunge for sixth straight month to lowest level since 2016
Purchases of new homes in the U.S. fell even more than expected in July as record-high home prices and rising borrowing costs priced buyers out of the market.
Surging rents squeezing middle-class Americans the hardest, study shows
Rent is skyrocketing nationwide, squeezing U.S. households across the country
Fewer Americans are switching to new jobs, NY Fed survey shows
The New York Federal Reserve said in survey published on Monday that fewer workers switched jobs in July, a sign the "Great Resignation" may be starting to cool off.
Oil expert explains the only 'concrete action' Biden admin took to lower gas prices
Lipow Oil Associates President Andy Lipow explained on 'Mornings with Maria,' Monday, the only 'substantive action' the Biden administration has taken to try and alleviate gas prices for Americans.
Gas prices drop below $4 again, AAA says
Gas prices slid back below $4 per gallon last week as demand continues to fall, according to AAA.
US economy likely to face recession by year's end as growth continues to slow, report says
The Conference Board's leading economic index dropped for the fifth consecutive month, suggesting the U.S. economy is slowing and could be headed for a recession.
Biden's oil, gas moratorium dealt potentially fatal blow by federal court
A federal judge struck down the federal oil and gas leasing moratorium Thursday evening, potentially ending the policy President Biden has pursued since taking office.
Fed minutes reveal interest rates could remain ‘restrictive’ for some time
The latest Federal Reserve meeting minutes showed that the Fed governors believe interest rates should remain "restrictive" in the coming months.
Half of US companies preparing to cut jobs, survey shows
Companies across the country are preparing to cut jobs or are implementing hiring freezes, a new PwC survey showed, a sign the labor market is starting to soften.
Social Security benefits could increase at decades-high rate in 2023: The Senior Citizens League
Social Security benefits will likely increase next year as inflation fluctuates, according to the latest forecast from The Senior Citizens League.
Biden signs Inflation Reduction Act: Here's what it means for your wallet
President Biden signed the Inflation Reduction Act on Tuesday, which some experts have said could lower the cost of health care for many families.
Largest energy industry group warns of Dem inflation bill's impact: 'Going to harm the American consumer'
The largest oil and gas industry group outlined its opposition to Democrats' Inflation Reduction Act, arguing that the bill will lead to higher costs for companies and consumers.
Housing market becomes 'major headwind' for US economy
The U.S. housing market is starting to cool off considerably as the Federal Reserve raises interest rates at the fastest pace in decades in order to cool inflation.
Fed officials anticipate 'significant' interest rate hikes until inflation eases, minutes show
Federal Reserve officials expressed resolve to bringing inflation closer to their 2% target at the July meeting, with policymakers forecasting more "significant" rate hikes.
Biden approves largest oil, gas lease sale in US history, steamrolls eco review with inflation bill
President Biden approved a massive Gulf of Mexico fossil fuel lease sale, which his administration chose not to defend in court, when he signed the Inflation Reduction Act on Tuesday.
Manchin admits 'Inflation Reduction Act' won't tame inflation for Americans anytime soon
Sen. Joe Manchin, D-W.Va., admitted Tuesday that it would take some time for prices to come down nationwide following the signing of the Inflation Reduction Act.
Here's how experts say Dems' inflation bill will increase energy prices
Americans can expect to pay higher energy prices as a result of Democrats' massive climate and tax spending package, which President Biden signed into law on Tuesday, experts said.
Housing starts tumble in July to new 17-month low
Rising interest rates are starting to cool the housing market, with new U.S. home construction plunging to the lowest level in close to two years in July.
Jamie Dimon says America must 'get it through our thick skulls,' US energy is not against climate change
JPMorgan CEO Jamie Dimon says that boosting natural gas production in the United States does not equate with being against climate change.