U.S. Economy

Pivot Bio CEO Chris Abbott warns of a 'vicious cycle’ for American farmers during harvest season as diesel costs rise.

Peter Schiff indicated during an interview that he expects oil prices to head higher regardless of whether the Iran war ends, and thinks that there will be an economic "downturn."

Starbucks COO Mike Grams revealed plans to shutter about 250 coffeehouses across North America, citing struggles with financial performance.

Cutting back diesel for export means cutting back oil, which means cutting back gasoline, which means shortages of gasoline and higher gasoline prices

Tim Scott warns that Democratic opposition to the Clarity Act risks costing America its leadership in the next evolution of financial markets.

President Donald Trump pushed back on Anthropic CEO Dario Amodei's call for an AI slowdown, insisting the technology will be more good than bad.

Diesel prices hit a record average of $6.20 per gallon as the Iran war disrupts the Strait of Hormuz, threatening to raise costs across the U.S. supply chain.

Healthcare uniform apparel retailer Scrubs & Beyond has announced that all retail stores are closing. The company operates more than 100 locations.

Mark Zandi says the Iran war has added about $115 billion in costs for U.S. households through higher gasoline, diesel and jet fuel prices.

Scott Dane of the American Loggers Council says loggers are "dying" as diesel prices surge and calls for halting diesel exports under emergency powers.

President Donald Trump threatened to ban Bombardier aircraft sales on Truth Social just hours before Canada's retaliatory tariffs hit $20 billion in U.S. goods.

Record-high Labor Day gas prices hit $4.14 per gallon as crude oil stays near $90 a barrel amid Iran conflict and Strait of Hormuz concerns.

The AAA national average price for diesel fuel has reached a new record high of $5.85 as of Sept. 4, 2026, beating the prior record from June 2022.

The figure reported on Wednesday is below economists’ estimates of an increase of 48,000 jobs. The prior month's reading was revised higher to 46,000.

Alejandro Betancourt, the CEO of North American Blue Energy Partners, has emerged as a central figure in President Donald Trump's landmark oil agreement with Venezuela.

Treasury Secretary Scott Bessent called on global leaders to spur growth by cutting red tape, offering the Trump administration's deregulatory push as a blueprint.

Trump announces a major oil deal with Venezuela, saying the U.S. secured majority control of 65 billion barrels, and the agreement will lower gas prices.

Food-making giant General Mills, which is behind popular cereals like Trix and Lucky Charms, announced that all of its U.S. cereals are now made without "certified colors."

New CEO Nate Baxter is reshaping ScottsMiracle-Gro, betting on AI, e-commerce and organic innovation to drive fresh growth for the iconic lawn and garden brand.

FDA issues nationwide recall for select Better Bakehouse Donutful cake donuts. Find out which lot numbers and UPC codes are affected.