U.S. Economy

Record home prices and elevated mortgage rates keep first-time buyers out of the market, with sales declining in most regions as experts cite years of housing undersupply.

Trump says he could decrease drug prices by up to 1,000%, suggesting that he might use trade leverage to compel action.

The construction industry needs to attract 439,000 new workers in 2025 and 499,000 in 2026 as Mike Rowe warns of implications from the skilled labor shortage.

The U.S. will impose tariffs of 25% on Japan and South Korea beginning on Aug. 1, President Donald Trump announced on Monday in posts on Truth Social.

Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause prolonged inflation rather than a one-time price spike.

Billionaire Ray Dalio warned of economic consequences of Congress passing Trump's spending bill, including possible spending cuts, major tax increases and money printing.

Travel on the July 4th holiday weekend is expected to hit a record with 72.2 million Americans journeying at least 50 miles from home, according to AAA.

How the CBO gets to these figures is at the center of a long-running debate in Washington, because these estimates often become the tip of the spear in partisan warfare.

Amazon Prime members can save money fueling up their cars over the Fourth of July holiday weekend as part of an early deal ahead of the e-commerce giant’s upcoming Prime Day.

President Trump’s 90-day pause on tariffs could be ending early this month. For truckers at Southern California’s ports, that could mean even more economic uncertainty.

The UAE and U.S. are the countries projected to lead in attracting millionaire migrants this year, while the U.K., China and India face the largest net outflows.

National average gas prices reached a four-year low, with analysts projecting stability through the Independence Day holiday despite tensions in the Middle East.

Xbox managers expect substantial job cuts across the gaming division next week as Microsoft continues streamlining processes following its $69 billion Activision Blizzard acquisition.

GasBuddy's Patrick De Haan spoke with Fox News Digital on gas prices and markets opened slightly higher, oil down.

Gas prices are expected to see modest increases despite Middle East tensions, as the oil market stabilizes following U.S. strikes on Iran nuclear facilities.

Oil market braces for price surge after U.S. attacks on Iranian nuclear facilities. Analysts predict disruptions to Middle Eastern oil infrastructure.

Federal Reserve data shows labor market decline affecting recent graduates, with unemployment at 5.8% for those aged 22-27 as AI potentially displaces entry-level positions

Mission Viejo, California approves Costco's first-ever standalone gas station with 40 pumps replacing a former a Bed, Bath and Beyond store.

Disney parks generate $67 billion annually and support over 400,000 jobs across the U.S., as Disneyland celebrates its 70th anniversary.

Aldi is slashing prices on over 400 products while Target introduces thousands of low-cost items as retailers try to attract shoppers who are pulling back.