Browsing: Economy
The Biden administration on Friday finalized a rule that will make it more expensive for oil and gas companies to drill on public lands, despite soaring energy prices and inflation…
U.S. consumer sentiment and Americans’ view on the economy both fell more than expected in April, as inflation expectations rose. The University of Michigan’s consumer sentiment index released Friday fell…
California is forcing fast food chains to get creative to afford the state’s new $20 minimum wage. One McDonald’s franchise owner, Scott Rodrick, is considering higher menu prices and reduced…
Former President Trump’s plan to “tax China to build up America” is either a necessary means to protect the U.S. economy or an oppressive tax on consumers and businesses, depending…
An overwhelming majority of older Americans say they are stressed out about the country’s persistently high inflation, according to fresh data. A recent survey by AARP, the full results of…
JPMorgan Chase CEO Jamie Dimon on Friday warned that several headwinds, including chronic inflation, Federal Reserve policy and ongoing wars, pose major threats to the U.S. economy. “Many economic indicators…
Surging auto insurance premiums are fanning the flames of high inflation and keeping the financial pressure on millions of U.S. households nationwide. Consumer prices rose 0.4% in March from the…
A fair wage advocacy group is demanding that California’s new $20 minimum wage law for fast food workers be extended to all sectors to help working-class people who are struggling…
Rising gas prices under President Biden’s watch have led some Americans to face “painful” and “ridiculous” receipts at the pump, drivers at a Virginia gas station told Fox News. “There’s…
Mortgage rates marched higher this week, nearing 7% with no relief in sight for the sluggish housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the…