Economy - /contrib/economy

The national average for a gallon of gas is at a record $4.59 per gallon, and it could be about to hit $6, according to JPMorgan.

As with various radical academic "theories" going against common sense, Democrats have almost broken the U.S. economy with runaway inflation associated with MMT. The more money put into circulation the higher inflation will rise; it's not rock

Drivers nationwide can expect the highest gas prices the country has ever recorded, with average prices surpassing $4 in all 50 states and Washington, D.C., for the first time.

Gas prices just continue to rise, shooting up again overnight to another new record national average of $4.567 per gallon.

The nationwide average is more than $4.50 a gallon.

Stocks tanked as investors worried about inflation's impact on consumer spending.

Jim Cramer says the retailers should have preannounced the bad news.

Target took a big hit from higher costs during the first quarter despite brisk sales and shares appeared headed for their most severe selloff since the Black Monday market crash of 1987. Profits fo...

(Bloomberg) -- Former Federal Reserve Bank of New York President Bill Dudley said the U.S. central bank should stop sugarcoating its message on how high interest rates need to go -- and how much pain that will cause -- to get inflation under control.Most Read from BloombergDont Bother Paying Off

St Louis Fed President James Bullard on Wednesday said he supports a plan for the central bank to hike rates by 50 basis points in June and July.

Critics of President Joe Biden had "My 401k" trending nationally on Twitter after the stock market continued to crash and burn on Monday. The Dow Jones industrial index closed down nearly 2% on Monday with 11.86% down so far this year, while the N

Data: International Food Policy Research Institute , NPK prices; Chart: Axios Visuals The rolling crises of the past few years rendered visible so many vital commodities that plenty of us never gave much thought — nickel, silicon chips, lumber . The

Americans still view real estate as an attractive investment, but rising prices are creating major barriers.

U.S. stock futures slipped Thursday, as a relief rally fuelled by Federal Reserve Jerome Powell's comments quickly ran out of steam.

The Federal Reserve is pushing mortgage rates higher, which is upending the competitive housing market.

Mortgage applications fell 8.3% last week from a week earlier, hitting the lowest level in more than three years.

People have been concerned about the possibility that the economy could soon go into recession. Indeed, "recession" has been a trending topic, according to Google Search data, peaking during the week ending April 16.

The Biden administration is bracing for the Labor Department's consumer price index report to show that inflation is

Mexico suspended gasoline subsidies for states along its northern border as the Finance Ministry said U.S. citizens crossing into the country are draining supply.

Bloomberg economists say that Americans should considering budgeting an extra $5,200 this year — or $433 monthly — in order to fight the effects of inflation. The U.S. Consumer Price Index has indicated that prices across the board have skyroc