Money

In a draft letter to refiners, Biden said their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record-high gas prices.

Ask pretty much anyone how they feel about rising gas and food prices, and they won’t have nice things to say. Fox 9 asked a local financial expert and a local psychologist their best tips to relieve the current financial stress and make their dollars stretch further.

Wall Street is back in the claws of a bear market amid worries about inflation and higher interest rates. Here are answers to some common questions about bear markets.

Building electric vehicles is expensive, which is why their prices are high, and it's mostly about the batteries.

Bitcoin and other cryptocurrencies were collapsing in price Monday, after the major crypto lender Celsius halted all withdrawals citing “extreme market conditions."

The average price at the pump is nearly $2 higher than it was one year ago.

The national average price has jumped 19 cents in just the past week, and it is up $1.93 from this time last year.

Treasury Secretary Janet Yellen says she feels confident in the strength of the U.S. economy.

In President Joe Biden’s estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and of the Biden administration.

In April alone, AAA received 50,787 calls from stranded drivers.

Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday.

Shrinkflation isn’t new, experts say. But it increases during times of high inflation as companies grapple with high costs for ingredients, packaging, labor, and transportation.

Consumer habits are shifting, and Target is trying to "right-size" its inventory.

Google employees, contractors protest return-to-work requirement wiping out paycheck with costly commute.