Phoenix gas station selling fuel way below the average: 'We are helping our community'

The owners of a gas station who practice the Sikh religion have decided to help people when they need it most, and they're doing it by lowering their gas prices in Phoenix.

Emergency Management Services are feeling the strain of rising fuel costs

MedStar is having to dip into its rainy day fund to keep its 50 ambulances fueled. For June 2022, they are on track to spend nearly triple what they spent in June 2021.

North Texas small business owners concerned about interest rate hike

It’s a scary time for small business owners who have been dealing with record inflation, both as a consumer and with trying to run a company.

Fed raises key interest rate in largest hike since 1994

The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades.

Dallas City Council warned of inflation impact on city budget

Dallas may have a tighter budget next fiscal year due to a huge increase in the living wage as well as higher fuel costs.

What makes a bear market? Wall Street term explained

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.

Wall Street slips into a bear market; here’s what that means

Wall Street opened the week with heavy losses that put the benchmark S&P 500 at a level considered to be a so-called bear market.

These electric vehicles are cheaper to own than gas ones now

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

Gas prices hit $5 nationwide for the first time ever

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

Biden blames pandemic, Putin as high US inflation persists

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.

US inflation hit 8.6% in May, a new 40-year high

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.

May jobs report: US added 390,000 jobs last month as hiring remained robust

U.S. employers added a healthy 390,000 jobs in May 2022, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and interest rates.

Walmart to create 4,000 jobs with 4 new fulfillment centers

The first of the four new new fulfillment centers will open this summer in Illinois. These centers will provide faster shipping of items to customers.