National average price for diesel reaches all-time high at $5.85 a gallon

The national average price of diesel gasoline has hit a new all-time record high in the U.S. on Friday, rising to an average of $5.85 a gallon.  

DOJ expands beef price probe as costs rise
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The Justice Department sent letters to eight major grocery retailers to investigate beef pricing strategies and profit margins. As the midterms near, President Trump's administration is attempting to lower food costs. FOX's Darren Botelho reports.

Few Americans support 'Lake America' name, poll finds

A majority of Americans ‌oppose President Donald Trump's order to rename Lake Ontario as "Lake America," a new poll found.

Ground beef imports aim to lower prices as Arizona ranchers raise concerns
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Arizona ranchers are weighing in on how the a tariff-free ground beef import impacts local beef markets and cattle herds. FOX 10's Steve Nielsen learns more.

Arizona ranchers react to 660 million pounds of tariff-free beef imports

As thousands of tons of ground beef are being imported to the U.S. without any tariffs, there are concerns about quality and whether it undercuts Arizona ranchers.

U.S.-Canada trade war: Arizona's agricultural industry braces for impacts

Soon, lettuce farmers in the Yuma area will need to harvest leafy greens, and amid the trade war between the U.S. and Canada, they do not know what the cost will be to send them up north.

Here's when Social Security COLA update is expected to be announced

Retirees can start planning: The Social Security Administration is expected to announce the 2027 cost-of-living adjustment, or COLA, soon. Here's when.

U.S. to target nations aiding Iran with new sanctions
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The Trump administration calls it economic asphyxiation, the next phase in the war with Iran. The regime is already threatening to retaliate as the U.S. tries to convince other nations to join. Fox's Doug Luzader reports.

Beef prices soar amid low U.S. cattle herd
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The smallest cattle herd in 75 years is pushing beef prices higher for consumers across the country.

Economists don't anticipate reopening US to Mexican cattle imports to lower rising beef prices

The United States reopened a border crossing to cattle from Mexico to reduce surging beef prices, though economists question if the move will provide savings for consumers at the grocery store.

What is "Economic D-Day?" Trump official to reveal details
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The Trump administration is set to launch what it calls an "Economic D-Day" against Iran. Treasury Secretary Scott Bessent is already calling it the start of the endgame for the regime. Fox's Doug Luzader has more.

Walmart says it will use billions in tariff refunds to keep prices low

Walmart said it received nearly $2.9 billion in tariff refunds and plans to use some of it to support lower prices for shoppers, while the refunds also provided a significant boost to quarterly operating income.

US national debt surpasses record $40 trillion

The national debt for the United States has now surpassed $40 trillion for the first time in history. 

Trump promises economic D-Day for Iran amid rising U.S. debt
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President Donald Trump is promising what he calls an economic D-Day for Iran to step up pressure on the regime and secure a deal. Fox's Doug Luzader reports.

US pauses 50% tariffs on Canadian imports after last-minute deal

The proposed tariffs, which would have gone into effect at 12:01 a.m. on Wednesday, would have covered around 5% of the goods Canada ships to the U.S. each year.

Iran War: U.S. retail sales hit one-year low
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Retail sales fell more than 0.5% last month as the American economy feels the impact of soaring gas prices and the blockade in the Strait of Hormuz. Reporter Jonathan Hunt has more, from Tel Aviv.

US credit card debt hits $1.26 trillion as delinquencies rise: What you can do

A rise in delinquent credit card payments is “prompting concerns that Americans are falling behind on their debt payments at rates not seen since the Great Recession," the New York Fed says.

New Social Security COLA estimates released after fresh inflation data

Social security recipients are on track to receive a larger cost-of-living adjustment in 2027, with early estimates coming in between 3.2% and 3.6%, according to a new analysis released after fresh inflation data. 

New study reveals Americans feelings on free enterprise, capitalism and socialism

A new poll offers insight into how Americans view different economic systems, highlighting public consensus and division over the trade-offs, benefits, and disadvantages of each approach.