Economy

President Donald Trump has proposed pausing the country’s 18.4-cent gas tax.

The war in the Middle East is pushing up short-term government yields, on expectations that the Fed is increasingly likely to hike interest rates over the next two years.

And the war in the Middle East is to blame.

Gas taxes aren’t popular, but they go toward funding — and maintaining — roads and bridges across the country.

Household debt ticked up slightly in the first three months of this year, according to the New York Fed. We dig in.

Until ships start moving through the Strait of Hormuz, prices for oil and a range of related goods will likely keep rising. The question is, how long will it take them to come down again?

The U.S. economy added 115,000 jobs in April. Meanwhile, unemployment remained unchanged at 4.3%. We dig into the numbers.

Between tax cuts for U.S. households and corporate tax breaks, who’s actually footing the bill?

While quarterly data was modest — increasing just 0.8% in the first quarter — the longer-term trend shows higher productivity growth.

The appliance maker said sales of major appliances in North America fell nearly 7.5% last quarter in its latest earnings report.