economy

Economist Steve Pressman explains what the debt ceiling is and why we have it - and why it's time to abolish it.

Experts are warning Colorado households utility bills currently making their way to mailboxes are likely to be even higher than the supersized bills people received for November's energy use.

The rising cost of living is biting businesses and households around the world.

Shortly after Russia invaded Ukraine, the closely watched food price index of the UN Food and Agriculture Organization (FAO) reached its highest recorded level, stoking consumer prices across the world.

The US government has effectively become a trader and a swing producer in the oil market, giving it the power to affect prices.

Gas prices in Colorado spiked over the last week following the closure of the Suncor refinery in Commerce City.

Gas prices won't be as volatile in 2023 as they were in 2022, but motorists can likely expect high gas prices this year, according to an analysis by GasBuddy.

(The Center Square) - Food prices soared in 2022, and so far there are few solutions on the horizon for 2023.

The latest Consumer Price Index Data from the Bureau of Labor Statistics found that grocery prices increased 12 percent in the previous 12 months, far higher than the already elevated inflation rate.

The optional standard rate for deductible costs for operating an automobile for business will increase to 65.5 cents per mile in 2023, a 3-cent increase from the current rate, according to the IRS.

The issue of charity around meals is a common theme during the holidays, though this year the prospect of a sudden drop-off in federal benefits has hunger advocates worried.