The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

President Donald Trump has opened up a new front in his attack on the Federal Reserve and its chair, Jerome Powell: He says ...

A new report found inflation on the rise in June, another indicator of the affect Donald Trump's tariffs are having on the US economy.

US stocks close mixed after the FT says Trump wants an at least 15%-20% tariff on all EU goods. S&P 500 and Nasdaq come off Nasdaq record highs.

American housebuilding weak everywhere except in one pocket; US sentiment stabilises at low level; eyes on Japan; Malaysia ...

On Friday, breakeven inflation rates that reflect expectations of future long-run price gains climbed back to levels not seen since February or April, the latter of which was when fears over President ...

New tariffs on key building materials and persistently high interest rates are squeezing project budgets and increasing costs ...

As Washington’s protectionist trade policies tighten, the question remains how much tariffs will affect price growth inside ...

Worried about the sudden USD drop? Here’s how you can ensure your money still grows despite it, regardless of how much you ...

Inflation accelerated in June, with the latest data showing that consumer prices rose 2.4% year-over-year. Shedding light on ...

Crude oil futures were little changed on Friday on mixed U.S. economic and tariff news and worries about oil supplies ...

U.S. equities were slightly lower on Friday, a day after the S&P 500 and the Nasdaq scored record closes, as investors looked ...