Powell pledges the Fed is 'acutely focused' on tackling inflation
The Federal Reserve is focused on tackling inflation and bringing consumer prices closer in line with the central bank's 2% target, Chairman Jerome Powell said on Friday.
Yellen predicts Fed’s anti-inflation policies will be ‘successful,’ after wrongly calling it 'transitory'
Treasury Sec. Janet Yellen predicted Sunday that the Federal Reserve's anti-inflation policies will be "successful" after previously admitting she'd been wrong about inflation.
Trying to date amid inflation? Smart tips for spending more time together and less money
Dating and relationship expert Cher Gopman appeared on 'Fox & Friends Weekend' on Sunday to share smart, low-cost ideas for couples today amid high inflation.
Commerce Secretary Raimondo says inflation has 'probably' peaked months after Biden made the same claim
Commerce Secretary Gina Raimondo said Sunday on CBS News’ "Face the Nation" that U.S. inflation has "probably" peaked but that the economic crisis is a global one.
Treasury Sec. Janet Yellen acknowledges economic ‘slowdown’ but downplays recession fears
Treasury Secretary Janet Yellen said Sunday that the "economy is slowing down" but it is not heading for a recession, despite many economists arguing the U.S. is already in one.
Used cars costing consumers $10,000 more than 'normal' as inflation rages
Used car prices have skyrocketed close to 45% over the past year as a result of pandemic-induced supply chain disruptions and a semiconductor shortage.
Florida sending 'inflation relief' stimulus checks to families: What to know
Florida is sending qualifying families stimulus payments worth up to $450 per child in order to offset the pain of higher prices after inflation hit a new record high in June.
Biden administration on the defensive as dismal economic report looms
President Biden's economic team is trying to redefine what constitutes a recession ahead of what is expected to be a dismal second-quarter GDP reading next week.
Mulvaney on gas price dip: Why is the White House taking a victory lap on Americans 'getting poorer'?
Former White House Chief of Staff Mick Mulvaney calls out the Biden admin.'s video on gas prices and argues the drop in cost is due to Americans getting poorer.
How housing is fueling searing-hot inflation
U.S. inflation is likely to remain elevated in coming months as a result of skyrocketing housing costs, which economists warn could be slow to moderate.
Senate Republican to propose 'inflation relief' in new bill targeting tax credits
Sen. Chuck Grassley plans to introduce a bill on Thursday that would index certain tax benefits to inflation to ensure that higher prices do not erode the credits.
Larry Kudlow: This is the reason the economy is slumping
FOX Business host Larry Kudlow calls out President Joe Biden's climate policies as Americans see high gas and consumer prices on Wednesday's "Kudlow."
Sen. Rick Scott rips 'pro-China' chips bill: This is why we have massive debt, inflation
Republican criticizes Senate for advancing legislation that will provide more than $50 billion in subsidies to bolster U.S. computer chip manufacturing.
Food pantries warn of 'hungriest summer' weeks after Biden ripped Republicans for 2020 food lines
Food pantries have issued stark warnings that inflation may soon curb their ability to supply food and increase demand, weeks after President Biden yelled about pandemic food lines.
Rep. Brady warns US can't fall behind China in key industries as chip bill advances in Senate
Rep. Kevin Brady, R-Texas, reacts to the Senate advancing the proposed chip bill and calls for the U.S. to 'dominate' in more fields than just semiconductors to combat China's growing economic threat.
Mortgage demand hits 22-year low as loan applications continue to drop
Mortgage applications are at the lowest they have been in the last 22 years, as inflation continues to rattle the housing market.
Investor pessimism highest since 2008 financial crisis as inflation rages: BofA
There is a "dire level" of pessimism among fund managers, according to a new Bank of America survey, which painted a bleak picture of sentiment on Wall Street.
NJ salon owner warns of 'detrimental' impact of inflation: 'We're getting taken advantage of from the top'
J. Walker Salon owner Jessica Walker says inflation has caused her small business to struggle with operating costs that are out of her control.
Former Trump adviser calls on Biden to reinstate cost-benefit analysis to rein in 'out of control' agencies
Former senior adviser to President Trump Kevin Hassett joins "Cavuto: Coast to Coast" to discuss government spending and its impact on rising inflation.
Biden called inflation 'temporary' a year ago — but prices are still hitting new highs
President Biden called the recent inflation spike "temporary" one year ago, but in the 12 months since then, consumer prices have continued to surge to new highs.
Biden's regulatory overreach prevents businesses from knowing 'rules of the road': Chamber of Commerce CEO
U.S. Chamber of Commerce CEO Suzanne Clark criticized the Biden administration for excessive regulatory overreach and for not relying on the private sector to combat climate change.