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.
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.
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 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 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 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 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.
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.
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.
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.
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.
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."
Republican criticizes Senate for advancing legislation that will provide more than $50 billion in subsidies to bolster U.S. computer chip manufacturing.
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. 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 applications are at the lowest they have been in the last 22 years, as inflation continues to rattle the housing market.
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.
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 senior adviser to President Trump Kevin Hassett joins "Cavuto: Coast to Coast" to discuss government spending and its impact on rising inflation.
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.
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.