US aims to create semiconductor manufacturing clusters with Chips Act funds
US Secretary of Commerce Gin Raimondo lays out Washington's plan to organize and shape the semiconductor manufacturing industry from the top, down, through 2030.
Biden to nominate former Mastercard executive Ajay Banga to lead World Bank
Ajay Banga is a former CEO of Mastercard who expanded the business 13 fold during his tenure. The outgoing president of the World Bank is David Malpass.
Stuart Varney: 'Late-to-the-game' pattern emerging within Biden's administration
FOX Business' Stuart Varney discusses the Biden administration's lack of leadership as the team receives criticism for their handling of multiple crises.
UK trade chief rips Biden's 'protectionist' policies
U.K. Business and Trade Secretary Kemi Badenoch on Tuesday slammed President Biden's Inflation Reduction Act as "protectionist" and warned it could cause supply chains to fail.
US debt default deadline looms this summer or early fall, ‘urgent need’ for Congress to act: BPC
The Bipartisan Policy Center said that the "X date" on which the debt limit will need to be raised to avoid default will arrive this summer or early fall, depending on tax revenue.
Kamala Harris says Biden admin has reduced heat, electric costs amid record prices
Vice President Kamala Harris touted the Biden administration's efforts to lower energy costs.
Stuart Varney: Trump's East Palestine visit is 'showing up' the Biden team's 'weak response'
FOX Business' Stuart Varney discusses Trump seizing a 'political opportunity' as he is expected to visit the site of the Ohio train derailment in East Palestine
GOP lawmaker slams Biden for escalating Ukraine war: 'Ratcheted up' tensions at every turn
Arizona Republican Rep. Andy Biggs accused President Biden of escalating tensions between Russia and Ukraine rather than offering diplomatic solutions
Biden's new Ukraine aid will face 'tremendous pushback' from Congress, GOP lawmaker says: 'We've got to stop'
Rep. David Kusta, R-Tenn., argued President Biden needs to slow down spending or both the House and Senate will push back on further aid to Ukraine.
Stuart Varney: Biden's surprise Ukraine visit could be a 'game changer'
FOX Business' Stuart Varney discusses the importance surrounding President Biden's trip to Ukraine and U.S. adversaries re-aligning on "Varney & Co."
China expert warns 'war in Asia' is coming if US doesn't act: 'The choice is ours'
Gatestone Institute senior fellow Gordon Chang argued the U.S. has a menu of options to stop China's aggression but must change its strategy or risk war in Asia.
Biden admin bragged about building ‘made-in-America’ EV charging network, then waived ‘Buy America’ rules
The Biden administration announced it would buy non-US-made EV chargers to quickly build an EV charger infrastructure, after having boasted about a 'made-in-America' network.
Biden's student debt handout plan overshadows bipartisan employer-aided repayment option
President Joe Biden's student loan debt handout plan has created uncertainty and overshadowed a bipartisan law letting employers help employees repay their student loans.
Biden accuses GOP senator of being 'confused' for criticism of Medicare policies; senator fires back
President Biden on Wednesday said Sen. Rick Scott, R-Fla., was "confused" for suggesting cuts to prescription drug costs equated to cuts to Medicare.
LARRY KUDLOW: Biden is incapable of telling the truth about the economy
FOX Business host Larry Kudlow calls out President Joe Biden's leadership and reckless government spending on Wednesday's "Kudlow."
White House considering former Obama official for Fed vice chair: report
The Biden administration is reportedly looking at former Obama economic adviser Austan Goolsbee as an option to replace Lael Brainard as vice chair of the Federal Reserve.
Congressional Budget Office says US could 'run out of cash' by summer if Congress doesn't act
The U.S. could default on its debt sometime this summer if Congress doesn't raise the debt the $31.4 trillion debt ceiling, the Congressional Budget Office projected Wednesday.
Democrats attack 'obscene' oil profits with new tax hike, accuse industry of 'cartel pricing'
House and Senate Democrats are proposing a new wave of taxes on oil companies to attack what they call "price gouging," after President Biden called oil profits "outrageous."
Biden IRS nominee promises not to increase audits of households making less than $400K
IRS commissioner nominee Daniel Werfel is expected to tell a Senate committee that if he gets the job, he will not increase audits on those making less than $400,000.
Tesla takes Biden's $7.5B subsidy, agrees to open up charging network, White House says
The White House on Wednesday announced that Tesla has committed to expand its electric vehicle charging network and meet the Department of Transportation's new universal charging standards.