Wholesale inflation surges 11.3% in June, accelerating more than expected
The producer price index, which measures inflation at the wholesale level before it reaches consumers, accelerated again in June, the Labor Department said on Thursday.
As Biden asks Saudis for oil help, US energy reps say they're tired of 'vilification'
American energy industry representatives are upset that President Biden is asking for more oil abroad, rather than changing his policies at home.
Skyrocketing inflation forces shoppers to work overtime and change diets as prices soar
Washington, D.C., shoppers say that inflation is affecting them so much that they are changing their diets, working overtime and going without essentials.
Larry Summers warns inflation unlikely to fall without 'significant economic downturn'
Former Treasury Secretary Larry Summers said Wednesday that the sizzling-hot June inflation report had ramped up the odds of a "significant" economic downturn.
Republicans slam Biden over inflation hitting another 40-year high
President Biden is under fire from Republicans over inflation reaching another record high Wednesday, with the Consumer Price Index reaching 9.1%.
Biden prediction that inflation hit 'peak' in December coming back to haunt him
Inflation hit a new four-decade high in June, the fastest increase since 1981, six months after President Biden said "it’s the peak of the crisis."
Average American worker has lost $3,400 in annual wages under Biden thanks to inflation
American workers have experienced a whopping $3,400 decrease in annual wages thanks to inflation under President Biden, erasing all money received from pandemic stimulus checks.
Stefanik rallies GOP support around bill to hold Biden admin accountable for 'inflation crisis'
Republicans are introducing a new bill to hold the Biden admin accountable for rising inflation, by requiring inflation impact to be taken into consideration in executive actions.
Inflation surges 9.1% in June, accelerating more than expected to new 40-year high
Painfully high inflation persisted in June as the consumer price index soared to another 40-year high, adding to a growing list of political problems for the Biden administration.
Newt Gingrich: Biden's 'out of touch with reality'
Former House Speaker and Fox News contributor Newt Gingrich discusses Biden's energy policies constricting U.S. oil production as gas prices hit all-time highs
White House braces for another ugly inflation report
The White House is already downplaying the June inflation report ahead of its release on Wednesday morning as economists brace for another record-breaking increase.
Dozens of Republicans demand Biden admin's plan for nationwide power crisis
The entire Republican delegation on the House Energy and Commerce Committee wrote a letter to the Environmental Protection Agency on Tuesday, demanding plans for the power crisis.
Biden admin says 66 too old for commercial pilots, as president nears 80
The Biden administration deemed 66 years old to be too old to fly a commercial airline as a pilot, but President Biden himself turns 80 years old this November.
US orders 3.2M Novavax COVID-19 vaccine doses
The Department of Health and Human Services said the U.S. will order more than 3 million doses of Novavax, Inc. COVID-19 vaccine upon emergency authorization.
Biden's open border plan 'backfiring horribly' in Texas, flipping blue districts red: Sen. Ted Cruz
Sen. Ted Cruz condemned Biden's immigration policies saying they inflict misery on Texas and they will continue unabated because that's what the White House wants
White House downplays upcoming release of 'elevated' inflation numbers
The White House expects a large inflation number Wednesday, but press secretary Karine Jean-Pierre blamed Russia and argued prices are already falling.
Stuart Varney: Biden administration is in a tailspin
FOX Business' Stuart Varney discusses the president's handling of multiple domestic crises as speculation and criticism regarding his run in 2024 grows.
Lieberman: Biden's 'jarring' polls a result of trying too hard to please the far-left
Former Connecticut Sen. Joe Lieberman explained Biden's 'big mistake' and why his poll numbers are 'jarring' on 'Mornings with Maria'
Energy expert sounds alarm on Biden selling oil to China: 'Worthy of congressional investigation'
Power the Future founder Daniel Turner reacts to President Biden selling oil from U.S. emergency reserves to a Chinese gas giant connected to son Hunter.
Wall Street elites miss Trump, hope Biden does not run in 2024: NYC restaurateur
San Pietro restaurant owner Gerardo Bruno says he's seeing an uptick in staffing, but inflation is squeezing his margins and crime is stifling business.