Biden Administration writes letter to Abbott CEO expressing 'grave concern' on baby formula shortage
The secretary of agriculture wrote a letter to the CEO of Abbott Laboratories on Friday, expressing “grave concern” of the nationwide availability of baby formula amid a deepening shortage that is leaving Americans scrambling to find the product.
Nationwide internet: Biden administration to release $45B for high-speed service
Commerce Secretary Gina Raimondo is overseeing the distribution under the Department of Commerce’s National Telecommunications and Information Administration.
Budget watchdog rips Biden admin for taking credit for deficit reduction: Not a result of their policies
Committee for a Responsible Federal Budget President Maya MacGuineas on the Biden administration's handling of the deficit and the best way to fight inflation
Red-hot inflation is probably costing you an extra $311 per month
Inflation accelerated again in April, the Labor Department reported on Wednesday, with the consumer price index rising by 8.3%, much higher than economists expected.
Elon Musk criticizes pitch by 'disinformation czar' to allow verified Twitter accounts to edit others' tweets
The head of the Biden administration's new Disinformation Governance Board pitched the idea of allowing verified accounts to "edit" Twitter and add context to others' tweets, roiling Tesla CEO Elon Musk, whose $44 billion bid for the social media platform was accepted last month.
Kudlow: We are in the midst of an emergency inflation crisis
"Kudlow" host calls out the president for his handling of the inflation crisis.
Biden admin announces measures to address baby formula shortage
The White House on Thursday announced steps the Biden administration will take to address the ongoing nationwide baby formula shortage.
Biden admin cancels massive oil and gas lease sale amid record-high gas prices
The Biden administration canceled one of the most high-profile oil and gas lease sales pending before the Department of the Interior Wednesday, as Americans face record-high prices at the pump, according to AAA.
Biden meets Amazon union leader at White House: 'Keep it going'
President Biden hosted Amazon union drive leader Christian Smalls at the White House.
Biden's plan to tame inflation is to double down on big government
On inflation the Biden White House seems to have forgotten that there’s nothing to be learned from the second kick of a mule
Biden says inflation is his 'top economic priority' as prices surge to near 40-year high
President Biden, reacting to April’s consumer price index Wednesday, acknowledged that inflation is “unacceptably high” and said lowering prices for American families is his “top economic priority.”
Sen. Rick Scott points to latest inflation numbers in call for 'incoherent and confused' Biden to resign
Sen. Rick Scott, R-Fla., is calling for President Biden's resignation in light of a new Bureau of Labor Statistics report showing a Consumer Price Index increase of 8.3% over the past 12 months.
Varney: Biden’s 'desperate' inflation speech was a set-up for November
FOX Business' Stuart Varney on Biden's plan to tackle inflation as the U.S. sees skyrocketing prices
Inflation expected to drag on Democrats until midterms, experts say as it hits 8.3% in April
April inflation numbers show prices much higher than a year ago.
What can Biden actually do about inflation?
President Biden said Tuesday that tackling inflation is his "top domestic priority" but there's little any president can do unilaterally to bring down the high consumer costs that have dogged the president's approval numbers.
Residents from Biden's home state sound off on gas prices as inflation rages on
Residents of Wilmington, Delaware said they are budgeting more, traveling less, and using mobile apps to combat high gas prices.
An embattled Biden calls fighting inflation a 'top priority' as consumer prices soar
President Biden on Tuesday called combating the hottest inflation in 40 years his top domestic priority as he sought to reassure Americans over sky-high consumer prices, which have become a majority political liability for Democrats.
Varney: Biden ‘desperate’ for inflation solutions
FOX Business' Stuart Varney on the Biden administration's plans to combat rising inflation ahead of the president's address Tueday.
Former White House economist rips 'fiscal blowout' under Biden's leadership
Former Council of Economic Advisers Acting Chairman Tyler Goodspeed discusses the state of the economy under Biden's presidency.
Gas prices hit new all-time high as EU considers blocking Russian oil, Biden keeps restrictions
Gas prices hit a new all-time high on May 10, 2022, amid rising inflation and President Biden's restrictions on oil and gas production. The prices come as the European Union edges toward oil sanctions on Russia amid the Kremlin's invasion of Ukraine. It also comes amid record-high inflation, with the consumer price index reaching 8.5% in March.