Thomas Catenacci

Economic experts are blaming President Biden's massive stimulus spending package for the continued rate of inflation, even as the White House points to other factors.

President Biden claimed Wednesday that inflation was "skyrocketing" when he took office despite federal data showing that consumer prices remained low at the time.

FIRST ON FOX: A large coalition of right-leaning organizations and officials from across the country are throwing their weight of support behind Texas' effort targeting BlackRock.

FIRST ON FOX: The State of West Virginia banned four major financial institutions over their environmental, social and governance policies boycotting fossil fuels.

The Biden administration is abruptly canceling plans to replenish the Strategic Petroleum Reserve, which the president has depleted to fight high gasoline prices.

The state of Mississippi is threatening to hit major financial asset manager BlackRock with a massive fine as part of a cease and desist order targeting the firm's ESG practices.

FIRST ON FOX: A group of 21 state financial officers and treasurers from 18 states is calling on the Biden administration to scrap a billion-dollar tax preparation program.

BlackRock pushed back on Texas' decision to pull a roughly $8.5 billion investment for its Permanent School Fund from the asset manager over an alleged boycott of oil and gas companies.

FIRST ON FOX: The State of Texas is terminating a $8.5 billion BlackRock investment in response to the firm's ESG policies, which the state says signal a boycott of energy companies.