High shipping costs, rising energy costs, a shortage of materials, elevated commodity prices and rising wages have driven national and state-wide inflation to record levels.

President Biden had to decide between competing demands for the titanic sum of frozen assets the U.S. government sat on.

Millions of California workers are now eligible for two weeks of paid sick leave if they are infected with COVID-19 under a new bill that Gov. Gavin Newsom signed into law this week.

American households are grappling with the steepest price increase in four decades, paying more for everything from cars to gasoline to food as uncomfortably hot inflation erodes most workers' wage gains.

The newest inflation data out this week is expected to show another jaw-dropping figure as the price for a bevy of everyday consumer goods soared higher.

The U.S. Postal Service said it will buy at least 5,000 electric delivery trucks after President Biden and the EPA urged it to electrify its fleet.

FOX Business host gives his take on the COMPETES Act on 'Kudlow.'

The same plant suffered multiple failures last year when Winter Storm Uri hit Texas and caused problems with the power grid.

Use car prices have been reaching new heights, and some models are selling for over 35% more than their new counterparts.

The U.S. national debt has hit a new milestone, topping $30 trillion for the first time.

The Pittsburgh bridge that collapsed Friday morning ahead of President Biden's arrival in the Iron City was not known to be compromised and was not scheduled for maintenance via the federal infrastructure bill, according to government records.

Top Senate Democrats on Wednesday urged President Biden to keep the expanded child tax credit payment as the "centerpiece" of a stalled tax and spending package as the White House looks to revive a narrower version of the Build Back Better bill.

President Biden will meet with the CEOs of 10 major corporations on Wednesday to promote the business benefits of his stalled spending bill as Democrats look to salvage parts of the package.

The Energy Department will have its largest bureaucratic expansion since it was established in 1977, using $62 billion from the Bipartisan Infrastructure Law to create a Clean Energy Corps.

President Biden's first year in office was full of plans – some realized, some not – to spend massive amounts of money in the name of causes, including pandemic relief, infrastructure and climate change.

The White House is looking to restart negotiations with Sen. Joe Manchin on President Biden's sweeping social safety net and climate change package as Democrats eye the 2022 midterm elections.

State and local governments are sitting on cash piles after fears about pandemic-related shortfalls were overblown.

EXCLUSIVE: Sen. Rand Paul, R-Ky., released a new report Tuesday on the troubling effects of inflation on low and middle-income families as well as small businesses.

Millions of families who received a monthly payment from the IRS through the expanded child tax credit are facing their first month since July without cash from the federal program, even as inflation soars to the highest level in a generation.

The U.S. government on Wednesday posted a roughly $21 billion budget deficit for December, the smallest monthly shortfall in nearly two years as the pandemic recovery fueled an increase in personal and corporate income tax receipts.