Economy

FOX Business Jackie DeAngelis spelled out the severity of price hikes on major items while slamming the Biden administration for downplaying the problem.

America’s current twin deficits – budget and trade deficits – mean that Uncle Sam is dependent upon the kindness of strangers (foreign governments) to fund its gargantuan spending needs.

For years, U.S. pharmacy chains have been shuttering locations around the nation. It's a trend one industry expert says will continue, especially with the demand for online pharmacies.

A report released by the World Gold Council in June found that central banks added the second most gold reserves on record in 2023 as analysts see a potential price surge.

Prospective homebuyers looking to score a deal could consider looking in the "coldest" housing markets in the country, where supply is outpacing demand.

Boeing said it reached a deal to purchase Spirit AeroSystems for $4.7 billion, as the plane manufacturer attempts to shore up safety concerns following recent issues with certain jets.

Rep. Tim Walberg, R-Mich, is introducing legislation to block the Department of Labor's move to rescind a Trump administration rule that expanded association health plans.

When looking at how to compete with Costco, Sam's Club is looking toward its private label products to compete with its rival's Kirkland Signature.

Business owners said they've had to raise some prices for customers and it's helped pay bills a little bit but not enough to keep up with ballooning rent inflation.

The Commerce Department released an inflation gauge that is closely monitored by the Federal Reserve, providing a look at price pressures within the economy.