Wholesale inflation surges more than expected in August
The Labor Department said Thursday that its producer price index, which measures inflation at the wholesale level, surged more than expected in August.
US businesses have ‘massive lack of confidence in our elected leaders’: Michael Seifert
PublicSq. CEO Michael Seifert and RedBalloon CEO Andrew Crapuchettes talk to Fox News Digital about the findings from August’s Freedom Economy Index.
Looming UAW strike could cost US economy more than $5B in just 10 days
A UAW strike against Ford, Stellantis and General Motors could begin Thursday, and even a 10-day work stoppage could cost the U.S. economy over $5 billion.
Josh Hawley wants to cap credit card interest rates and introduced legislation to do it
Missouri GOP Senator Josh Hawley introduced a bill that would cap credit card interest rates at 18%, which critics say could impact those with imperfect credit or consumers' rewards.
Gas prices will inch higher next week before offering drivers relief, experts say
Gas prices are nearing a record high for this time of year, and they are likely to rise a few cents in the coming week due to rising wholesale prices — but some relief may be coming.
Delta Air Lines restricts access to airport lounges, changes rules to earn elite status
Delta Air Lines is changing how customers can gain access into their lounges and earn frequent flyer status.
House committee moves to hold COVID 'fraudsters accountable'
The House Committee on Small Business will start marking up two bills on Thursday aimed at recovering pandemic funds that were stolen and holding fraudsters accountable.
Biden admin has made the US economy 'dramatically worse': Joel Griffith
Heritage Foundation fellow Joel Griffith joins 'The Bottom Line' to discuss inflation and Americans taking on more credit card debt.
UAW reportedly planning targeted strikes at specific auto plants
The United Auto Workers labor union is considering strikes at certain Ford, General Motors and Stellantis plants if new contracts with the manufacturers are not reached by the deadline.
How Baked By Melissa is handling soaring inflation
Baked By Melissa founder Melissa Ben-Ishay discusses how rising food inflation is affecting her small business on 'The Claman Countdown.'
US consumer is getting annihilated by inflation: Jeff Sica
UBS managing director and senior portfolio manager Jason Katz and Circle Squared Alternative Investments CEO Jeff Sica discuss why hotter-than-expected August CPI data did not 'panic' markets on 'The Claman Countdown.'
Citigroup reorganizes business model to streamline operations
Citigroup is making "significant changes" to streamline its organizational model. The flatter structure will eliminate management layers and speed up decision-making.
Social Security cost-of-living adjustment could be bigger than expected next year
Social Security recipients will soon find out what their cost-of-living adjustment is for 2024 – and the bump may be bigger than previously projected.
Families, business owners react to the cost of living climbing
Small business owners Aaron Bergh and Teresa Bowman, and mom of four Amber Bergeron, discuss the economic strain that's impacting their livelihoods.
Fed should keep pulling back on their balance sheet: Larry Kudlow
FOX Business host Larry Kudlow discusses the inflation data, the Fed's handling of the economy and Biden's re-election chances.
Fed is very close to ending rate hikes: Tim Anderson
NYSE trader Tim Anderson discusses whether inflation is slowing on 'Cavuto: Coast to Coast.'
Cryptocurrency: Benefits, investments and more
Each cryptocurrency transaction is a unique exchange between two parties. There are many questions swirling about cryptocurrency and whether or not its a worthwhile investment.
House Select Committee on CCP discusses economic threat from China
FOX Business' Madison Alworth discusses the House Select Committee on the CCP's hearing on the threat posed to the economy and the hosting of war games.
Inflation accelerated in August to 3.7% as consumer prices heat up again
The Labor Department said the consumer price index showed that inflation ticked higher in August as price pressures in the economy remained unusually high.
Biden’s credibility on the economy is ‘not there’: Peter Morici
Former U.S. International Trade Commission Chief Peter Morici joined ‘Varney & Co.’ to discuss the Biden administration’s economic strategy as consumer prices continue to rise.