Fed may ‘overshoot’ in the other direction: Harvard economist on potential July rate hike
Former IMF chief economist Kenneth Rogoff weighs in on the U.S. economy as consumers' fear over a recession climbs on ‘Mornings with Maria.’
US is in a recession: Kevin Hassett
Former chair of the Council of Economic Advisers Kevin Hassett on the state of the U.S. economy as Americans cope with high inflation on 'Kudlow.'
Expert warns cutting tariffs on China is not going to solve the inflation issues: It's ‘not a panacea’
Former Deputy Assistant Treasury Secretary Christine McDaniel responds to President Biden’s new strategy to end tariffs on China to combat rising inflation.
Republicans pushing tax hike? Midterm elections at risk if GOP joins Dems in carbon fee
Republicans are making inflation a midterm election issue, yet some of them are working with Democrats to make Americans' pain even worse by calling for a tax increase.
July Fourth fireworks: Biden's inflation means everything is sky-high for Americans this year
Thanks to Biden administration policies, inflation has hit a 40-year high, causing prices to surge for everything from energy to Fourth of July cookout basics.
White House fires back at Jeff Bezos over gas price attack: 'Not surprising'
The White House hit back at billionaire Jeff Bezos on Sunday, blaming gas companies for keeping prices high at the pump even when base prices fell.
Average car payment hits record $712/month as new, used car prices continue to climb
Escalating purchase prices and rising interest rates are making cars less and less affordable to the average consumer, with monthly payments averaging $712 in May.
Jeff Bezos calls out Joe Biden's latest inflation claim: 'Straight misdirection or a deep misunderstanding'
Jeff Bezos dinged President Biden's latest call on gas prices, saying it reveals the White House is "misleading" Americans or lacks an understanding of market principles.
Grocery shoppers making 'dramatic shift' away from national brands amid inflation, supermarket chain says
Morton Williams Supermarkets co-owner Avi Kaner explains on "Cavuto: Coast to Coast" consumer trends amid rising inflation ahead of the July 4th weekend.
Former Fed official on interest rate hikes: Debt service is ‘the real problem’
Former Federal Reserve Vice Chair Randal Quarles argues while the Fed will get on top of inflation, the increased cost of debt service will cause financial disruption.
As 4th of July fireworks costs explode, expect shorter displays, says one insider
Minnesota Pyrotechnics owner James Baxter joined "Fox and Friends First" on July 1, 2022, to discuss how the higher costs of fireworks will impact Independence Day this year.
Las Vegas 'property spouses' who renovate RVs are testament to vehicle's popularity despite inflation
Over 40 million people are expected to travel by car this July 4th. Despite high gas prices, demand for RVs is said to be soaring, with manufacturing at a high.
S&P 500 wraps worst first half since 1970
U.S. stock investors wrapped one of the worst six months in history as investors get slammed by a Federal Reserve that has failed to contain inflation.
Key Fed GDP tracker turns negative, signaling recession is here
The Federal Reserve's real-time GDP tracker shows that the U.S. economy has contracted for the second quarter in a row, signaling a recession is already here.
Consumer's drive to keep 'marching forward' will soon be 'quite difficult': Fmr economic council director
Former economic council director Larry Lindsey provides insight on the likelihood that America is in a recession in response to the May core PCE report.
Biden repeats false claim that US has lower inflation than rest of world
President Joe Biden repeated his claim that the U.S. has lower inflation than most other countries in the world, an assertion contradicted by economic data.
Fed's preferred inflation gauge rises 4.7%, remains near 40-year-high
While inflation cooled slightly in May, so did consumer spending, a sign Americans are belt-tightening as prices for gas, food, and staples remain elevated.
Grocery store sticker shock shows ‘light at the end of the tunnel’: Stew Leonard
Stew Leonard's president and CEO explained that while store margins are down, the chain sees "positive signs" around sticker shock prices and supply chain disruptions.
Biden's recession deceptions get in the way of solutions
If a recession comes, Americans across the country will experience the pain – despite what Biden may believe.
House GOP re-election arm targeting Democrats over ‘Most Expensive 4th of July Ever: Part II’
A year after becoming the first GOP group to launch ads taking aim at Democrats over soaring inflation, the National Republican Congressional Committee is coming back for round two.