Inflation

Travelers at a national airport outside Washington, D.C., shared how ticket prices, flight cancellations and delays have impacted their trust in airlines.

Federal Reserve Chair Jerome Powell said Wednesday there is "no guarantee" the central bank will be able to tackle inflation without sacrificing jobs.

The billionaire hedge fund manager is reiterating his previous call for more aggressive action by the Federal Reserve to bring down inflation as consumer confidence sinks.

Americans are dishing out 17% more this year on the average Independence Day barbecue, according to a new report from the American Farm Bureau Federation.

The final reading on first-quarter GDP came in worse than expected raising fresh concerns about the timing of a U.S. recession.

The slight deceleration of home prices in April comes as the Federal Reserve's efforts to tame scorching-hot inflation have pushed mortgage rates near 6%.

Business leaders surveyed by JPMorgan Chase have never been more worried as optimism hits a record low mainly tied to high inflation and labor shortages.

California lawmakers reached a tentative budget deal Sunday night with Democratic Gov. Gavin Newsom to send millions of residents inflation relief checks.

Inflation in the United States is soaring, but data shows the funeral industry is absorbing much of its higher costs to avoid passing them along to customers.

FOX Business' Edward Lawrence sits down with San Francisco Federal Reserve President Mary Daly to discuss inflation and the U.S. economy under President Biden.

U.S. consumer confidence plunged to the lowest point on record in June, as roaring inflation weighs on American budgets and wage gains fail to keep up.

Republican lawmakers targeted President Biden over an economic report from his administration that did not identify fiscal stimulus as a contributor to inflation.

Chef and restaurateur Wolfgang Puck said he "hates" the idea of adding temporary inflation fees, when restaurants can raise menu prices by one dollar.

Historic inflation is not mainly a result of Russia's war in Ukraine, and the Federal Reserve's interest rate hikes may cause a recession.

A former Obama economist warned the U.S. economy could experience a return to 1970s-style stagflation as the Federal Reserve combats inflation with rate hikes.

Some U.S. households feeling squeezed by inflation are questioning whether their emergency savings will hold up, according to findings from a new survey.

The Federal Reserve's battle on inflation could cause the unemployment rate to rise as Americans lose their jobs, Chairman Jerome Powell told Congress on Thursday.

Morgan Stanley economists have warned the S&P 500 could tumble another 20% from current levels in coming months if the U.S. economy slides into a recession.

Federal Reserve Chairman Jerome Powell appeared to contract President Biden’s claim that the Ukraine war was primarily responsible for inflation in the U.S.

Federal Reserve Chairman Jerome Powell conceded that avoiding a recession will be difficult as the U.S. central bank hikes interest rates to tame inflation.