Inflation

Bridgewater Associates founder Ray Dalio is sounding the alarm that the Fed's efforts to bring down inflation will come at a great cost – stagflation.

Federal Reserve Chairman Jerome Powell said on Wednesday that policymakers are committed to tackling inflation and will hike rates until consumer prices start to fall.

Republicans and Democrats on Capitol Hill are expected to skewer Federal Reserve Chairman Jerome Powell this week over the hottest inflation in four decades.

Central Park visitors shared how price hikes and supply shortages have impacted their everyday life after the inflation rate reached a 40-year record high.

Here are the key events taking place Wednesday that could impact trading, including Fed Chair Jerome Powell's testimony before Congress.

The U.S. economic outlook is darkening, according to a group of Goldman Sachs strategists, who raised the odds of a recession in the next two years to 48%.

Charitable giving in the United States set a record with $485 billion being donated in 2021. However when adjusted for inflation that's actually down 0.7% from 2020.

There is going to be a firework shortage this Fourth of July due to supply chain issues and inflation. Companies claim they have 20-25% of the inventory needed.

President Biden is considering pausing the federal gas tax, but critics say the suspension could ultimately cause already red-hot inflation to spike even higher.

Celsius Chairman and CEO John Fieldly warned that rising labor, fuel and raw material costs adds to "potential recession" and consumer behavior concerns.

An economic recession is "inevitable" in the long term and Americans are likely to get hit by one soon, Tesla CEO and billionaire Elon Musk predicted on Tuesday.

Former Treasury Secretary Larry Summers says the U.S. unemployment rate stay above 5% for five years to ease inflation.

The chief executives of some of the nation's biggest companies, including Tesla and JPMorgan Chase, are warning of a looming economic downturn as inflation rages.

The U.S. economy could slide into a recession next year, according to Bank of America strategists, as the Federal Reserve ramps up its inflation battle with more rate hikes.

President Biden and Democrats keep failing in their efforts to tame inflation. The administration can do these 4 things to bring relief to struggling Americans.

Grocery shoppers in New York and Virginia shared how the economy under Joe Biden has impacted them after the president's outburst during an AFL-CIO conference.

FOX Business host Larry Kudlow shreds President Joe Biden's leadership as Americans are pessimistic while facing record-high inflation on Friday's 'Kudlow.'

AMC CEO Adam Aron remains optimistic about the company's future despite rising inflationary pressures hanging over its business and stock price. Revenue is up from pre-pandemic levels.

The Federal Reserve's massive rate hike this week has fueled speculation on Wall Street that the U.S. economy is headed for a recession soon as inflation roars.