Inflation

Recession fears are surging among global executives, with a majority predicting a looming downturn as a result of soaring inflation and rising interest rates, a new survey shows.

President Biden, asked whether the spending of his American Rescue Plan contributed to the massive surge in inflation, defended his policies and denied responsibility.

The Federal Reserve is focused on tackling inflation and bringing consumer prices closer in line with the central bank's 2% target, Chairman Jerome Powell said on Friday.

West Coast farmers say inflation and drought could cause potential food shortages, but now, they're facing another new challenge due to supply chain delays.

President Biden falsely claimed in an interview that inflation for every other major industrial country in the world was higher than in the United States.

Rep. Dusty Johnson was one fo the leading co-sponsors of the Ocean Shipping Reform Act in the House. President Biden is expected to sign the bill Thursday.

A closely watched Federal Reserve tool showed economic growth in the second quarter may have stalled, raising the possibility that the economy is already in a recession.

Republican Iowa Senator Chuck Grassley discusses potential solutions to high gas prices in wake of record inflation rates on 'Cavuto: Coast to Coast.'

White House press secretary Karine Jean-Pierre argued Thursday the U.S. does not need to increase domestic oil drilling to reduce gas prices.

Inflation has sent the cost of everyday necessities - including cars, rent, food and gasoline - soaring last month, weighing on most American families.