Inflation

Federal Reserve Chairman Jerome Powell told Congress on Wednesday that he plans on proposing a 25 basis point rate increase at the central bank's March meeting.

David McCormick says unlocking the US energy sector would bring economic renewal and national security.

Inflation is sky-high at the national level, but regional inflation in some pockets of the nation is taking a bigger bite out of household budgets.

President Biden is expected to unveil a series of new initiatives aimed at driving down prices as U.S. inflation sits at a 40-year high

Burger King's largest franchisee, Carrols Restaurant Group, revealed that the fast-food giant has reduced the number of chicken nuggets in its meals to eight pieces from 10 in order to "limit the impact of higher input costs and help improve restaurant-level profitability."

Ahead of Tuesday's State of the Union Address, Florida Rep. Kat Cammack argues the Biden administration has created chaos at home and abroad.

Billionaire investor and Icahn Enterprises founder Carl Icahn warned that inflation is the biggest economic problem as Russia continues to invade Ukraine.

The price of gasoline spiked 10 cents to an average of $3.64 per gallon in the U.S. over the past two weeks.

The U.S. economy is facing more downside risks in the coming months, according to top business economists.

Instead of addressing soaring energy prices, Democrats on the House Oversight Committee will hold a third hearing to try to harangue oil and natural gas company leaders about climate commitments.

A key measure of annual inflation that is closely watched by the Federal Reserve is running at the hottest pace in nearly four decades as widespread supply disruptions, extraordinarily high consumer demand and worker shortages fuel rapidly rising prices.