Key inflation gauge surges 5.8% in December, fastest pace in four decades
Annual inflation is running at the hottest pace in nearly four decades as widespread supply disruptions, extraordinarily high consumer demand and worker shortages fuel rapidly rising price increases.
Fed realizes inflation is more important than pleasing Wall Street: Expert
Bianco Research president Jim Bianco gives his assessment of the Fed's positioning and the state of the bond market.
Red-hot inflation hurting millions of Americans financially, poll says
The hottest inflation in nearly four decades is inflicting financial pain on millions of U.S. households as prices for everyday necessities like food and gasoline continue to surge, according to a new survey.
Major US port hits container record as supply chain disruptions continue to roil US
The Port of Savannah hit a container record last year, handling nearly six million container units of imports and exports amid continued supply chain bottlenecks.
What the Port of Savannah is doing to fix the shipping backlog
FOX Business' Ashley Webster speaks with Griff Lynch, the executive director of the Georgia Ports Authority, about how the Port of Savannah is handling the supply chain disruptions.
US economy surged 6.9% in the fourth quarter before omicron impact
GDP, the broadest measure of goods and services, surged by 6.9% in the final three months of the year, the Commerce Department said on Thursday.
Recession coming ‘quickly around the corner’: Retail expert
Strategic Resources Group Managing Director Burt Flickinger discusses how inflation in the retail industry is signaling a potential recession soon.
Risk of a recession are ‘going up’: Expert
Richard Bernstein Advisors CEO Richard Bernstein discusses his outlook for the markets.
Biden admin’s border, inflation crises ‘a dereliction of duty’: Rep. Williams
Rep. Roger Williams scolds Biden's mishandling of border and inflation crises, claiming the admin should "adhere to the law."
Shrinkflation reduces size of popular consumer products
More companies are looking to avoid raising prices to scare off consumers, so they are instead turning to “shrinkflation” — giving consumers less product for the same price or more.
Fed Chair, Ford CEO agree: No quick fix for semiconductor crunch
There is no quick fix for the global semiconductor crisis, according to Fed Chairman Powell and Ford CEO Jim Farley.
Where to find investing opportunities post-Fed meeting
Kestra Investment Management CIO Kara Murphy and Intersect Capital managing partner Joe McLean react to Jerome Powell's remarks on 'The Claman Countdown.'
Winners and losers from Fed's interest rate decision
LPL Financial senior market strategist Ryan Detrick and Price Futures Group energy analyst Phil Flynn provide insight on 'The Claman Countdown.'
The market is digesting the Fed’s uncertainty: Hilsenrath
Wall Street Journal senior writer Jon Hilsenrath and Nuveen chief investment strategist Brian Nick break down Federal Revere Chair Jerome Powell’s news conference
Charles Payne: What the Fed really is and why it has 'enormous' power
Quill Intelligence CEO Danielle DiMartino Booth and economist Nomi Prins discuss why the Fed seems to serve big banks.
Fed statement, inflation update and Powell press conference: RECAP
Fed Chairman Jerome Powell is under pressure to get inflation under control without raising interest rates too fast.
Fed holds rates near zero, signals increase is imminent to curb inflation
FOX Business’ Cheryl Casone reports on the Federal Reserve’s first policy-setting meeting of the year, where the Federal Open Market Committee also reaffirmed its commitment to withdrawing its asset purchase program.
Fed signals interest rate hike could come 'soon' as inflation rages
The Federal Reserve on Wednesday signaled plans for its first interest rate hike in three years, paving the way for a March liftoff as policymakers seek to keep prices under control and combat the hottest inflation in nearly four decades.
Most Americans say inflation will keep rising the next six months: poll
Nearly eight in ten Americans expect that inflation will keep rising over the next six months, according to a new national survey from Gallup
Stuart Varney: China’s zero COVID policy causing US inflation to linger
FOX Business host Stuart Varney argues that President Xi Jinping "should accept that COVID is becoming endemic."