Inflation

American households are grappling with the fastest price increases in nearly four decades, with the cost of everything from cars to gasoline to food soaring in November, the Labor Department reported Friday.

President Biden's sprawling social spending and climate plan could increase the federal budget deficit by $3 trillion over the next decade if the programs included in the spending bill are made permanent, according to a new Congressional Budget Office analysis released Friday.

Republican reaction came quickly to Friday morning’s news that last month inflation surged at its fastest pace in nearly four decades.

Consumer prices surged at the fastest pace in nearly four decades in November as Americans paid more for practically everything from groceries to cars to gasoline, solidifying hot inflation as a key trait of the economic recovery.

The latest measure of inflation is projected to show another eye-popping figure as the price of everyday consumer goods soared higher in November.

National Economic Council Director Brian Deese dodged a reporter's question about inflation, instead opting to tout the economic recovery from the pandemic

FOX Business host discusses Sen. Joe Manchin's eye-opening comments at the WSJ CEO Council Summit.

Sen. Joe Manchin raised concerns on Tuesday about inflation and refused to commit to supporting his party's massive social spending and climate plan, though Democrats hope to pass it by Christmas.

A new national poll indicates that paying everyday household bills, and inflation specifically, now top the list of concerns American families say they currently face.