Joe Biden

Varney: Biden admin ‘downplaying’ costly Build Back Better plan

FOX Business' Stuart Varney, during his latest "My Take" on "Varney & Co.," said the Biden administration is “down-playing” the costly Build Back Better plan after Democrats aim to raise $400 billion in new revenue over the next decade by giving the Internal Revenue Service an extra $80 billion. 

Surging inflation hurts low-income Americans the most, new study shows

American consumers are grappling with the highest inflation rate in more than three decades, and the surge in the price of everyday goods is disproportionately hurting low-income workers, according to a new analysis published Monday by the Joint Economic Committee Republicans.

California's average gas price hits new high

Prices in California, according to AAA, have been on an uphill swing, increasing from the $4.625 per gallon mark a week ago. About a month ago, prices were $4.466 per gallon, according to AAA. However, prices were hovering at $3.176 per gallon a year earlier.