Biden's oil, gas moratorium dealt potentially fatal blow by federal court
A federal judge struck down the federal oil and gas leasing moratorium Thursday evening, potentially ending the policy President Biden has pursued since taking office.
Former Obama economist slams student debt relief: It's not ‘free money,’ will ‘hurt’ almost everyone
The former chairman for President Obama's Council of Economic Advisors slammed the idea of federal student loan forgiveness as something that will "hurt" almost everyone.
Higher-income earners visit food banks and shop at Walmart as food inflation rises
Americans who typically lived comfortably with higher incomes are flocking to Walmart, food banks, and thrift stores as high inflation continues to plague the United States.
Plan for rail contract deal doesn't address concerns: union
A report issued by a Biden-appointed board to help get stalled railroad contract talks going is getting pushback by union officials.
Biden signs Inflation Reduction Act: Here's what it means for your wallet
President Biden signed the Inflation Reduction Act on Tuesday, which some experts have said could lower the cost of health care for many families.
Largest energy industry group warns of Dem inflation bill's impact: 'Going to harm the American consumer'
The largest oil and gas industry group outlined its opposition to Democrats' Inflation Reduction Act, arguing that the bill will lead to higher costs for companies and consumers.
Sweetheart union deal will undermine Inflation Reduction Act’s clean energy agenda
Unions benefit from sweetheart deal buried in new Inflation Reduction Act. But construction firms and climate activist oppose the harmful regulations.
Biden approves largest oil, gas lease sale in US history, steamrolls eco review with inflation bill
President Biden approved a massive Gulf of Mexico fossil fuel lease sale, which his administration chose not to defend in court, when he signed the Inflation Reduction Act on Tuesday.
GM, Ford say electric vehicle price increases have nothing to do with Dem spending bill
Two large U.S. automakers refuted criticism Tuesday that recent price hikes were related to the Inflation Reduction Act which extends the electric vehicle tax credit.
Student loan payment freeze to end in August as Biden mulls decision
The federal student loan moratorium is poised to expire at the end of August, meaning that millions of borrowers could soon be forced to resume payments.
Here's how experts say Dems' inflation bill will increase energy prices
Americans can expect to pay higher energy prices as a result of Democrats' massive climate and tax spending package, which President Biden signed into law on Tuesday, experts said.
Former IRS whistleblower says government will target middle class under Dems' inflation bill: It's 'bulls--t'
Former IRS lawyer William Henck told FOX Business the agency will target middle-income Americans with new audits to raise revenues under the Inflation Reduction Act.
Biden adviser Anita Dunn forced to divest multimillion dollar investment portfolio to avoid conflicts
Anita Dunn, President Biden's senior adviser, will have to divest investments valued up to $48.2 million to avoid conflicts of interest. Dunn previously sidestepped disclosures.
Climate warrior Dems silent on Manchin bill's oil and gas leasing provisions
House Democrats who have been vocal about their opposition to new fossil fuel leasing on federal lands were silent Friday when asked about the Inflation Reduction Act, which boosts oil leases.
Biden taking victory lap for lowering gas prices is 'egregious': Energy expert
Schork Report principal Stephen Schork called out the Biden administration for claiming they are responsible for falling gas prices, stating it's due to a lack of demand.
Yellen instructs IRS not to increase audits on middle class with new funding
IRS Commissioner Charles Rettig was instructed by Treasury Secretary Janet Yellen on Wednesday not to increase audits on the middle class with new funding.
Stuart Varney on Biden’s ‘zero’ inflation claim: We know we’re worse off, despite what the president says
FOX Business' Stuart Varney discusses the White House's messaging on inflation as Americans face economic challenges ahead of the 2022 midterm elections.
Dem congressman says monthly inflation is zero, claims US not in a recession
A Democratic congressman said during a House Rules Committee markup Wednesday that there was zero inflation last month and the U.S. is not in a recession.
Inflation climbed 8.5% in July as prices cool but remain near record high
Painfully high inflation persisted in July as the consumer price index hovered near a 40-year high, continuing to create financial pressure for millions of U.S. households.
Democrats add stock buyback tax to Inflation Reduction Act: What to know
Senate Democrats on Sunday approved the sweeping Inflation Reduction Act, which includes a slew of new taxes on corporations, including a 1% excise fee on stock buybacks.