Joe Biden

Inflation accelerated more than expected in June, and economists say it could be a "long, hard slog" before prices begin to normalize, despite strong action by the Federal Reserve.

American Petroleum Institute CEO Mike Sommers ripped President Biden's approach to energy policy Thursday, saying his administration's agenda has contributed to inflation.

President Biden is under attack for record high gas prices that are hitting Americans hard. Beyond a 'gas tax holiday' there is much more the president and his team could do.

The Biden administration is laser-focused on tackling inflation, Treasury Secretary Janet Yellen said Thursday, calling reducing rising consumers the White House's "top" priority.

The producer price index, which measures inflation at the wholesale level before it reaches consumers, accelerated again in June, the Labor Department said on Thursday.

American energy industry representatives are upset that President Biden is asking for more oil abroad, rather than changing his policies at home.

Washington, D.C., shoppers say that inflation is affecting them so much that they are changing their diets, working overtime and going without essentials.

Former Treasury Secretary Larry Summers said Wednesday that the sizzling-hot June inflation report had ramped up the odds of a "significant" economic downturn.

President Biden is under fire from Republicans over inflation reaching another record high Wednesday, with the Consumer Price Index reaching 9.1%.

Inflation hit a new four-decade high in June, the fastest increase since 1981, six months after President Biden said "it’s the peak of the crisis."

American workers have experienced a whopping $3,400 decrease in annual wages thanks to inflation under President Biden, erasing all money received from pandemic stimulus checks.

Republicans are introducing a new bill to hold the Biden admin accountable for rising inflation, by requiring inflation impact to be taken into consideration in executive actions.

Painfully high inflation persisted in June as the consumer price index soared to another 40-year high, adding to a growing list of political problems for the Biden administration.

Former House Speaker and Fox News contributor Newt Gingrich discusses Biden's energy policies constricting U.S. oil production as gas prices hit all-time highs

The White House is already downplaying the June inflation report ahead of its release on Wednesday morning as economists brace for another record-breaking increase.

The entire Republican delegation on the House Energy and Commerce Committee wrote a letter to the Environmental Protection Agency on Tuesday, demanding plans for the power crisis.

The Biden administration deemed 66 years old to be too old to fly a commercial airline as a pilot, but President Biden himself turns 80 years old this November.

The Department of Health and Human Services said the U.S. will order more than 3 million doses of Novavax, Inc. COVID-19 vaccine upon emergency authorization.

Sen. Ted Cruz condemned Biden's immigration policies saying they inflict misery on Texas and they will continue unabated because that's what the White House wants

The White House expects a large inflation number Wednesday, but press secretary Karine Jean-Pierre blamed Russia and argued prices are already falling.