Money

Social Security recipients are poised to receive the biggest cost-of-living raise in over four decades as inflation rapidly erodes the buying power of retired Americans.

American households are confronting the steepest inflation in a generation, paying more for everything from cars to food to rent as soaring prices eat away at most workers' wage gains.

A federal judge has found that Tesla Inc. CEO Elon Musk's 2018 tweets that funding was secured to take the automaker private were reckless.

Inflation cooled for the first time in months in April, even as supply chain constraints, the war in Ukraine and strong consumer demand continued to keep consumers prices running near a 40-year-high.

Cromwell — who credits himself on Twitter as an “Ethical vegan, Social change activist” — and a few protestors temporarily shut down a Manhattan franchise.

Citadel founder and CEO Ken Griffin was the winning bidder for a Blue Origin spaceflight auction this week, and donated his seat to a New York City teacher.

Cleveland Federal Reserve President Loretta Mester said Tuesday she supports consecutive, half-point interest rate hikes at the central bank's next two meetings – and would back an even bigger increase down the road if sky-high inflation doesn't cool off by the second half of the year.

The cost of rental housing is outpacing wage growth and inflation, according to a new housing study by Pew Research Center.

Energy experts and advocates are warning the closures of coal and nuclear power plants can't keep up with electricity demand, predicting summer blackouts.

FOX Business' Stuart Varney on the Biden administration's plans to combat rising inflation ahead of the president's address Tueday.

Millions of Americans could be in store for higher taxes as a result of the hottest inflation in 40 years.