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The facility, which will be capable of producing up to six of the company's Delta-class spaceships per year, is expected to be fully operational by late 2023.

Rep. Ashley Hinson, R-Iowa, criticized the Biden administration's answer to inflation and 'America last' policies as they look spend more money amid rising costs.

Rep. Chris Stewart, R-Utah, discusses President Biden's trip to Saudi Arabia in an effort to lower the price of oil as Americans see record-high gas prices.

Inflation hit 9.1% this week and has soared for 13 months since Treasury Secretary Janet Yellen told Americans that inflation in the United States would be "transitory."

FOX Business host Larry Kudlow voices his concerns over the reconciliation package and explains the consequences of the spending bill on Thursday's 'Kudlow.'

Ivana Trump, who died on Thursday at the age of 73, had an illustrious career as a businesswoman and oversaw the interior design of several Trump properties.

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.

The hotter-than-expected June inflation report is fueling bets that the Federal Reserve will approve a 100-basis point interest rate hike, a historic move to fight rising prices.

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.

FOX Business host Larry Kudlow implored West Virginia Democrat Senator Joe Manchin adopt a pro-growth fiscal approach as Americans experience inflation on Wednesday's "Kudlow."

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

Republican Sen. John Barrasso said Wednesday that he met with Federal Reserve Chairman Jerome Powell one day before the Labor Department released the June inflation data.

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

Microsoft co-founder Bill Gates announced Wednesday that he plans to donate nearly all his wealth, and will no longer be among the world's richest people.

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."