Jean-Pierre on drilling more in the US: 'We don't need to do that'
White House press secretary Karine Jean-Pierre argued Thursday the U.S. does not need to increase domestic oil drilling to reduce gas prices.
Stuart Varney: Recession seems inevitable
FOX Business' Stuart Varney discusses the 'serious repercussions' for the economy and politicians as inflation continues to wreak havoc on everyday Americans
Ukraine ‘definitely’ invites President Biden to visit: Former President Poroshenko
Former Ukrainian President Petro Poroshenko says a Biden visit to Ukraine would be a "symbolic" action showing the U.S. is "shoulder to shoulder" with the war-torn nation.
White House shifts from blaming Putin to oil companies for high gas prices, calls on them to ‘be patriots’
The White House on Wednesday appeared to shift from blaming Russia's invasion of Ukraine to oil companies' profits for record-high high gas prices.
Powell says Fed could hike interest rates by another 75 basis points in July
The Federal Reserve may consider another super-sized, 75-basis point rate hike in July as the central bank races to catch up with inflation, Chairman Jerome Powell said Wednesday.
Larry Kudlow: Here's the worst economic news today
FOX Business host Larry Kudlow gives his take on economic issues like rising inflation, recession and the Fed raising their target rate by 75 basis points on "Kudlow."
Baby formula shortage: White House to ship more than 44,000 pounds
The White House announced a seventh mission for its "Operation Fly Formula," sending more than 44,000 pounds of infant formula from Switzerland to Kentucky.
Fed raises interest rate by 75-basis points in historic move to fight inflation
The Federal Reserve on Wednesday approved the largest interest rate hike since 1994 as officials try to tame runaway inflation, which surged to another 40-year high in May.
'Bond king' Jeffrey Gundlach urges Fed to raise rates to 3% immediately
Jeffrey Gundlach called on the Federal Reserve to raise interest rates faster than markets anticipate in order to cool the hottest inflation in four decades.
Stuart Varney: Biden's 'jig' is up after his 'dishonest' speech
FOX Business' Stuart Varney discusses Biden's speech about the economy at the AFL-CIO convention as the president lashed out at Republican talking points
House GOP targets Biden agriculture policies it says could put small farms out of business
House Republicans are introducing a bill to undo President Biden's policies on agriculture and undo a proposed SEC rule lawmakers say will hurt small farms.
Biden blasted for ramping up attacks on oil companies: 'He's an arsonist pretending to be a firefighter'
Former Mike Pence Chief of Staff Marc Short slammed Biden over the president penning a letter to top executives demanding to know why less gas is on the market.
Biden threatens oil companies with 'emergency powers' if they don't boost supply amid inflation spike
President Biden is blaming American oil companies for the surging price of gas in a series of letters to CEOs on Wednesday, expanding beyond blaming Vladimir Putin.
Fed expected to intensify inflation fight with 75-basis point rate hike
The Fed is under mounting pressure to cool inflation with more aggressive interest rate hikes after consumer prices accelerated faster than expected last week.
Larry Kudlow: This will lead to recession
Larry Kudlow blasts Biden's recent comments saying the administration is changing Americans' lives and voices his concerns about rising inflation on 'Kudlow.'
14 Republican-led states demand Biden restore large domestic oil and gas lease amid 'energy crisis'
More than a dozen Republican-led states have legally challenged the Biden administration's decision to cancel the lease sale in Alaska's Cook Inlet, claiming the cancellation will "exacerbate" the energy crisis.
Biden falsely claims inflation 'worse everywhere but here,' but US rate higher than most developed countries
Biden claimed at Tuesday's AFL-CIO conference in Philadelphia that inflation is "worse everywhere but here," although the numbers tell a different story.
Soaring oil, gas prices mean the world is in for a ‘tough time’ this summer: Energy expert
The vice chairman of S&P Global Daniel Yergin argues a "cooperative framework" is necessary to address rising oil and gas prices amid a global energy “crisis.”
Varney: Who suffers most from inflation? People who get their hands dirty
FOX Business' Stuart Varney discusses the impact of inflation on union households as the president is expected to speak at AFL-CIO Quadrennial Constitutional Convention
Biden favors limiting Trump's China tariffs once called 'very effective': report
President Joe Biden favors limiting Trump-era tariffs on China that his administration once praised as effective.


















