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The national average cost of a gallon of gasoline reached a new record high Wednesday, according to AAA.

Billionaire Elon Musk's SpaceX will likely become the most valuable U.S. startup as its valuation rose to over $125 billion in an ongoing share sale in the secondary market, sources close to the company's valuation told Reuters.

CEO and corporate recovery expert responsible for turning around General Motors in 2009 blames the Biden administration’s ‘bureaucratic bungling’ and a host of corporate and government ‘screw ups’ for exacerbating the infant formula crisis.

'Kudlow' host reacts to Jeff Bezos criticizing Biden over inflation.

While the U.S. is likely months away from seeing more baby formula back on the shelves, one company is looking to help fill the gap.

Fox Business Network’s "Kudlow" was the most-watched business news program for the fourth straight week from May 9-13.

With the Federal Reserve moving rapidly to tame sky-high inflation by aggressively raising the benchmark federal funds rate, Charlie Scharf said that it is likely there will be some economic fallout.

Fed policymakers hiked the benchmark federal funds rate by a half point earlier this month, and Chairman Jerome Powell has all but promised that two, similarly sized increases are on the table at the forthcoming meetings in June and July.

Fed Chairman Jerome Powell and his colleagues initially operated under the assumption that higher inflation was narrowly related to the COVID-19 pandemic, and that once virus cases started to decline, prices would stabilize too.

FOX Business' Stuart Varney discusses Biden's economic plan and the impact it could have on the country, as well as working people.

Average gas prices in the U.S. reached a new record high Tuesday, according to AAA's gas price calculator.

Tesla CEO Elon Musk, whose purchase of Twitter remains ongoing, slammed President Biden as an empty suit in a podcast interview Monday and warned that if the government continues printing money, inflation will get worse and the U.S. might follow the path of Venezuela.

The war of words between Jeff Bezos and the Biden administration picked up steam on Monday, as the Amazon founder accused the White House of trying to “muddy the topic” on inflation's relationship with higher taxes on corporations and the wealthy.

"Kudlow" host explains the benefits of the government having a balanced budget.

Continental Resources Chairman and founder Harold Hamm explained what he believes is behind the record prices Americans are facing at the pump, arguing that the Biden administration’s “failed policies on energy are not working.”

David McCormick, a George W. Bush administration alum and former CEO running for U.S. Senate in Pennsylvania, slammed President Biden's "war on energy" for record-high gas prices, contesting Biden's strategy of blaming Russian President Vladimir Putin.

Amazon founder Jeff Bezos blamed President Biden for inflation, arguing that Sen. Joe Manchin saved the administration from making the problem worse.

The cost of living and the economy dominate Americans minds ahead of the midterm election's despite the leaked Roe v. Wade ruling, a potentially worrying sign for President Biden.

Former Amazon CEO Jeff Bezos has called on President Joe Biden's own Disinformation Board to fact-check the president's latest inflation tweet.

Across the country, steel production is expected to increase due to a new federal mandate that prioritizes U.S. steel over foreign alternatives. Starting May 14, all federally funded infrastructure is required to use U.S.-made steel and iron.