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April inflation numbers show prices much higher than a year ago.

President Biden said Tuesday that tackling inflation is his "top domestic priority" but there's little any president can do unilaterally to bring down the high consumer costs that have dogged the president's approval numbers.

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.

Residents of Wilmington, Delaware said they are budgeting more, traveling less, and using mobile apps to combat high gas prices.

Microsoft co-founder Bill Gates announced on Tuesday afternoon that he has tested positive for COVID-19 and is "experiencing mild symptoms."

"Kudlow" host shreds Biden's handling of inflation.

President Biden on Tuesday called combating the hottest inflation in 40 years his top domestic priority as he sought to reassure Americans over sky-high consumer prices, which have become a majority political liability for Democrats.

Elon Musk says he would reverse President Donald Trump's ban on Twitter.

Three big-name tech billionaires have been hit with sizable blows to their net worth as the technology sector has soured in recent days.

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.

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

Former Council of Economic Advisers Acting Chairman Tyler Goodspeed discusses the state of the economy under Biden's presidency.

Gas prices hit a new all-time high on May 10, 2022, amid rising inflation and President Biden's restrictions on oil and gas production. The prices come as the European Union edges toward oil sanctions on Russia amid the Kremlin's invasion of Ukraine. It also comes amid record-high inflation, with the consumer price index reaching 8.5% in March.

FOX Business host Larry Kudlow voices his concerns over Biden's NEPA permitting rules on 'Kudlow.'

Shares of Richard Branson's Virgin Galactic have tumbled after the aerospace giant's stock was downgraded from a buy to a hold rating by Truist Securities analyst Michale Ciarmoli.

The candidates and super PACs spent a whopping record $74.5 million to run ads in Ohio's Senate primary.

Two former Federal Reserve officials are warning the U.S. central bank will struggle to tame the hottest inflation in four decades without sending the economy into a recession.

Americans' inflation fears remained near a record-high in April, with consumers expecting the price of everyday goods to stay elevated in the coming years, according to a key Federal Reserve Bank of New York survey published Monday.

Lockheed Martin President and CEO Jim Taiclet President said passing the Bipartisan Innovation Act was a crucial step toward increasing investment in the semiconductor industry.

President Joe Biden will draw a contrast between his economic plans and those of Republicans in remarks on Tuesday focused on inflation, a White House official said.