PERSON

The average price of gas in the U.S. reached a new record high in the days after the Biden administration canceled a 1-million-acre oil lease and as Senate Republicans blame the administration for blocking companies' ability to drill in the Gulf of Mexico.

The "Kudlow" host reacted Wednesday to President Biden coming under fire over free speech governance.

White House press secretary Karine Jean-Pierre said Wednesday that the stock market, which continues to witness erratic trading amid soaring inflation, is not something the White House tends to “keep an eye on every day.”

The average gallon of gas now tops $4 a gallon in all 50 states for the first time ever, according to the auto club AAA.

Nebraska Governor Pete Ricketts discusses inflation and energy prices.

The Biden administration announced the third distribution of free at-home COVID tests for U.S. residents this week. The government website is accepting orders.

A Biden administration rule threatens Americans' retirement funds by prioritizing 'speculative and immaterial risks' from climate change over real returns, attorneys general and treasurers from 24 states wrote in a letter challenging the proposal.

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.