California's average gas price hits new high
Prices in California, according to AAA, have been on an uphill swing, increasing from the $4.625 per gallon mark a week ago. About a month ago, prices were $4.466 per gallon, according to AAA. However, prices were hovering at $3.176 per gallon a year earlier.
Varney on 'wall of money' flooding economy, markets: We've never seen anything like this
FOX Business’ Stuart Varney argues the president's economic agenda could lead to more inflation and monumental debt
What's in the $1.2T bipartisan infrastructure bill?
President Biden on Monday plans to sign the long-stalled $1.2 trillion infrastructure package into law, an integral part of his economic agenda and the largest investment in the nation's crumbling roads and bridges in decades.
Democrats trying to push through ‘reckless’ bill: Sen. Scott
Sen. Rick Scott, R-Fla., discusses Biden and the Democrats' spending bills that will contribute to "more inflation."
Biden’s massive spending bill set to collide with debt ceiling, funding fights after CBO score delay
Several must-pass bills with deadlines in December, plus rising inflation, could put President Biden's biggest agenda item in doubt.
Biden and Xi Jinping set modest expectations for Monday meeting
President Biden’s China policy, a mix of confrontation and cooperation, will face a stress test when he meets virtually Monday evening with President Xi Jinping, as the leaders attempt to build on signs of easing hostility.
Biden's tax breaks for local media an effort to turn them into 'versions of leftist NPR or PBS,' critic says
President Joe Biden is proposing to give a major tax break to local media outlets as part of the $1.85 trillion reconciliation being considered by Congress.
Trumps selling prized Washington, DC hotel for $375 million
Donald Trump’s family hotel company has reached an agreement to sell the rights to its glittering Trump International Hotel, located in Washington, D.C., for $375 million.
Yellen ties end of inflation with 'successful' response to COVID pandemic
Treasury Secretary Janet Yellen on Sunday claimed that the end of inflation will depend on the pandemic and whether there is a “successful” response to COVID-19 by the Biden Administration.
Top Biden economic adviser says $1.75T spending bill will reduce inflation
White House national economic director Brian Deese on Sunday touted the Democrats’ $1.75 trillion social spending and climate package as the solution to reducing inflation.
Walmart earnings, Biden’s controversial Treasury pick on the hill and housing data top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Elon Musk slams Bernie for demanding wealthy pay 'fair share’: 'You're still alive'
Tesla CEO Elon Musk hit back at Sen. Bernie Sanders with a devastating response to his demands that the wealthy “pay their fair share."
Yellen admits labor participation 'quite depressed' compared to pre-pandemic levels
U.S. Treasury Secretary Janet Yellen has admitted that labor force participation is "quite depressed" compared to pre-pandemic levels, blaming COVID-19 for the issue.
Judge: Trump company doesn't have to pay Cohen’s legal bills
Donald Trump’s company won’t have to pay hefty legal bills incurred by his former personal lawyer and fixer Michael Cohen.
New ad targets moderate House Dems over surging inflation as Biden pushes $1.75T plan
A conservative group focused on opposing President Biden's economic agenda launched a new $100,000 ad campaign this week targeting five House Democrats over surging consumer prices as inflation hits the highest level since 1990.
White House quiet on plan to tackle rising gas prices as inflation surges
White House press secretary Jen Psaki on Friday declined to specify how the Biden administration plans to tackle soaring gas prices, despite assurances from the president that addressing the matter is a "top priority."
Most millionaires would receive a tax cut under Democrats' latest spending proposal: analysis
A majority of millionaires would receive a tax cut under the newest reconciliation framework unveiled by House Democrats, according to a new analysis published this week.
Former White House economist blasts Biden’s policies for rising inflation: It’s ‘a hard tax on people’
Former White House Economist Kevin Hassett rips the Biden admin for calling inflation "transitory" as Americans see rising prices
A look at Saule Omarova, Biden's controversial nominee for bank regulator
The White House has doubled down on support for its controversial nominee to run the Office of the Comptroller of the Currency (OCC) despite bipartisan concerns.
Spending bill would break Biden pledge not to raise taxes on middle class, analysis finds
Provisions included in a draft version of President Biden’s social spending bill would violate his pledge that tax hikes will only affect Americans earning more $400,000 or more, according to an analysis released Thursday by the nonpartisan Tax Policy Center.



















