Fed faces fresh pressure to raise interest rates as inflation hits 30-year high
The Federal Reserve for months has taken a patient stance on hotter-than-expected inflation, reiterating frequently that a months-long surge in consumer prices is transitory and that raising interest rates too soon risks the U.S. from achieving full jobs recovery.
Virgin Galactic sells 100 commercial spaceflight seats for $450,000 apiece
Richard Branson's Virgin Galactic has sold approximately 100 seats for its future commercial spaceflights at $450,000 apiece, bringing its total reservations to date to 700.
Student loan forgiveness memo: Expert says Biden has authority to cancel student debt
The White House recently released a memo about canceling debt for federal student borrowers, but the text was heavily redacted. Here's what one expert thinks that means.
Biden admin is ‘disrespecting’ Hispanic community amid border crisis: Rep. Salazar
Rep. Maria Elvira Salazar, R-Fla., joined “Mornings with Maria” Wednesday, suggesting that the Biden administration is being “irresponsible” and “disrespecting” the Hispanic community by allowing illegal migrants to cross the southern border.
Laffer warns of developing inflation pattern similar to the '70s - and it doesn't look good for Biden, he says
Former Reagan Economist Art Laffer discusses the Biden administration’s handling of inflation as U.S. sees supply chain crunch
Virgin Orbit to launch third commercial flight, double pace in 2022
After two successful back-to-back launches in 2021, pre-launch preparations are underway for the third commercial flight of Richard Branson's Virgin Orbit.
Yellen: Federal Reserve won't allow inflation to reach 1970s levels
Treasury Secretary Janet Yellen downplayed concerns Tuesday that inflation could spike to levels seen during an economic downturn in the 1970s, asserting that the Federal Reserve would act before a surge of that magnitude could occur.
Kansas AG candidate Kobach files suit on behalf of employers hit by the OSHA vaccine mandate
Republican Kansas Attorney General candidate Kris Kobach announced on Tuesday that he has filed a lawsuit against the Biden administration over its controversial vaccine mandate for businesses with over 100 employees.
Rep. Ilhan Omar doubts Biden social spending bill vote will happen next week
Rep. Ilhan Omar, D-Minn., expressed doubt Tuesday that President Biden’s social spending bill would pass the House as planned during the week of Nov. 15 after the Congressional Budget Office provided a vague release schedule for its full cost estimate of the mammoth legislation.
Commerce Secretary Raimondo declares Biden admin is 'putting equity at the center of everything we do'
U.S. Commerce Secretary Gina Raimondo asserted Tuesday that the Biden administration is placing equity first and foremost in its decision-making.
Biden, top CEOs talk efforts to address supply chain crunch
President Biden spoke with the CEOs of four major U.S. retailers and delivery companies regarding ongoing efforts to address a supply chain crunch that has resulted in shipping delays and higher prices for consumers, a White House official said Tuesday.
Kudlow: We need to reward success not punish it
Democratic Sen. Ron Wyden of Oregon and his 'cronies' were blasted by the senator’s multimillionaire son for 'hating' the American Dream
SALT deduction in Democrats' spending bill would slash taxes for rich Americans by $200B: analysis
Democrats are angling to repeal a Trump-era limit on state and local tax deductions as part of President Biden's signature spending plan, but a new analysis shows how the bulk of the proposal would benefit wealthy Americans.
Varney: Biden is making inflation worse by closing pipelines, banning drilling
FOX Business' Stuart Varney, during his latest "My Take" on "Varney & Co.," argued President Biden is “not doing anything” about inflation and is making the issue “worse” by closing pipelines and banning drilling.
Biden admin asks court to delay decision on vaccine mandate, says virus dangers justify rule: READ IT
The Biden administration is asking a court to put off a decision on whether to strike down its vaccine mandate for big businesses until a federal panel consolidates the barrage of lawsuits against it.
Biden administration begins notifying borrowers of student loan servicer changes
FSA began notifying borrowers of changes to their federal student loan repayment plans. Here's what you should know if your loan servicer is changing.
Desperate Biden energy policies may drain strategic petroleum reserves
The Biden administration has a range of tools to combat rising energy prices, but the reality is that it won't use most of the effective and simplest ones.
Democrats' spending plan could cause US debt to surge, despite Biden claim: analysis
President Biden has repeatedly pledged that his signature spending plan will pay for itself and add zero dollars to the federal deficit thanks to a slew of tax hikes on wealthy Americans and corporations, but a new analysis suggests the $1.75 trillion measure could trigger a significant debt increase by 2050.
Senate Democrats demand Biden release oil from the Strategic Reserve
A group of Senate Democrats are demanding that President Biden release oil from the Strategic Petroleum Reserve and ban exports of U.S. crude oil
AOC fears Biden spending bill will be gutted after progressives gave up infrastructure bill 'leverage'
Rep. Alexandria Ocasio-Cortez is concerned President Biden’s massive social spending bill will be gutted in the coming days after the left wing of the Democratic Party gave up its “leverage” by voting in favor of the bipartisan infrastructure bill, her office said in a letter to constituents.



















