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Democrats are considering a groundbreaking new tax on billionaires and other ultra-high earners in order to pay for the bulk of President Biden's signature economic spending plan.

President Biden leaves the U.S. for a climate summit Thursday, but Democrats appear poised to miss an end-of-month deadline to agree on reconciliation and pass infrastructure -- just like they did last month.

Government programs and policies are exacerbating a decadeslong workforce exodus, with Americans becoming increasingly disconnected from the job market, according to a new analysis published Wednesday by the Joint Economic Committee Republicans.

While Democrats fight each other to spend nearly $5 trillion, farmers and producers understand what effect such reckless, out of control spending will have on our food supply.

Senate Democrats unveiled more details Tuesday about their proposal to implement a 15% minimum tax on corporate profits as part of their efforts to cover the cost of President Biden’s expansive social spending bill.

In a lengthy Twitter thread, Wood argues that the price increases impacting consumers should wind down after the holiday season due to three sources of deflation.

White House press secretary Jen Psaki said Tuesday that the Biden administration will continue pressuring OPEC members to boost oil production as gas prices reach their highest level in a decade.

FOX Business' Stuart Varney, during his latest "My Take" on "Varney & Co.," argued the Biden team is in "crisis mode" ahead of the climate summit Glasgow.

Sen. Joe Manchin said Tuesday that a deeply controversial proposal that would force banks to turn over most customers' account information to the Internal Revenue Service will likely be dropped from Democrats' final tax and spending bill, even after the White House agreed to narrow the scope of the plan.

Continental Resources Chairman and founder Harold Hamm criticizes the Biden administration for "censuring" the oil industry amid renewable energy transition.

The Treasury Department hired a former JPMorgan Chase executive to lead the agency's new program aimed at combating racial inequality issues in banking and other financial services industries.

A top House Democrat threw doubt on a new Senate plan to tax the unrealized capital gains of billionaires and other ultrahigh earners, arguing the proposal may be too complicated to implement.

Nevada Republican Senate candidate Adam Laxalt says he believes Democrats' "transformational" reconciliation bill could help him win his race.

Former Obama administration economic adviser Larry Summers fired back at Treasury Secretary Janet Yellen on Monday after she argued he was “wrong” to suggest the country faced a risk of out-of-control inflation.

Mexican drug cartels are beguiling American teenagers into big paydays if they assist in the human trafficking crisis at the southern border, Fox Business has learned.

A group of nearly 100 banks and other industry groups urged the Biden administration to drop a plan to force banks to turn over most customers' account information to the Internal Revenue Service.

Federal Reserve officials are poised to start slowing their aggressive bond-buying program in November, the first step in dialing back pandemic-era support for the U.S. economy.

Economist Stephen Moore discussed his outlook for inflation and energy prices.

FOX Business host Stuart Varney discusses the Democrats’ "desperation" to tax the rich

Senate Democrats are crafting a plan to tax billionaires and other ultra-high earners in order to pay for the bulk of President Biden's signature economic spending plan after failing to secure enough support for a slew of other planned tax increases.