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.
McConnell to skip infrastructure bill signing ceremony
Senate Minority Leader Mitch McConnell, R-Ky., said that he will not attend the bipartisan infrastructure bill signing ceremony Monday despite supporting the legislation
Kudlow: We honor the sacrifices many have made for our country
Larry Kudlow joins the rest of the country honoring those who have served on Veterans Day, saluting the men and women who have given so much to this country
FDA recalls 2.2 million at-home coronavirus tests due to false positives
The FDA announced this week that the recall of more than 2.2 million at-home COVID-19 tests by digital diagnostics firm Ellume is being classified as a class 1 recall, which is the most serious type due to the potential for "serious adverse health consequences or death."
Obama advisor says Biden spending partially to blame for surging inflation
A top economic advisor in the Obama administration said Thursday that federal spending for coronavirus relief has contributed to the recent inflation surge.
Americans souring on economy as inflation hits 30-year high
Americans are growing increasingly pessimistic about the state of the U.S. economy as consumers grapple with a surge of inflation that has pushed the price of everyday bedrock goods to the highest level in years.
Lt Col. North on Pentagon linking climate, China as equal threats: Biden will lead us into ‘catastrophic war’
Lt. Col. Oliver North joined “Varney & Co.” Thursday, suggesting that the Biden administration will lead Americans into a “catastrophic war” for ranking the issue of climate change and China as similar threats.
White House doubles down on support for Saule Omarova amid cascading controversies surrounding nominee
The White House is standing by Saule Omarova, its nominee to be the comptroller of the currency.
Why is US inflation so high, and when will it begin to subside?
American consumers are coping with the hottest inflation in more than three decades, with the cost of everyday necessities like food, rent and heating oil surging in recent months.
Cotton tells Biden administration to 'stop the madness' amid 30-year inflation high
Arkansas Republican Sen. Tom Cotton called on President Biden to “stop the madness” Thursday, as U.S. consumers endure mounting costs from an inflation spike not seen in more than 30 years.



















