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Federal Reserve Chairman Jerome Powell said that the central bank was advancing research and public outreach regarding its own digital dollar – and a white paper could be released this fall.

The top Republican on the House Financial Service Committee on Wednesday threw his weight behind the renomination of Jerome Powell to a second, four-year term as the chairman of the Federal Reserve.

FOX Business reporter Connell McShane joined "Varney & Co." Wednesday from hazy Morrison, Colorado, a small town reeling from several massive fires plaguing the state this week.

Republicans were quick to condemn Democrats' new $3.5 trillion budget plan as too big and detrimental to the economic recovery.

Sen. John Barrasso, R-Wyo., argued Wednesday that America "can't afford" Democrats' $3.5T spending package.

Republican lawmakers are voicing concerns about President Biden’s proposed changes to estate taxes, citing potential devastating impact on farmers who comprise large populations in several major swing states.

Federal Reserve Chairman Jerome Powell plans to tell Congress on Wednesday that the U.S. economy is "a ways off" from where it needs to be in order for policymakers at the U.S. central bank to begin scaling back the massive monthly bond purchases.

One of the longest-serving leaders of one of the closest U.S. allies, Merkel is set for a warm welcome when she meets Biden during her first visit to Washington since he took office in January.

President Biden is expected to throw his support behind Senate Democrats’ $3.5 trillion spending package on Wednesday, while continuing to push for a bipartisan infrastructure plan.

U.S. equity futures are trading mixed ahead of Federal Reserve Chairman Jerome Powell's two-day testimony before Congress.

President Joe Biden nominated Richard Trumka Jr., a House aide and the son of AFL-CIO president Richard Trumka, to the Consumer Product Safety Commission (CPSC) on Tuesday.

Larry Kudlow slams the tax hike on 'Kudlow'

Former New York Stock Exchange CEO Dick Grasso argued on Tuesday that the Biden administration’s warning to U.S. companies of the increasing risks of operating in China is an “important message.”

Inflation is running hot after consumer prices surged more than expected in June.

Treasury Secretary Janet Yellen said Tuesday that she's prepared to inform Congress she will immediately deploy "extraordinary measures" to avoid violating the government debt limit as lawmakers hurtle toward the July debt deadline.

The Biden administration warned companies about the “heightened risks” of doing business in Xinjiang, China, due to human rights abuses against Uyghurs and others in the region.

The thinking of White House officials is that a recent inflation surge could last for some time, but that the spike is ultimately transitory and will clear up once widespread bottlenecks that have severely disrupted the supply chain begin to dissipate.

Elon Musk's comments come a day after Virgin Galactic's Richard Branson made history as the first person to blast off in his own spaceship.

Are you banking on having a portion of your student loans canceled? Read this first.

Congress is barreling toward a summer battle over spending levels as Democrats rush to craft a pair of spending bills while simultaneously addressing the debt ceiling to keep the U.S. from defaulting on its financial obligations.