Stuart Varney: Big day for inflation fighting
FOX Business' Stuart Varney on the pain inflation has inflicted on everyday Americans as a result of Fed Chair Powell and the Biden administration's slow response.
Fed's Powell in congressional hot seat over inflation blunder
Republicans and Democrats on Capitol Hill are expected to skewer Federal Reserve Chairman Jerome Powell this week over the hottest inflation in four decades.
Wednesday's trading: 5 things to know
Here are the key events taking place Wednesday that could impact trading, including Fed Chair Jerome Powell's testimony before Congress.
Goldman warns recession risks now higher and 'more front-loaded'
The U.S. economic outlook is darkening, according to a group of Goldman Sachs strategists, who raised the odds of a recession in the next two years to 48%.
Odds of US economy sliding into recession next year jumps to 40%, Bank of America says
The U.S. economy could slide into a recession next year, according to Bank of America strategists, as the Federal Reserve ramps up its inflation battle with more rate hikes.
Powell testimony, home sales, FedEx earnings top week ahead
Fed Chairman Powell, FedEx and fresh data on housing top events that are likely to move financial markets in the coming days as FOX Business takes a look at the week ahead.
Fed could 'break' the economy with aggressive rate hike campaign, analyst says
The Federal Reserve's massive rate hike this week has fueled speculation on Wall Street that the U.S. economy is headed for a recession soon as inflation roars.
Recession fears spike among CEOs, with 60% forecasting economic downturn
Recession fears are surging among global executives, with a majority predicting a looming downturn as a result of soaring inflation and rising interest rates, a new survey shows.
Ken Langone warns of 'serious recession' after Fed 'disappointment' on inflation
Home Depot co-founder Ken Langone discusses the state of the U.S. economy and the impact of the Fed's delay to address inflation as prices continue to rise
Powell pledges the Fed is 'acutely focused' on tackling inflation
The Federal Reserve is focused on tackling inflation and bringing consumer prices closer in line with the central bank's 2% target, Chairman Jerome Powell said on Friday.
US economy headed for imminent recession, Fed GDP tracker shows
A closely watched Federal Reserve tool showed economic growth in the second quarter may have stalled, raising the possibility that the economy is already in a recession.
Federal Reserve raises interest rates by highest increase since 1994
The Federal Reserve is making a major move to combat inflation by raising interest rates 75 basis points, the highest increase since 1994.
Sizzling-hot inflation costing Americans an extra $460 a month, analysis shows
Inflation has sent the cost of everyday necessities - including cars, rent, food and gasoline - soaring last month, weighing on most American families.
Mortgage rates surge to 5.78%, highest level since 2008
Freddie Mac says mortgage rates have surged to the highest level since 2008, the result of rising inflation expectations and higher Federal Reserve interest rates.
Fed raises interest rates: Smart money moves to make now
The Federal Reserve's historic interest rate hike will impact consumers' wallets. Here are moves you can make right now that could help your finances.
Powell says Fed could hike interest rates by another 75 basis points in July
The Federal Reserve may consider another super-sized, 75-basis point rate hike in July as the central bank races to catch up with inflation, Chairman Jerome Powell said Wednesday.
Higher rates could lead to bigger fortunes for savers compared to past several years: Bankrate analyst
Greg McBride, Bankrate chief financial analyst, discussed the impact of rising rates on savers and offers tips on maximizing the opportunity for the highest returns.
Fed raises interest rate by 75-basis points in historic move to fight inflation
The Federal Reserve on Wednesday approved the largest interest rate hike since 1994 as officials try to tame runaway inflation, which surged to another 40-year high in May.
'Bond king' Jeffrey Gundlach urges Fed to raise rates to 3% immediately
Jeffrey Gundlach called on the Federal Reserve to raise interest rates faster than markets anticipate in order to cool the hottest inflation in four decades.
Why experts are warning consumers should pay off their credit card debts sooner rather than later
Bankrate.com senior analyst Ted Rossman advises consumers to pay off credit card debt soon as "things change fast" amid recession fears and interest rate hikes.


















