Musk contends that this taxation happens in two ways: directly, through income tax, and indirectly, by increasing the money ...

Mortgage rates rose between 2021 and late 2023 as the Federal Reserve raised its benchmark fed funds rate to fight inflation.

Repealing the subsidy, which has been a signature measure of President Joe Biden's Inflation Reduction Act (IRA), is being discussed in meetings by an energy-policy transition team led by billionaire ...

Andriana Kugler, a member of the Fed’s board, says economic research shows that an independent central bank typically does a ...

The Producer Price Index delivered a higher-than-expected annual wholesale inflation rate of 2.4% in October, its highest ...

Economists say there’s very little a president can do in the short term to get grocery prices down since sustained declines ...