foxbusiness.com / .foxbusiness-com-economy / Page 3

The new Fed chairman intends to be a reformer at the central bank ...

Fed Chair Kevin Warsh told lawmakers the central bank won't tolerate persistently elevated inflation and will take the steps needed to preserve price stability.

The Bureau of Labor Statistics found that the consumer price index (CPI) eased in June as consumer price growth slowed after a recent surge caused by the Iran war.

Federal regulators issued new guidance reminding banks to account for credit risks when lending to borrowers without U.S. work authorization.

Bargain hunters have made Erie, Pennsylvania, one of the nation's hottest housing markets. Homes in Pennsylvania's only Great Lakes port city sell in just 29 days on average.

An internal memo reveals Volkswagen faces a 20% cost disadvantage, with up to 100,000 total job cuts now under consideration across all brands.

Ramsey personality and financial expert George Kamel warns that claiming Social Security early is driven by fear, not strategy, as the 2032 trust fund depletion deadline looms.

A 32% surge in food costs over five years has pushed more than 1 in 4 working-age Americans into credit card debt strain just to cover grocery bills.

Five reports of Flaunt power banks catching fire prompted a recall of 1,400 MagSafe battery chargers, with burn injuries to hands and arms.

Federal spending on national debt interest, Social Security, Medicare and Medicaid drives the budget deficit $35 billion higher than last year.