Consumers' inflation expectations hit record high

Interest rates are higher (again), courtesy of the Federal Reserve, which hiked its benchmark interest rate Wednesday, for the eighth time in a row since last March.

Steven Kamin writes that the Fed's slowing in the pace of monetary tightening would likely mean that its rate hikes will soon be coming to an end. That would be great news for the economy, and a smart move for a few different reasons.

Inflation has reduced the value of social security benefits to recipients. But there will be further cuts in the long run. Experts say the increasing needs of seniors are burdening small benefit reserves. Americans are living longer because of lower lifestyle risks. Life expectancy was 47 years in 1900 and it was 76 in 2021.

Social media is ablaze after news that Hellmann’s Mayonnaise is being withdrawn from South African grocery shop shelves, according to some analysts, because of the war in Ukraine.

President Joe Biden intends to end the Covid-19 national and public health emergencies on May 11, the White House said Monday. That means that many Americans could have to start paying for Covid-19 testing and treatment after the declarations cease.

China has hit back after reports that Washington is moving to further restrict sales of American technology to Huawei.

"There is no other way to talk to these fools," State Duma member and former military commander Andrey Gurulyov said.

The United States is tracking warlike announcements by Iran’s regime that it deployed two military ships to Brazil that are also headed for the Panama Canal, where Tehran declared it will establish a military presence. A U.S. State Department spokesperson told Fox News Digital on Tuesday, "We are aware...

Shell made a record profit of almost $40 billion in 2022, more than double what it raked in the previous year after oil and gas prices soared following Russia's invasion of Ukraine.

China's southwestern province of Sichuan will drop restrictions on unmarried people having children, part of a broader attempt by the government to boost the country's plummeting birth rate.

President Joe Biden is fine-tuning his argument for reelection in an intensive stretch of travel and fundraising, homing in on the newly powerful House GOP as a threat to the rebounding economy as the pieces of his expected campaign come together.

Washington is on the type of dramatic collision course on which some politicians thrive. President Joe Biden has the power to end this debate and move on, according to one line of thinking. Why is he unwilling to try it?

Ngozi Okonjo-Iweala talks about the impact of the African Continental Free Trade Area and the future of trade on the continent.

China is set to make market-oriented changes to the way initial public offerings are approved, as it tries to reset the economy and rebuild investor confidence after a chaotic exit from zero-Covid.

Shares in Gautam Adani's businesses plunged further on Thursday after an attempt by the Indian billionaire to reassure panicking investors failed to halt a stock market meltdown that has wiped $100 billion off the value of his conglomerate.

President Joe Biden will deliver his second State of the Union address next week to a country that has a pretty gloomy outlook on things.

A member of the Senate Intelligence Committee is calling on Apple and Google to remove TikTok from their app stores over concerns about national security, in the latest indication of mounting scrutiny on the short-form video app from members of Congress.

February 2, 2023

For years, Facebook and its CEO Mark Zuckerberg invested heavily in growth, including in areas like virtual reality with unproven potential. But after a brutal year in which the company lost more than $600 billion in market value, Zuckerberg has started speaking Wall Street's language — and they are rewarding him for it.

What is the debt ceiling and how could it affect the U.S. government's ability to fulfill its legal obligations? We'll examine that this Thursday as meetings in Washington determine what's next. Then, we'll take to the skies to learn more about the history of this jumbo jet and what's in store for airlines of the future. Additionally, we'll investigate a search that has been described as like trying to find a needle in a haystack.