Fed chair Kevin Warsh faces a key test as inflation compounds the affordability crisis

The debate over the best course for interest rates continued to swirl heading into Wednesday’s rate-setting vote at the Federal Reserve in Washington. While parts of the U.S. economy are relatively stable, like the labor market, experts say this stability could be undermined by the potential inflationary impacts of a longer Iran war or the … Read more

America’s deepening affordability crisis summed up in 5 charts

Although inflation across the U.S. is far cooler than in the post-pandemic years, millions of Americans say they still feel the pinch of rising prices, struggle to pay the bills and express concern about their financial prospects.  Price increases are nowhere near the level reached in June of 2022, when the Consumer Price Index hit … Read more

Leading economist warns of rise of ‘Gen Z affordability socialism’

NEWYou can now listen to Fox News articles! Artificial intelligence is fundamentally transforming the global economy at breakneck speed, but Diogo Costa argues that the real threat to prosperity isn’t technological disruption; it’s the return of bad economic ideas. As the president of FEE (the Foundation for Economic Education), America’s oldest free-market think tank, Costa … Read more

House Democratic leader Hakeem Jeffries kicks off 100 days till midterms with affordability agenda

The stage is in battleground Pennsylvania. The stakes are control of the House. House Democratic leader Hakeem Jeffries on Sunday will unveil the party’s Fighting for an Affordable America agenda, as he kicks off 100 days until the midterm elections and works to focus voter attention ahead of November. In Pennsylvania’s 7th District, tucked in … Read more

As gas prices and mortgage rates rise, the consumer affordability crisis returns

The affordability crisis is revving up again. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The war in Iran and President Donald Trump’s global tariff agenda are pushing prices higher across the country and raising fears of renewed inflation. Gas prices are surging again, hitting $4.10 per gallon … Read more

Lawmakers target energy affordability through sweeping permitting overhaul in new House bill

GOP lawmaker explains how litigation is the ‘problem’ in energy projects Oklahoma Sen. Alan Armstrong discusses the critical need for permitting reform to boost American energy independence. He explains that despite abundant U.S. oil and gas resources, outdated processes and litigation delay essential infrastructure projects. Armstrong, a former CEO, highlights how legal challenges can halt … Read more

Trump to sign sweeping bipartisan housing affordability bill into law at Capitol

Washington — President Trump is set to sign a bill aimed at bringing down housing costs on Wednesday at the Capitol, where lawmakers on both sides of the aisle are claiming credit for the most comprehensive housing legislation in decades. The measure, known as the 21st Century ROAD to Housing Act, aims to increase housing supply … Read more