President Biden's statement on tentative railway labor agreement

President Joe Biden said Thursday that a tentative railway labor agreement has been reached, averting a potentially devastating strike before the pivotal midterm elections.

Union members reject deal 2 days before deadline to avoid massive rail strike

A potential strike could impact shipments of everything from clothes to cars, hurting businesses nationwide as they deal with ongoing supply chain problems. The deadline to avoid a strike is Friday.

Dow falls 1,250 as inflation maintains grip on US economy

Many of the data points within the inflation report were worse than economists expected, including some the Fed pays particular attention to, such as inflation outside of food and energy pri

Inflation falls for 2nd consecutive month on lower gas prices

Inflation has driven up the costs of families’ grocery bills, rents, and utility costs, placing hardships on households and increasing gloom about the economy despite job growth and low unemployment.

Massive rail strike could mean more supply chain issues

A possible worker strike would threaten the U.S. economy with an estimated cost of $2 billion per day.

Is inflation cooling off? It depends where you live

Western states facing inflation rate of 9.6% even as price increases show hint of slowdown.

Consumer prices rise to 6.3% in July as inflation begins to ease a bit

A report released by the Commerce Department reveals that a decline in energy prices in July offered some relief amid high prices caused by inflation.

Steak prices decline on waning demand

The cost of steak is on the decline while ground beef prices remain elevated as consumers adjust their protein preferences to escape soaring inflation.

ON THE HILL: Transportation Sec. Pete Buttigieg talks Inflation Reduction Act, transportation issues in DMV

In case you missed it Sunday morning, FOX 5's "On the Hill" program sat down with Transportation Secretary Pete Buttigieg for a one-on-one interview to talk about topics including the passage of the Inflation Reduction Act and what it means for consumers, transportation projects happening across the DMV, and the efforts to resolve “soul crushing” traffic across the area.

What's in the Inflation Reduction Act? Health care, climate change goals become law

President Joe Biden arrived at the White House promising to “build back” America, and now he has signed into law legislation with a slimmer version of that idea.

Inflation Reduction Act: Biden signs massive climate and health care bill

President Joe Biden is preparing to sign Democrats’ landmark climate change and health care bill, which includes the most substantial federal investment in history to fight climate change.

‘Rich’ people reportedly head to Applebees, IHOP during high inflation

“We perform well during tough times like this,” said parent company Dine Brands chief executive John Peyton told the Post on how inflation has impacted its business.

US inflation slips from 40-year peak but remains high at 8.5%

Consumer prices jumped 8.5% in July compared with a year earlier, the government said Wednesday, down from a 9.1% year-over-year jump in June.