The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and spiraling federal debt.

A top economic adviser to President Joe Biden warned that Donald Trump’s incoming administration risks reigniting inflation if it interferes with the Federal Reserve’s policymaking on interest rates.

If public opinion polls are the guide, Joe Biden has been the worst president since Richard Nixon. Here's why that may be true.

The 100 wealthiest Americans got more than $1.5 trillion richer over the last four years, with tech tycoons including Elon Musk, Larry Ellison and Mark Zuckerberg leading the way, according to the Bloomberg Billionaires Index. The top 0.1% gained more than $6 trillion, Federal Reserve estimates through September show.

The super-rich have long played a role in U.S. politics but have an unusually prominent spot in incoming President Donald Trump's new administration.

The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change.

President Joe Biden had good news to deliver in the final jobs report of his administration, which saw jobs growth that defied expectations. Speaking from the Roosevelt Room in the White House on Friday evening, Biden touted the "transformational progress" the economy has made under his watch.

President Joe Biden lauded his administration’s record on the economy after the labor department reported Friday a surge in job growth and decline in unemployment last month.

The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum Reserve, a bid to lock in land protections and conservation requirements days before President-elect Donald Trump takes office.

President Joe Biden's tenure in the White House is ending with a gulf between his policy record and his public reputation.

In an open letter to the American public ahead of the speech, Biden alluded to the fact that a central promise of his 2020 campaign remains unfulfilled.