GOP rep wins primary to defend closely watched Arizona seat

Republican Rep. David Schweikert won party approval to retain one of the most vulnerable lawmakers. Arizona congressional seatDemocrats hope to overturn that in November. The 1st District is currently held by Schweikert, who is up for reelection in 2022 by less than 1% and was the favorite to win in the primary. Senate and House […]

Inflation measure closely watched by the Fed rises 2.5% in June

See what’s clicking on FoxBusiness.com The inflation indicator is Federal Reserve There was some easing in June, even as rising prices continue to weigh heavily on millions of Americans. According to the Labor Department, the personal consumption expenditures (PCE) index showed that consumer prices rose 0.1% from the previous month, and were up 2.5% year-on-year, […]