Extending all of the 2017 tax law could add close to $5 trillion to the national debt. To offset the cost, Trump and ...

Powell is admitting that inflation is still too high, but the Fed still plans to cut interest rates by .25%. So why are ...

Recent market volatility is likely due to investors realizing that Fed Funds rate cuts aren't achieving the intended effects.

Gift 5 articles to anyone you choose each month when you subscribe. There is something seriously wrong with the federal budget. Tax and other government revenue are hovering near a sustained ...

The tally was the highest since Biden took office in 2021 and higher than any year of ... administration plans to tap resources across the federal government to power the planned deportation ...

The cap on how much the government can borrow has become a political football, but the consequences are very real. The Latest Happy holidays: We got you some Capitol Hill chaos. House members are ...

President-elect Donald Trump, Tesla CEO Elon Musk and Vice President-elect JD Vance attend the Army-Navy football game on December 14. Photo: Kevin Dietsch/Getty Images.

President-elect Donald Trump abruptly rejected a bipartisan plan Wednesday to prevent a government shutdown, instead telling House Speaker Mike Johnson and Republicans to essentially renegotiate — ...

Copyright 2025 The Associated Press. All Rights Reserved. The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year ...

Photo: Al Drago/Bloomberg The Federal Reserve signaled greater doubt over how much it would continue to cut interest rates after agreeing to a reduction on Wednesday that Chair Jerome Powell ...

The Federal Reserve on Wednesday announced its third straight interest rate cut, lowering the benchmark rate by 25 basis points amid economic data showing that inflation remains above the central ...