President Donald Trump and Speaker Mike Johnson suffered an embarrassing setback in the House Budget Committee on Friday as conservative holdouts blocked the massive bill containing trillions of ...

Americans’ views of the economy continued to sour in May, as the University of Michigan’s consumer sentiment index dropped to a preliminary reading of 50.8, down 3% from the final reading of ...

Citing large and growing budget deficits and rising interest costs, Moody’s Analytics on Friday reduced its credit rating on U.S. government debt, eliminating the last top-ranked, triple-A ...

Lots of big news on this Friday. Fiscal hawks handed President Donald Trump and House Speaker Mike Johnson an embarrassing setback, and the fiscal analysts at Moody's dealt U.S. debt an ...

Happy Thursday! On this date in 1800, President John Adams ordered the federal government — and its grand total of 125 employees — to move offices from Philadelphia to the new capital ...

Testifying before Congress Wednesday about President Donald Trump's 2026 budget request, Health and Human Services Secretary Robert F. Kennedy Jr. defended the mass firings occurring at the health ...

House Republicans took a couple of big steps forward on their sweeping, partisan budget bill on Wednesday via key committee votes that advanced both a package of tax cuts and some major Medicaid ...

Happy Tuesday! It's a big day for the Republican budget bill, so let's get to it. Republicans Plow Ahead on Trump's Big Bill House Republicans are entering what they hope is the final stretch of ...

Defying concerns about tariff-driven price increases, the 12-month inflation rate fell to 2.3% in April, the Labor Department announced Tuesday. The results were better than expected by a tenth of ...

House Republicans are entering what they hope is the final stretch of their race to pass their massive bill containing much of President Trump’s agenda, including tax changes that would cost a ...

Thanks to the annual surge in receipts as Americans pay their tax bills, the U.S. recorded a budget surplus of $258 billion in April. The surplus was about $48 billion larger than the monthly ...

President Trump signed a sweeping executive order on Monday aimed at lowering prescription drug prices and "equalizing" costs here with those in other wealthy nations. "The United States has less ...