Economist Jeffrey Sachs underlines one straight fact about why the U.S. government seems to be unable to really tax the rich ...

BEIJING - China will implement a more proactive fiscal policy this year and ensure its sustained strength and effectiveness, said Finance Minister Lan Fo'an at the ongoing China Development Forum 2025 ...

simple math says this could amount to increased interest expenses of around $350 billion in fiscal year 2025/2026 alone. Yikes. The Treasury Department under Secretary Bessent is clearly aware of ...

President Donald Trump on Wednesday changed course on his tariff policy, instituting a 90-day pause in higher taxes for most countries while ramping up the rate against China to 145%. On Capitol Hill, ...

It’s already in the cards thanks to his ill-founded trade war, no matter how that war plays out.

California leads the nation by leaps by bounds as the state that most often declined requests to detain illegal migrants arrested for criminal charges, according to newly released data. More than half ...

Stocks fell on Thursday after a massive rally on Wall Street spurred by President Donald Trump announcing a 90-day reprieve ...

House Republicans narrowly adopted a multitrillion dollar budget framework on Thursday, paving the way for lawmakers to begin ...

The president said many countries have been negotiating with Washington and they will try and make "fair deals" with each of ...

Photo: Umit Gulsen, Getty Images WASHINGTON—House Republicans’ moves to advance President Trump’s “one big, beautiful bill” this week have been cast into doubt by defections from GOP lawmakers worried ...

With several moving parts any estimates may be ineffective for calibrating exact monetary and fiscal policy responses. China has now additionally levied 34 per cent reciprocal tariff on all US ...