Why everyone from Musk to Wall Street is worried about U.S. debt payments
The Republicans' "big beautiful" budget package is uniting everyone from Elon Musk to Wall Street over an issue that experts say...
Millions of kids could lose the Child Tax Credit under GOP budget bill
A Republican-backed budget package includes a new restriction for the federal Child Tax Credit that could strip the benefit from...
OECD forecasts a sharp economic slowdown in the U.S., citing tariffs
U.S. economic growth is likely to hit the brakes this year, with GDP dramatically slowing due to the impact of...
China says U.S. violated tariff truce as trade war heats up
China on Monday said the Trump administration is undermining the temporary May 12 trade agreement between the two nations by issuing...
What to know about Trump’s tariffs after court rules them illegal
President Trump's sweeping tariffs on goods imported from almost every foreign nation have been ruled illegal by the U.S. Court of...
Trump bristles over “nasty question” about “TACO” trade. Here’s why.
A new acronym is popping up on Wall Street to explain investors' reaction to President Trump's on-again, off-again tariffs: TACO. Coined...
Here’s who could benefit from the proposed $40,000 SALT deduction cap
Some U.S. homeowners may soon get a sizable tax break thanks to the massive budget package that was passed by...
Treasury Department set to phase out the penny
The Treasury Department said it plans to stop manufacturing the penny, calling time one one of the first coins minted...
GOP bill could add trillions to the U.S. deficit, some experts say
The Republican-backed tax and spending bill that's now moving forward in the House is getting a reality check from Wall...
How much could you save in taxes if the GOP bill is signed into law?
The White House on Friday touted a Republican-backed tax bill as delivering "PERMANENT tax cuts and bigger paychecks." Yet experts...
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