Trump’s $5,000 payments would reignite inflation, economists say
President Trump's vow to send $5,000 to every U.S. adult if the Republican Party keeps control of Congress in the...
IRS audit revenue plunged following mass layoffs, watchdog finds
Revenue from IRS audits plunged 35% in fiscal 2025 as the agency shed thousands of enforcement workers, according to a...
Canada announces tariffs of up to 50% on $20 billion in U.S. goods
Canada on Tuesday announced that it is imposing tariffs of up to 50% on about $20 billion of U.S. imports,...
Trump says oil companies should cut gas prices after making “too much money”
President Trump on Monday urged U.S. oil companies to take action to ease gasoline prices, saying that the energy giants...
Alan Greenspan, Fed chair under 4 U.S. presidents, dies at age 100
Alan Greenspan, an economist who served as chairman of the Federal Reserve under four U.S. presidents, died on Monday, his...
Trump proposes gas tax holiday, but savings may be limited
A move by the Trump administration to suspend the federal gasoline tax would offer only modest relief to U.S. drivers socked by...
Why Jerome Powell — not Trump — will decide when the Fed chief steps down
President Trump's latest threat to fire Federal Reserve Chair Jerome Powell could put them on a collision course when the...
USPS halts contributions to pension plan after warning of “cash crisis”
The U.S. Postal Service is suspending its contributions to the Federal Employees Retirement System, a pension plan for its workers...
These 2 bills would erase income taxes for millions of Americans
Two Democratic lawmakers are proposing tax overhauls that would eliminate federal income taxes for millions of Americans.The two bills —...
What Kevin Warsh as new Federal Reserve chair could mean for the economy
President Trump's move to nominate Kevin Warsh to replace Jerome Powell as Federal Reserve chair is likely to be viewed...
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