The Senate has passed about $9 billion in federal spending cuts requested by President Donald Trump, including deep ...

President Donald Trump's tariffs are almost "tailor-made" to hit the goods that lower income households prefer to purchase, ...

An excerpt from "Trillion Dollar Triage" details Fed Chair Jerome Powell’s measured public responses – and more candid private reactions – to Trump’s ongoing threats to fire him.

Airline sector shows resilience with strong demand and positive earnings, indicating robust consumer and corporate spending ...

The House is expected to approve President Donald Trump’s request to claw back about $9 billion in already appropriated ...

How Illinois transit systems would avert cuts in 2026 is still under discussion, but an overlooked aspect is a law change lawmakers approved in 2024.

Just as baseball teams decide to be "buyers" or "sellers" at midseason, households and businesses should assess their economic outlook to determine whether to spend and invest or save resources.

San Francisco Federal Reserve President Mary Daly reiterated on Thursday it is "reasonable" to expect two interest rate cuts ...

Wall Street is ticking toward a record on Thursday following some better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies.

The Federal Reserve's] hesitancy to cut rates, I think, is actually … quite a mark against them,” former Fed governor Kevin Warsh said.

President Donald Trump may ultimately get his wish for lower interest rates, but it isn’t likely to be the result of his ...

Monetary policymakers have held off on lower interest rates for months, citing the risk of tariff-induced inflation. Several ...