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 ...

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 ...

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 ...

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 ...

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 ...

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 Wednesday! The conclave to elect a new pope began today at the Vatican, and the first round of voting resulted in black smoke from the Sistine Chapel chimney, indicating no pontiff was chosen.

Habemus papam! We have a new pope - and for the first time, he is American. Cardinal Robert Francis Prevost, a 69-year-old who grew up in the Chicago area, was elected Thursday and took the name ...

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 ...

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 ...

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 ...