Federal budget deficit hits record $1.1T in first 5 months of fiscal year
New data from the Treasury Department shows the federal deficit is $318 billion larger in the first five months of fiscal ...
Inflation slowed slightly to 2.8% in February ahead of Federal Reserve meeting
The Labor Department on Wednesday released the consumer price index for February, which found inflation was 2.8%, slower than ...
Inflation gauge favored by Fed showed prices grew as expected in January
The latest reading of the Federal Reserve's preferred inflation gauge showed that prices rose in line with economists' ...
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Fox News prevails in lawsuit brought by former news producer
A federal judge on Wednesday dismissed a lawsuit brought by a former Fox Business Network producer who alleged the company ...
US economy added 151,000 jobs in February, below expectations
The U.S. economy added 151,000 jobs in February as the labor market was cooler than expected ahead of the Federal Reserve's next monetary policy meeting later this month.
Dems zero in on Musk wanting to cut Social Security, Medicare waste, White House responds
Democrats argued that Elon Musk and DOGE were going after Social Security and Medicare in their effort to cut federal spending, prompting the White House to respond.
Bowman Seen as Front-Runner as Fed’s Top Banking Cop
Advisers to President Trump have indicated to allies in recent days that Federal Reserve governor Michelle Bowman is the ...
LARRY KUDLOW: Treasury Man Bessent Talks Growth at the Ziegfeld Ballroom
Treasury Secretary Scott Bessent is a growth guy. And he's making sure to emphasize the importance of President Trump's ...
Federal judge denies Musk move to block OpenAI's shift to for-profit model
A judge denied Elon Musk’s move to halt OpenAI’s efforts to convert into a for-profit entity, saying he hasn't met “the high ...