The Federal Reserve’s preferred measure of inflation edged higher in June, the Commerce Department reported on Thursday.

Aiming to rewire the global trading system to more explicitly benefit the United States, President Trump gave countries around the world until August 1 to negotiate new trade agreements with the ...

Happy Wednesday! A new quarterly GDP report out today suggests that the U.S. economy is holding up well under the uncertainty created by President Trump's trade policies, but the details indicate ...

With the U.S. and the European Union agreeing to a trade framework that includes a 15% tariff on goods imported from the EU, American consumers now face an overall effective tariff rate of 18.2% ...

Despite intense pressure from President Trump to cut interest rates, Federal Reserve policymakers are expected to keep rates unchanged when they conclude a two-day meeting tomorrow. But Fed ...

Good Tuesday evening. Here's what we're watching as we await tomorrow's economic data and Federal Reserve decision on interest rates. Trump Pushes Tariffs to Highest Since 1930s - and World ...

President Donald Trump said Sunday that the U.S. and the European Union have agreed to a general framework on trade in which the U.S. will impose a 15% tariff on most goods imported from Europe ...

The Trump administration said Friday that it is releasing $5.5 billion in education funding that it was withholding as part of a review meant to align spending with White House priorities. The ...

Happy Tuesday! President Trump hosted Philippine President Ferdinand "Bongbong" Marcos Jr. at the White House today and announced a new trade deal calling for 19% tariffs on goods from the ...

A House Appropriations subcommittee advanced a bill late Monday that would provide $9.5 billion for the IRS in fiscal year 2026 — a reduction of more than 20% from the current funding level of ...

Speaker Mike Johnson announced Tuesday that the House will be starting its summer break one day earlier than planned after legislative action in the chamber ground to ...

Happy Monday! Politico's Brian Faler noted today that tax experts are struggling with an issue that has at times bedeviled us, too: Just how to refer to the recently passed Republican tax cut law ...