The annual inflation rate jumped to 3.8% in April as soaring fuel prices began to work their way through the U.S. economy, according to Bureau of Labor Statistics data released Tuesday. The annual ...

The cost of the war with Iran has risen to about $29 billion, a top Pentagon official told Congress Tuesday at House and Senate hearings on the Defense budget. The estimate, provided by acting ...

Senate Republicans have released the details of a roughly $72 billion reconciliation package that would fund Immigration and Customs Enforcement and Customs and Border Protection through the rest of ...

There’s plenty of blame to go around when it comes to the high cost of healthcare in the United States, but the leading driver often skates by with less attention: the hospital industry. Writing in ...

Recent shifts in U.S. tariff policy could add more than $1 trillion to federal budget deficits over the next decade, the director of the Congressional Budget Office said Monday. In February, the ...

Good evening. This promises to be a busy week in the nation's capital, where King Charles III will address Congress tomorrow and Jerome Powell will hold what's expected to be his final press ...

Federal prosecutors are ending their controversial criminal investigation of Federal Reserve Chair Jerome Powell related to construction cost overruns at the central bank’s headquarters. The move ...

Americans feel worse about the economy than they have in more than 70 years. The University of Michigan said Friday that its measure of consumer sentiment sank about 11% this month to reach the lowest ...

With tax day for 2026 just five days away, Gallup pollsters find that nearly six in 10 Americans say their taxes are too high — the fourth straight year that the share of people who think they pay too ...

Friday brought some grim economic news, as the government reported that inflation saw the largest one-month jump since the pandemic and reached its highest level since May 2024, thanks largely to the ...

The International Monetary Fund said Thursday that it expects to lower its growth projections for the global economy this year due to the war in the Middle East. IMF Managing Director Kristalina ...

The Pentagon told the White House last month that it wants more than $200 billion in supplemental funding to help pay for the war with Iran and related defense needs, but the Trump administration is ...