News

Trump's sweeping tax-cut, spending bill clears first US Senate hurdle
The Republican-controlled U.S. Senate narrowly advanced President Donald Trump's, sweeping tax-cut and spending bill on ...
Americans reined in their spending last month
Consumer spending declined for the first time since January, according to new data released Friday that also showed inflation ...
How demographics, major spending cuts threaten Trump’s hope of manufacturing revival
In his second term, President Donald Trump has set about upending the global economy through trade wars against China and ...
A county fair, a bridge, a port: See who got millions in 11th hour spending bills
Winners include affordable housing programs, construction projects at Portland State University and wildfire fighting efforts ...
The child tax credit could be worth over $2,000 under Republicans' spending plan — but millions of families wouldn't benefit
Congress is trying to increase the maximum credit amount through its budget reconciliation process, but the chambers differ ...
Key read on inflation rose last month and Americans cut back on spending
A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans also cut ...
US consumer spending falls; tariff-related boost to inflation awaited
U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of goods like motor vehicles ahead ...