Happy Friday - and a Happy Mother's Day this weekend to all the moms out there. Here's your fiscal update. President Donald Trump said Friday he would be fine with a significant drop in the tariff ...

House Republican leaders had hoped to make significant progress this week resolving lingering internal differences on key elements of their massive budget reconciliation package — plans for ...

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 ...

Treasury Secretary Scott Bessent said Friday that the debt limit may prevent the federal government from meeting all its obligations starting at some point in August. The current debt limit is $36 ...

President Donald Trump said Friday he would be fine with a significant drop in the tariff he imposed on China but left it to his Treasury chief to work out the details. “80% Tariff on China ...

As Republican lawmakers scramble to find ways to offset the revenue losses from their massive but still unfinished package of tax cuts, President Trump has signaled that he would support raising ...

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.

The Trump-appointed acting administrator of the Federal Emergency Management Agency was fired Thursday, a day after he told congressional lawmakers that the agency was vital and should not be ...

FBI Director Kash Patel on Wednesday told House lawmakers that he needed more funding than the White House requested in its recent budget outline and warned that the bureau would not be able to ...

President Trump on Thursday unveiled the outline of a trade agreement with the United Kingdom, the first agreement with a major trading partner since his “Liberation Day” announcement last ...

As Republicans race to find hundreds of billions of dollars in spending cuts for their massive budget bill providing trillions in tax cuts, House Speaker Mike Johnson and party leaders have ruled ...

The Federal Reserve on Wednesday held its benchmark interest rate steady but warned about the potential economic harm from President Donald Trump’s trade war. “If the large increases in ...