Trump tax bill averts one debt crisis but makes future financial woes worse
President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S. government default but makes America’s long-term debt...
Senate Republicans pass Trump’s sweeping policy bill, clearing major hurdle
Legislation goes to House but unclear if lower chamber will accept changes to tax and spending bill amid factional splits Senate Republicans on Tuesday passed...
“Big, beautiful bill” cuts to Medicaid could be devastating for nursing home residents
Jason Barrett visits his 94-year-old grandmother, Ruth Raney, at the Martinsburg Healthcare Center in West Virginia as often as he can. Medicaid will soon be...
Harvard found in ‘violent violation’ of Civil Rights Act over antisemitism, Trump admin says
Harvard is "in violent violation" of Title VI of the Civil Rights Act, the federal government’s Task Force to Combat Anti-Semitism said Monday in a...
Nearly 12 million Americans to lose health coverage under Trump’s budget bill, CBO warns
The sweeping budget bill backed by President Donald Trump and Senate Republicans is projected to strip health insurance from nearly 12 million Americans over the next decade, according to...
US labor market softening as more people remain on unemployment rolls
The number of Americans filing new applications for jobless benefits fell last week, but work opportunities are becoming scarce as businesses remain hesitant to hire...
GDP data shows U.S. economy shrank more than previously thought in early 2025
The U.S. economy shrank faster than previously thought during the first three months of 2025, with growth contracting for the first time in three years. ...
US consumer confidence weakens on job market worries
U.S. consumer confidence unexpectedly deteriorated in June as households increasingly worried about job availability, another indication that labor market conditions were softening against the backdrop...
Stocks rally and oil tumbles as Wall Street hopes for a limited retaliation after US strikes on Iran
U.S. stocks rallied, and the price of oil tumbled Monday on hopes that Iran will not disrupt the global flow of crude, something that would...