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 ...

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 bottom line: Passage of the rescissions package is another win for Trump as he nears the six-month mark of his second term. Fiscal hawks in the GOP may celebrate the spending cuts codifying DOGE’s ...

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 ...

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 ...

Insurers who provide coverage through the federal exchanges established by the Affordable Care Act are seeking sharp increases in premiums next year, in part due to changes in policy enacted by ...

The Congressional Budget Office said Monday that the tax cut and policy bill signed into law by President Donald Trump earlier this month will increase the budget deficit by $3.4 trillion over 10 ...

In a research note, Brusuelas said the data is consistent with an increase in the overall inflation rate to a range between 3 ...