The US government’s budget deficit hit its highest since the Covid pandemic years in 2024, propelled by increased debt interest costs and higher Social Security and defense spending — which more than ...

Bigger tax refunds could be coming in 2026 due to changes enacted in President Donald Trump's "big beautiful bill." Here's ...

Questions remain about the Fed’s independence, the future path of interest rates and whether Kevin Warsh can reform the institution as he has proposed.

Donald Trump's stand-off with the US central bank has recalled episodes in other countries - which ended badly for the economy.

Get all latest & breaking news on Ramin Nakisa. Watch videos, top stories and articles on Ramin Nakisa at moneycontrol.com.

Indonesia blocks AI chatbot Grok. Investigation into US Federal Reserve chair Jerome Powell. Trump’s ‘invasion’ of Minnesota.

Fixing the budget will take a return to an old-fashioned process and sense of legislative responsibility.

Two thousand years before the U.S. federal government’s debt crossed the $38 trillion threshold, the Roman Empire faced a similar-looking calculus: a state with increasingly expensive obligations and ...

If federal policymakers want to make life more affordable, both now and in the future, they should cap their own spending.

Janet Yellen warned Sunday that America’s surging national debt could severely constrain economic policymakers and undermine the independence of the Federal Reserve, raising the risk that political ...

The United States has crossed a threshold that many economists once treated as a distant warning, not an imminent reality. With federal obligations now measured in the tens of trillions of dollars, ...

Stocks sell off globally as traders digest Trump message saying he wants Greenland because 'your country decided not to give me the Nobel' The best potluck desserts no one thinks to bring Body of ...