A Republican-led initiative to slash the IRS budget by over 20% has ignited a fierce debate in Washington. The proposal, ...

For background, contemplate a recent New York Times opinion piece by former Federal Reserve Chairs Ben Bernanke and Janet ...

What other factors does Williams note contributed to the inflation experienced in the U.S. in 2020 and 2021?

Militant union bosses orchestrating the carnage claim the medics - previously known as junior doctors - need a rise worth in ...

SENATOR Robinhood Padilla’s bill lowering the age of juvenile criminals from 15 to 10 years old has ran into a storm of ...

Now, while some administration officials and Fed governors expect any impact from tariffs to be temporary, other economists and market participants remain convinced that the president’s conventional ...

Asian stock markets began Friday's session with modest gains, as a rally in global equities gained fresh momentum from strong ...

The Senate voted yesterday to advance debate on a package to claw back funds allocated for public broadcasting and foreign ...

Tariffs can be inflationary if they reduce real economic output, but the size of the effect matters. Read more here.

Fed's Targeted Inflation Gauge Shows Little Tariff Impact The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big tariff-related upswing.

The benchmark 10-year Treasury yield ticked higher as the Federal Reserve’s preferred inflation print came in slightly hot.