Good evening! On this date 95 years ago, President Herbert Hoover signed the Smoot-Hawley Tariff Act, raising tariffs on thousands of imported goods in a bid to protect domestic jobs and ...

* Tweaks to the phaseout of clean energy tax credits. The Senate plan reportedly would allow more projects to take advantage ...

Happy Monday! As Congress returns to action this week, Senate Republicans will be looking to put their imprint on the budget reconciliation bill passed by the House. Lawmakers in the House ...

Elon Musk says he’s “disappointed” by the costly new tax and spending package that House Republicans passed last week. In an excerpt from a new interview with “CBS Sunday Morning,” Musk ...

President Trump announced Tuesday that his administration has officially selected an overall design for the "Golden Dome" missile defense system he hopes will be deployed during his time in office.

Good evening. Federal Reserve Chair Jerome Powell issued a stark warning today about President Donald Trump's economic plan. We've got details. President Donald Trump's tariff war could make it ...

Senate Republicans on Wednesday unveiled a 70-page budget resolution that would pave the way for a massive package of tax cuts, border enforcement measures, defense funding and a $5 trillion ...

The Trump administration’s DOGE cost-cutting effort led by tech mogul Elon Musk claims to have saved more than $100 billion so far, largely through canceled contracts and workforce reductions.

On this date 160 years ago, President Abraham Lincoln was sworn in to his second term in office and delivered a brief but historic inaugural address to a nation still fighting the Civil War.

President Joe Biden is ending his term in office with a remarkably strong labor market. According to data released Friday by the Labor Department, employers added a surprising 256,000 jobs in ...

As Republicans prepare to extend the 2017 Trump-era tax cuts that are currently scheduled to expire at the end of the year — or make them permanent — a new analysis by the Treasury Department ...

Former President Donald Trump plans to use tariffs to punish foreign competitors, boost domestic production and provide revenues to offset the cost of an extensive list of new tax cuts, including ...