For years, the Federal Reserve has kept rates artificially low in order to help the economy recover from the economic recession in 2008.
Puerto Rico narrowly avoided sending more residents back into blackout conditions after a judge granted Prepa access to a $300 million loan this week.
The U.S. stock market on Friday posted one of its best weekly performances in years, recapturing half of the losses from the startling market correction earlier this month and discovering a new "wall of worry" to climb.
The FBI came under fire once again on Friday after reporting that it had ignored investigative protocol regarding a tip it received in early January about NIkolas Cruz, the 19-year-old suspected shooter accused of killing 17 people in Parkland, Florida, on Wednesday.
President Trump reportedly approves of a 25 cent-per-gallon gasoline tax hike he hopes will fund his newly released infrastructure plan, and although tax-averse Republicans in Congress remain skittish, he’s found a new set of allies: truckers.
As the Trump administration weighs whether to hike the tax on gasoline in order to pay for the newly released infrastructure proposal, some are warning the president that it could hinder the sudden boost in approval ratings that Republicans have seen since the tax overhaul was signed into law in late December.
Jeb Hensarling (R-Texas) of the House Financial Services Committee referred to Fannie Mae’s proposed taxpayer infusion as a “bailout request.”
Donald Trump has found a new group of critics: Deficit hawks, who say they’re upset with the president for introducing a budget that will balloon the already record-high U.S. national debt by an additional $7 trillion over the next 10 years.
The Trump administration plans to stop direct-government funding of the International Space Station (ISS) by 2025, instead relying on mainly private-sector support -- an action that, some astronauts warn, may not be fiscally feasible.
The Trump administration has a proposal to replace some of the Supplemental Nutrition Assistance Program’s (SNAP) cash benefits with boxes of physical food.
The president announced on Monday plans to end direct federal funding for the orbiting lab by 2025.
The construction equipment maker said last month that the revenue boost it would enjoy from spending on highways and airports would be limited. Its rally Monday wasn't the biggest.
You thought health care and endless wars were expensive, we haven't even touched bridges and dams!
The interim head of the project's overseer said more federal commitment is needed.
President Donald Trump said his administration is going to build a nuclear arsenal “like you’ve never seen before,” as part of a military buildup provided for under the newly released fiscal year 2019 budget proposal.
Other companies to watch include AECOM, Cemex, Nucor, U.S. Steel and Vulcan Materials
According to a document obtained by The Washington Post, which first reported the news, the current White House does not plan to abandon the ISS, but instead is developing a “transition plan” to hand it off to the private sector.
Budget Director Mick Mulvaney said Sunday that the administration's budget plan will include $3 billion for the wall along the southern border that Trump has made a priority, but there will be a contingency for $25 billion in spending on the wall over two years if Congress passes legislation to deal with young immigrants known as Dreamers.
The White House's budget proposal -- to be released Monday -- assumes the economy can grow at a much stronger pace than independent forecasters expect.
Politicians know that spending cuts will not get you re-elected. Throw our money around, and you'll be back.