Government And Institutions

President-elect Donald Trump and congressional Republicans who have pledged to cut federal taxes to boost the economy might consider looking first at lessons learned in GOP-controlled states that adopted similar strategies, only to see growth falter and budget gaps widen.

Will Trump and the GOP be friends or foes of labor? Find out what the movement faces.

Will Trump and the GOP be friends or foes of labor? Find out what the movement faces.

Last summer, Cindy Hockenberry decided she'd had it with threatening phone calls claiming she was behind on her taxes.

Last summer, Cindy Hockenberry decided she'd had it with threatening phone calls claiming she was behind on her taxes.

Donald Trump's acknowledgement last fall that he had not paid federal income tax in years left some questioning why they should have to pay taxes.

Tax preparers do a big chunk of America's tax returns — more than 80 million a year, according to the IRS — but if you're nervous about handing confidential information to someone in a largely unregulated field, you're not alone.

The Internal Revenue Service's battle against fraud and identity theft is intensifying as the tax filing season opens, and some of the neediest taxpayers are getting caught in the middle.

Britain's approach to its exit talks with the European Union is clearer after Prime Minister Theresa May laid out a broad plan Tuesday.

The International Monetary Fund is raising its forecast for the U.S. economy this year and in 2018, reflecting an expected boost from the economic policies of President-elect Donald Trump.

The International Monetary Fund on Monday raised its growth forecast for China but warned that rising debt which has prompted concern about the country's finances increases the risk of a sharper slowdown.

The inauguration of a new president requires the recitation of a 35-word oath.

The inauguration of a new president requires the recitation of a 35-word oath.

The Justice Department, which started investigating alleged collusion between the nation's major airlines in mid-2015, will not bring an antitrust case against the carriers before the Obama administration leaves office at the end of next week, according to a person familiar with the situation.

The Justice Department, which started investigating alleged collusion between the nation's major airlines in mid-2015, will not bring an antitrust case against the carriers before the Obama administration leaves office at the end of next week, according to a person familiar with the situation.

Wells Fargo said Friday its profit fell 5 percent in the first full quarter after regulators said that bank employees opened millions of customer accounts fraudulently to meet sales goals.

Wells Fargo said Friday its profit fell 5 percent in the first full quarter after regulators said that bank employees opened millions of customer accounts fraudulently to meet sales goals.

The chief executive officers of German chemical giant Bayer AG and U.S. seed behemoth Monsanto (NYSE:MON), Werner Baumann and Hugh Grant, are in New York pressing their case with President-elect Donald Trump to approve the massive merger between the two entities and to tout the creation of U.S. jobs if the deal goes through, people with direct knowledge of the matter tell the FOX Business Network.

The chief executive officers of German chemical giant Bayer AG and U.S. seed behemoth Monsanto (NYSE:MON), Werner Baumann and Hugh Grant, are in New York pressing their case with President-elect Donald Trump to approve the massive merger between the two entities and to tout the creation of U.S. jobs if the deal goes through, people with direct knowledge of the matter tell the FOX Business Network.

Next week, President-elect Donald Trump will be sworn in as the 45th President of the United States and in true Trump fashion—his inauguration is expected to be different and very pricey.