U.S. Economy

The U.S. central bank is close to announcing the reduction of bonds it’s holding on its $4 trillion balance sheet.

In fact, the overwhelming majority of taxpayers are enjoying a net reduction in taxes, thanks to the new tax law.

The Commerce Department also reported retail inventories increased 0.9 percent in December after falling 0.4 percent in the prior month.

Pending home contracts are seen as a forward-looking indicator of the health of the housing market.

If the economy grows by less than 2.2 percent, it will be the lowest reading in about two years.

The billionaire businessman said governments need to get better at identifying those in need.

The problem is -- and we are not kidding -- if you confiscated every dime earned by every person in this country, it would not pay for these agendas.

Texas Gov. Greg Abbott is working to convince more financial and tech firms that are concerned about high taxes to consider the Lone Star State.

The Federal Reserve chair refuted the notion that the central bank’s role is to provide support for particular policies.

Massive growth, jobs, and wage increases tell the story, said Mercedes Schlapp.

The effort aims to tax people who have a residence in the state but don’t pay income taxes.

During Powell’s semi-annual testimony on the state of U.S. monetary policy, Warren accused the Fed of rubber-stamping applications for bank mergers and acquisitions.

In his semiannual testimony on the state of monetary policy, Powell noted that the Fed is closely monitoring potential crosscurrents.

Housing starts dropped 11.2 percent to a seasonally adjusted annual rate of 1.078 million units last month.

When it comes to economic policy do you side with the Federal Reserve or President Trump?

Powell discusses the central bank’s monetary policy outlook on Capitol Hill.

Former Reagan economic adviser Art Laffer says President Trump should refrain from using tariffs to enforce a potential trade deal between the U.S. and China.

The former Fed chair expressed doubt that the president understands the central bank's primary objectives.

Trade relations remained a concern for experts.

How can we make this any simpler: There is no income to redistribute without businesses and the jobs they create.