The Medicare and Social Security trust funds are lurching toward insolvency. Social Security is projected to cover only 81% of benefits by 2034 and Medicare just 89% by 2033.
President Trump expresses uncertainty about Sen. Josh Hawley's bipartisan proposal to raise the minimum wage from $7.25 to $15 per hour, noting its impact on business.
Euro Pacific Asset Management Chief Economist Peter Schiff warned of stagflation and possible hyperinflation, arguing higher interest rates are needed.
Federal Reserve Chair Jerome Powell during a Wednesday press conference addressed the criticism he's faced from President Donald Trump about interest rates.
The Congressional Budget Office projected that the House GOP tax bill - dubbed the "One Big Beautiful Bill Act" - would add $2.77 trillion to deficits over ten years.
President Donald Trump slammed Federal Reserve Chairman Jerome Powell as "stupid" before the central bank's interest rate announcement on Wednesday afternoon.
Industry experts warn Israel-Iran conflict could push oil to $120 per barrel if shipments through the Strait of Hormuz are disrupted during the tensions.
President Trump plans to sign a third executive order delaying the TikTok ban by 90 days, citing ongoing talks and a desire to keep the platform active for Americans.
Senate Republicans introduced tax cuts to prevent a $4 trillion tax hike, including permanent lower tax brackets and new deductions for tips and overtime.