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Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to higher income tax and tariff collections, CBO data shows.

Hostilities with Iran pose a potential risk for higher inflation as Federal Reserve policymakers monitor the energy price impact ahead of their next meeting to discuss rate cuts.

G7 finance ministers weigh emergency oil reserve release as Middle East tensions send crude soaring above $115, threatening global economic stability.

The IRS and Treasury proposed new rules for Trump Accounts, including details for opening an account and taking the federal seed money if eligible to do so.

As American drivers face spiking prices at the pump, President Donald Trump asserted that increased oil prices are a "small price to pay" to achieve peace.

Oracle reportedly planning massive layoffs involving thousands of employees as AI spending creates cash crunch. Job cuts could reportedly affect 18% of total workforce.

The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House and Congress.

U.S. economic freedom score jumps 2.6 points in Heritage Foundation index, ending a five-year decline. America ranks 22nd globally in the annual report.

The February jobs report showed wage growth accelerated to 3.8% on an annual basis, outpacing economists' expectations despite an increase in the unemployment rate, BLS data showed.

Centrist tech leaders, including Garry Tan and Chris Larsen urge business figures to stay in California and fight against policies like a proposed tax on billionaires.