The U.S. tax and spending bill passed on July 3 is expected to add more than $3 trillion to the country’s deficit over the ...

Spending cuts: $1.7 trillion, including a 12 percent cut to Medicaid, an unprecedented reduction in spending on the ...

In the president’s eagerness to score a win and extend tax cuts, he walked away from a key campaign promise on Medicaid. The ...

The British government's U-turn on its proposed welfare reform now means finance minister Rachel Reeves is at risk of busting ...

It illustrates the long-term damage Mr Trump is doing to the foundations of America’s economy. The bill’s main effect is to ...

At nearly 900 pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, ...

With a year to go to the 250th anniversary of American independence we’re of a mind to mark the crisis of debt — and the ...

President Trump has been urging lawmakers to send him the bill to sign into law by July 4, but also acknowledged the timeline is flexible.

Equity markets have largely looked past risks recently, but what about the bond market? TD Asset Management's Alexandra ...

US Dollar (USD) traded mixed overnight, with losses seen vs. TWD, THB and precious metals but traded largely firmer against most currencies including GBP, AUD, NZD and MYR. DXY was last at 96.83 ...

Gold’s weekly gain breaks a two-week losing streak, with the contract finishing the week up 1.8% to $3,331.60 a troy ounce—which includes a loss of 0.5% on the day.

New legislation could push federal debt into dangerous territory—without an emergency requiring it.