The U.S. trade deficit widened sharply in May as exports fell, but subsiding imports suggested trade could still lead an ...

Some smaller line items have been omitted for brevity; Chart: Axios VisualsThe Big, Beautiful Bill, passed Thursday by Congress, dramatically increases funding for immigration enforcement in ...

U.S. consumer spending increased marginally in April, with households opting to boost savings amid mounting economic uncertainty because of a constantly changing tariff landscape.

“The beauty is President Trump and Elon Musk showed us how to do it. Contract by contract, line by line, program by program. You realize there’s over 2,600 programs in the federal government ...

President Trump unveiled his 2026 budget outline Friday, proposing cuts totaling $163 billion to education, housing, medical research, foreign aid funding, energy and environmental protection ...

Top U.S congressional leaders on Sunday agreed on $1.6 trillion in top-line federal spending for fiscal year 2024 in a deal aimed at averting a partial government shutdown.

Washington | US consumer spending was weaker than expected again in February while a key inflation metric picked up, in a double whammy for the economy before the brunt of tariffs.. Inflation ...

In 1982, the federal budget deficit rose above $100 billion for the first time (those were the good old days), and President Ronald Reagan agreed to an infamous budget deal with House Speaker ...

House Republicans adopted a compromise budget resolution Thursday, allowing them to finally start the legislative process of drafting President Trump’s “big, beautiful” agenda package. The ...

WASHINGTON (Reuters) -Republican leaders of the U.S. House of Representatives said on Wednesday they would act quickly on President Donald Trump's request to slash $9.4 billion in spending on ...

New on 12 News at 6, Republican US Senator Ron Johnson preparing to go after President Donald Trump tonight opposing Trump's self-proclaimed big beautiful bill. Johnson appearing at *** Milwaukee ...

New figures released by the U.S. Travel Association show that direct spending on travel in the United States reached $1.2 trillion in 2022. That figure, which is on par with pre-pandemic levels, ...