Finance
Finance & Economy
Economic policy, federal spending, Wall Street, trade wars, and the financial forces driving political decisions.
Finance
Trump's 2027 Budget Plan Undermines His Own Trade War Ambitions Through Persistent Deficits
President Trump's 2027 budget request projects sustained deficit spending through 2036, creating a direct contradiction
Finance
Trump Escalates Feud with Fed Chair Powell, Threatens Firing Amid DOJ Probe
The Washington Post editorial board criticized President Trump's threats to fire Federal Reserve Chair Jerome Powell, ca
Finance
Markets Rally on Middle East Ceasefire, Hormuz Opening as Geopolitical Tensions Ease
Major U.S. stock indices climbed Friday following the implementation of a U.S.-brokered ceasefire between Israel and Leb
Finance
Survey: Nearly One-Third of BNPL Users Now Finance Groceries as Dependence on Short-Term Loans Grows
A LendingTree survey shows 29% of buy now, pay later users have financed groceries, double the rate from two years ago,
Finance
IRS Penalties Mount as Tax Day Deadline Arrives for Millions of Filers
The April 15 tax filing deadline triggers immediate IRS penalties for late returns or unpaid balances, with failure-to-f
Finance
IRS Reports 11% Surge in Average Tax Refunds as Filing Deadline Arrives
Tax Day has arrived with the IRS reporting significantly larger refunds for millions of Americans. The average refund ha
Finance
IRS Tax Filing Extension Deadline Approaches: Key Procedures and Penalty Risks
The IRS offers taxpayers an automatic six-month filing extension until October 15, but any estimated tax owed must still
Finance
Fed's Hammack Signals Extended Rate Pause Amid Geopolitical, Inflation Uncertainty
Cleveland Fed President Beth Hammack indicated the central bank will likely maintain current interest rates for an exten
Finance
House GOP to Spotlight Permanent Trump Tax Cuts in Tax Day Press Conference
House Republicans will hold a press conference Wednesday morning to promote the permanent tax cuts and new worker-focuse
Finance
IMF Projects Global Growth Slowdown, Inflation Spike from Iran War Fallout
The International Monetary Fund warns the war in Iran will slow global economic growth and accelerate inflation, with lo
Finance
Bessent Backs Fed Patience on Rates Amid Iran Conflict, Signals Future Cuts
Treasury Secretary Scott Bessent expressed support for the Federal Reserve holding interest rates steady at its upcoming
Finance
Warsh Discloses $130M+ Fortune Ahead of Fed Chair Confirmation Hearing
Kevin Warsh, President Trump's nominee for Federal Reserve chair, has filed financial disclosures revealing assets betwe