James K. Galbraith asks whether US Treasury Secretary Scott Bessent is right to urge the Federal Reserve to lower interest ...

The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...

Instead of ranting about the US Federal Reserve’s monetary policy or making unrealistic debt issuance plans, the ...

President Donald Trump has vowed not to cut Social Security benefits, and it’s easy to understand his position: Proposing ...

The Trump administration is unlikely to follow the most important parts of this advice. But the math is undeniable.

The US government saw its budget deficit widen from the prior year in the October to June period as spending rose. On the ...

President Donald Trump has vowed not to cut Social Security benefits, and it’s easy to understand his position: Proposing even modest reforms to the entitlement program represents a likely path to ear ...

The S&P 500 ended Tuesday marginally lower after President Donald Trump said that there would be no extensions on his new Aug ...

Trump’s “one big beautiful bill” is now law, packed with front-loaded goodies and back-loaded pain. As Medicaid cuts loom and ...

America’s leaders have latched onto the idea that they can address some big problems — most notably a gaping budget deficit — by forcing interest rates downward. If only it were that easy. President ...