After a long wait, the Senate is launching action on President Donald Trump’s ”“big, beautiful bill” of tax breaks and spending cuts.

The Senate's plan would make the 2017 tax cuts permanent and allow for an additional $1.5 trillion in tax cuts, leaving room for Trump's plans to eliminate taxes on tips and overtime and the administration's other tax priorities.

U.S. Senate Republicans took a procedural step forward on President Donald Trump's sweeping tax cut agenda on Thursday, overcoming concerns among some Republican lawmakers that the plan does not include sufficient spending cuts.

U.S. Senate Republicans on Wednesday released a revised version of their blueprint to advance President Donald Trump's tax cut agenda that moved closer to a House of Representatives goal of $2 trillion in spending cuts over a decade.

After a long wait, the Senate is launching action on President Donald Trump's "big, beautiful bill” of tax breaks and spending cuts at a risky moment for the U.S. and global economy. More than a month after House Republicans surprised Washington by advancing their framework for Trump's $4.

An obscure but consequential bookkeeping matter has become the latest flashpoint in Congress as Republicans labor to enact President Donald Trump's sprawling tax cut agenda. Senate Republicans are looking to change how extending many of Trump’s 2017 tax cuts would be scored when it comes to future federal deficits.

Stock futures sink as president reveals plans to impose 10% universal levies and higher duties on major partners

President Donald Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war that threatens to stoke inflation and stall growth.

Global stocks fell and government bonds rallied on Thursday after Donald Trump’s sweeping new tariffs left the world on the brink of a full-blown trade war. The benchmark Stoxx Europe 600 index fell 2 per cent at the open,