What the analysts are saying: The report suggests that inflation is still very much a problem for the U.S. economy, not least because it means that workers have been losing buying power. Since January ...

It's a somber Friday, as the nation marks the 25th anniversary of the 9/11 attacks. As part of the commemoration ceremony in New York City this year, a seventh moment of silence was added to honor the ...

Happy Friday! We hope you had a better day than Katie Zacharia, who was ousted as White House press secretary just one week after President Trump announced her hiring. It wasn't a very happy day for ...

The predictions from economists about the consequences of Brexit were widely ignored. That shouldn’t be surprising. In recent years the public has lost faith the in the economics profession. One ...

The U.S. military is good at fighting wars, but it sucks at managing money. Partly because of its convoluted bookkeeping systems, $8.5 trillion—yes, trillion—taxpayer dollars doled out by Congress ...

The Pentagon hasn’t said how much the war with Iran is costing, but a new analysis from the Center for Strategic and International Studies, a bipartisan think tank, estimates that the first 100 hours ...

McDonald's just reported its first quarter financial results on April 20. The global fast food chain generated $6.54 billion during the period and delivered earnings per share of $1.23. Global ...

A federal judge on Monday ruled that President Trump’s $10 billion lawsuit against the IRS over the illegal release of his personal tax records was an improper attempt to manipulate the legal process ...

Over the 12 months ending in July, prescription drug prices saw their biggest annual drop in more than 60 years, according to inflation data released by the Bureau of Labor Statistics Wednesday. While ...

Happy Monday! The Senate has plenty on its agenda this week before it heads out for a scheduled summer break. Senate Majority Leader John Thune is looking to tackle a list of legislative priorities, ...

The Department of Government Efficiency came to an official end this past weekend as the Trump administration’s cost-cutting effort reached a self-imposed termination date of July 4, 2026. First ...

The effects of Treasury Secretary Scott Bessent’s extraordinary intervention in the bond market faded quickly on Thursday. One day after Bessent announced that the Treasury Department would at least ...