How soaring national debt impacts mortgage rates and the housing market
The ongoing government shutdown is hindering the economy in numerous ways. Among the most notable: The nation’s debt…
Will Trump and Xi’s shock tactics ruin any chances of ending the US-China trade war?
Blame games, tit-for-tat threats, off-again on-again meetings between US President Donald Trump and Chinese President Xi Jinping, and…
Tariffs help trim US deficit in first drop since COVID; White House nears tariff relief for auto industry
The White House is ready to ease tariffs on the US auto industry, delivering a major win for…
IRS says shutdown-exempt staff face furloughs if they take too much leave
The IRS furloughed nearly half its workforce earlier this week, but is now warning remaining staff they may…
Was DOGE all for nothing? Here are the receipts
In the earliest days of the second Trump administration, Elon Musk vowed to take an Argentina-sized chainsaw to…
Supreme Court To Weigh In On Trump’s Tariff War
The Supreme Court announced on Tuesday that it will hear arguments on whether President Donald Trump’s “emergency” imposition…
U.S. Sanctions Network Moving Iranian Oil Disguised as Iraqi Crude
The U.S. Treasury Department on Tuesday rolled out new sanctions against a shipping network accused of smuggling Iranian…
US Hits Greek Shipper, China Ports in Push Against Iran Oil
Tankers in Spain Photographer: DeAgostini/Getty Images (Bloomberg) — The US sanctioned a Greek shipper and two Chinese port-terminal…
Bessent Banking on Crypto Sector to Buy US Treasuries
The U.S. Treasury secretary is reportedly counting on the cryptocurrency sector to become a key purchaser of Treasuries. …
Donald Trump Scores Major Legal Win in Accessing Sensitive Data of Millions
A divided federal appeals court has ruled that the Trump administration’s Department of Government Efficiency (DOGE) can access…
A Framework for Proactively — and Rapidly — Lifting Sanctions on Syria
In a major shift in U.S. policy that even took U.S. Treasury officials by surprise, President Donald Trump…
What Credit Rating Cut Means for America’s Economy
On May 16, Moody’s lowered the U.S.’s credit rating from “Aaa” to “Aa1,” stripping the country of the…