The national debt already exceeds $36 trillion and is growing at historic rates. That has cascading consequences for the ...

NATO allies have reportedly agreed to hike their defense spending to 5% of gross domestic product (GDP) by 2035. One chart ...

The highly public spat between Tesla CEO Elon Musk and President Donald Trump over the One, Big, Beautiful Bill highlights an ...

The U.S. will pay $1 trillion in interest on the $36 trillion national debt next year, more than it spends on Medicare and ...

We're continuing to track the big tax and spending bill winding its way through Congress, which would add $2.4 trillion to the U.S. government deficit over 10 years, according to the nonpartisan ...

An OECD warning of economic damage from President Trump's tariffs has put investors on watch for progress in US trade talks.

President Trump granted clemency to John G. Rowland, left, the former Republican governor of Connecticut who resigned in 2004 amid a federal corruption investigation and later pleaded guilty to ...

As it cut rates to 2 per cent last Thursday, the European Central Bank said it was in a “good position” to navigate the uncertain conditions facing it in the months ahead. Donald Trump later ...

The president’s top aides have signaled they may seize on a timing quirk in law to cancel enacted funds, setting up a clash ...

Time is running short for Capitol Hill Republicans hoping to pass President Trump’s massive tax and spending plan by his self ...

Kevin O'Leary says Elon Musk’s criticism of President Donald Trump’s spending bill was triggered by rising federal deficits and soaring post-pandemic government debt.

Interest payments, Social Security and health care have driven most of the increase since February 2020, and there’s no will ...