The lawsuit filed last week to halt the Trump administration’s dismantling of the U.S. Agency for International Development stands on a bedrock constitutional principle: “Congress, not the President ...
The Department of Government Efficiency is coordinating mass firings after a Trump executive order gave the group expanded ...
Expectations for rate cuts were recalibrated after CPI, with markets now predicting the Fed will hold rates steady until well ...
Following the discovery of racist posts, a DOGE official resigned a day after he was wrongly granted the power to alter ...
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
U.S. technology stock crash. The Magnificent 7 tech stocks now make up 33% of the S&P 500 SPX by market cap, and with valuations already high, a return to the long-term price/earnings average alone ...
The Trump administration is gearing up for large changes to the Department of Education, which oversees a $1.6 trillion ...
Elon Musk's Department of Government Efficiency has made swift work of the billionaire's goal to curtail the government. Here are some of the actions it has taken.
Local protesters marched Tuesday around the buildings of the federal Bureau of the Fiscal Service in downtown Parkersburg to protest the actions of the Department of Government Efficiency and its head ...
Since then, the task force led by billionaire Elon Musk says it has saved more than $1 billion by canceling diversity, equity and inclusion contracts, among other expenses, according to DOGE's social ...
Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that officials will be patient before lowering borrowing costs further. “With ...
A diminishment of the bureau’s effectiveness would have real – and lasting — consequences on the ability of Fed officials to adjust rates to tame inflation or preserve the labor market. The longer it ...