The report draws from research from the New School’s Institute on Race, Power and Political Economy, which found that in 2024 the median net worth for Black Chicago-area households was zero dollars — ...

New economic analyses, several conducted by the federal government using official data sources, point to slowing economic ...

WASHINGTON (AP) — The Labor Department has cut back on the inflation data it collects because of the Trump administration’s government hiring freeze, raising concerns among economists about the ...

WASHINGTON (AP) — President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period ...

“The CBO assumes long-term GDP growth of an anemic 1.8% and that is absurd,” said White House press secretary Karoline ...

HANOI, Vietnam (AP) — Vietnam abolished its long-standing two-child limit on Tuesday to try and reverse declining birth rates ...

As Congress celebrates the impending approval of the 'Grand and Beautiful Bill,' Wall Street's mood is starkly different. The ...

The U.S. Federal Reserve's ability to steer the economy through interest rate adjustments depends on market confidence. If rates are rising due to runaway debt, the Fed may find itself forced to raise ...

The White House’s One Big Beautiful Bill would cost trillions, and other administration moves wouldn’t fill the budget gap.

Office of Management and Budget Director Russ Vought issued a stark warning Wednesday during a House Appropriations Committee hearing, saying the United States could face a recession and steep tax ...

The research group expects the Fed to remain on hold this year, as the economy is hamstrung by uncertainty over whipsawing ...