Also: Fed pauses rate cuts, are Trump’s tariff threats working?

The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.

The Commerce Department report also showed the United States ran record bilateral trade deficits with Mexico, Vietnam, India, Taiwan, South Korea and the 27-nation European Union.

I am 100% behind President Donald Trump trying to right-size the federal government. Really, all taxpayers should be.

SDPD Chief Scott Wahl speaks with CBS 8's Eric Kahnert about how federal immigration policies and the city's budget deficit ...

The U.S. trade deficit widened sharply in December as imports surged to a record high against the backdrop of tariff threats.

OTTAWA - The Finance Department says the federal deficit was $22.7 billion between April and November. That compares with a $19.1 billion deficit over the same period last year. According to the ...

The Indian government will target a narrower fiscal deficit of 4.4% of gross domestic product for fiscal year 2025-26, down ...

The lawsuit accused Scott Bessent, the Treasury secretary, of giving Elon Musk's Department of Government Efficiency access to sensitive information.

Gov. Wes Moore promised to lead Maryland through difficult economic times and federal uncertainty during his third State of ...

I'm glad our president puts America first. Why is he doing all of this? Remember that the federal deficit hit an unsustainable $1.8 trillion in the last fiscal year with the nation at peace and ...

Entitlements are created by law and convey a benefit if certain conditions are met; however, entitlements are not a legally binding contract (as the U.S. Supreme Court confirmed in 1960 in Flemming v.