Federal Reserve Chair Jerome Powell testifies on Capitol Hill for committees that oversee the central bank and the financial industry.

While Fed officials penciled in two rate cuts this year at their December meeting, economists and Wall Street investors are increasingly skeptical, with some predicting no reductions at all this year.

WASHINGTON (AP) — Tulsi Gabbard moved a step closer to being the next director of national intelligence Monday after the U.S.

House Democratic leaders are set to speak Tuesday morning as their Republican colleagues appear divided on passing President ...

The House Ways and Means Committee is holding a hearing Tuesday morning focused on the Internal Revenue Service’s (IRS) ...

The United Nations says it has suspended its humanitarian operations in the stronghold of Yemen’s Houthi rebels after they detained eight more U.N. staffers. In a statement Monday, ...

One day after a DOGE Treasury Department employee resigned over racist social media posts, the Trump administration has vowed ...

Thousands of demonstrators gathered in cities across the U.S. on Wednesday to protest the Trump administration's early ...

Labor moved to block an attempt by the manager of opposition business, Michael Sukkar, to amend the process. Labor gained ...

U.S. President Donald Trump said Tuesday he wants his country to take ownership of the Gaza Strip and redevelop it after Palestinians are displaced elsewhere.

Donald Trump has suggested the US will "take over" the Gaza Strip and move Palestinian people elsewhere — as it happened.

The headquarters of the foreign aid organisation USAID has been closed, as the US president moves to slash its funding and workforce.