At his confirmation hearing before the Senate Finance Committee on Thursday, Treasury Secretary nominee Scott Bessent defended President-elect Donald Trump’s economic proposals for tax cuts and ...

Happy Friday! Here’s an evening update to kick off your weekend. Biden Goes Out With a Bang in the Jobs Market President Joe Biden is ending his term in office with a remarkably strong labor market.

Popular diabetes and weight-loss drugs Ozempic, Rybelsus and Wegovy are among 15 drugs selected by the Biden administration for a second annual round of Medicare price negotiations meant to bring ...

Happy Friday! We’re just a couple of days away from the inauguration of Donald Trump as the 47th president of the United States — and that swearing-in ceremony has now been moved indoors for ...

The U.S. is on track to add $22 trillion to the national debt over the next 10 years, the Congressional Budget reported Friday in its updated budget and economic outlook. A continuous chain of ...

Happy Wednesday! President Joe Biden and President-elect Donald Trump each announced a ceasefire deal between Israel and Hamas today after more than 15 months of devastating violence in the Middle ...

The Senate on Wednesday ramped up its consideration of President-elect Donald Trump’s Cabinet picks, holding six confirmation hearings, including for Sen. Marco Rubio, nominated to be secretary ...

Congressional Republicans are still plotting out the strategy and details of the budget reconciliation bill they want to use to pass major portions of President-elect Donald Trump’s agenda.

Trump’s directive may help create consensus on the issue, but many Republicans — particularly those from red states — still oppose the idea of lifting the cap. Budget watchdogs also dislike raising ...

President-elect Donald Trump said Tuesday that he plans to create a new federal agency to collect tariffs and revenue from international sources. “I am today announcing that I will create the ...

Good evening! On this date way back in 1952, NBC’s “Today” show first aired. The big show on Tuesday, though, was on Capitol Hill, where Pete Hegseth, President-elect Donald Trump's pick to ...