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CONGRESS SUMMER RECESS
US Congress passes $95 billion Republican budget for Iran warThe House approved a Republican-only budget proposal for Iran war funding. This plan allocates significant funds for national security and ...
Key US government surveillance program is set to expire. A look at what that meansA vital US spy program, Section 702, has expired. Congress failed to extend its powers. This tool helps prevent terror attacks and track fo...
View: The US economy is replaying the 2000s, not the 1970sThe US economic landscape is grappling with a double-edged sword. Remnants of the 1970s stagflation are evident in sluggish employment figu...
Stimulus check: IRS direct deposit payment coming in November? All you need to knowStimulus check latest update: IRS official earlier said that taxpayers will not receive new stimulus checks of any amount this summer.
U.S. government shutdown September deadline nears: Check date, key detailsWill there be government shutdown under the tenure of U.S. President Donald Trump?
IRS Stimulus Checks Update: No new $1,390 payout this August, here’s what taxpayers should know — Fact CheckSeveral reports circulating online claim that the IRS has approved $1,390 stimulus checks for eligible households to be distributed later t...
Donald Trump ally Bannon asks the Supreme Court to delay his 4-month prison sentence on contempt chargesSteve Bannon, a longtime ally of former President Donald Trump, asked the Supreme Court on Friday to delay his prison sentence while he fig...
Economists finally have a good excuse for being wrongIt is understandable when a model is wrong because of some big and unexpected shock, such as the war in Ukraine. But that is not the case h...
Oil extends losses as recession fears mountOil prices fell 2% in early trade on Thursday, extending losses from the previous day, as investors worried that aggressive U.S. interest r...
US Fed's bank stress test results absurd: Larry SummersSummers’ criticism follows similar calls by other Federal Reserve officials.
'Debt shouldn't deter US from fiscal spending'Developed countries face worrying debt levels related to aging populations and increasing health care costs.
SC to hear Jairam Ramesh’s plea on Aadhaar in JulySC has agreed to hear Congress leader and Rajya Sabha member Jairam Ramesh’s plea that the Lok Sabha passed the Aadhaar Bill as a money bil...
- No tax deal would risk new recession: Obama aide
Top White House economic advisor Larry Summers warned Wednesday that if US lawmakers reject a compromise tax deal they risk plunging the US...
- Obama package to focus on credit for customers
Top advisers to Obama signaled they will emphasize getting credit to consumers and businesses rather than helping banks as the new administ...
- Obama economic plan to cost between $675 and $775 bn: Aides
US President-elect Barack Obama's economic stimulus plan may cost between 675 billion and 775 billion dollars and will favor long-term infr...
- US budget deficit in '08 surges to record $454 bn
The federal budget deficit soared to $454.8 billion in 2008 as a housing collapse and efforts to combat the economic slowdown pushed the ti...
- Financial turmoil raises worries of deeper recession
It has been almost an article of faith: Any recession this year will be mild and brief.