Money

The U.S. federal deficit is expected to hit $2 trillion in the 2024 fiscal year, nearly double the amount before the COVID-19 pandemic.  Federal borrowing is now over $5 billion …

(The Center Square) – Recent Medicare changes announced by the Biden administration could cost taxpayers more than $21 billion over the next three years, according to a new analysis by …

Government benefits now account for nearly a fifth of Americans’ income, according to a report by the Economic Innovation Group (EIG).  The study shows a significant increase in reliance on …

Consumer confidence in the U.S. economy took a sharp nosedive in September, marking the biggest one-month decline since the onset of the COVID-19 pandemic. According to the Conference Board’s Consumer …

Sales of new U.S. single-family homes fell in August 2024, but the decline was smaller than expected. According to the Commerce Department’s Census Bureau, sales dropped 4.7% to a seasonally …

Former President Donald Trump vows to stop China from buying U.S. land if re-elected in the upcoming presidential election. In an exclusive interview with Breitbart News, Trump highlighted the need …

To prevent delays in veterans’ benefits, Congress has approved a $3 billion emergency budget stopgap for the Department of Veterans Affairs (VA).  The Senate passed the measure on Thursday, following …

A federal judge has once again blocked the Biden administration’s student loan forgiveness plan, extending a temporary restraining order for an additional 14 days. U.S. District Judge Randal Hall ruled …

The U.S. Federal Reserve has cut its benchmark interest rate by half a percentage point, marking the central bank’s first reduction in over four years. The decision, announced on Wednesday …

In a troubling sign for the U.S. economy, the federal government has paid over $1 trillion in gross interest on its debt for fiscal year 2024. According to the Treasury …