Good Wednesday evening! Here's what we're watching as we digest last night's election results and the remarkable comeback/collapse in the Knicks-Cavs playoff game. Republicans Dropping Trump Ballroom ...

The annual inflation rate jumped to 3.8% in April as soaring fuel prices began to work their way through the U.S. economy, according to Bureau of Labor Statistics data released Tuesday. The annual ...

The cost of the war with Iran has risen to about $29 billion, a top Pentagon official told Congress Tuesday at House and Senate hearings on the Defense budget. The estimate, provided by acting ...

President Obama vetoed a bill last week that would have limited the taxpayer money spent on expense accounts for former presidents. The bill, titled the Presidential Allowance Modernization Act and ...

The Clinton era of the 1990s is remembered as a prosperous time punctuated by a series of scandals. Today, we tend to dismiss these scandals as irrelevant because they mostly involved sex, were ...

On Wednesday, President Obama endorsed the idea of “promise zones,” a variation of the old Republican idea of enterprise zones. These new zones—located in San Antonio, Philadelphia, Los Angeles, ...

Recent shifts in U.S. tariff policy could add more than $1 trillion to federal budget deficits over the next decade, the director of the Congressional Budget Office said Monday. In February, the ...

To compile this Fiscal Health Index, we looked at 116 U.S. cities with populations greater than 200,000, using data from 2015 financial reports issued by the cities themselves. Our scoring system is ...

Opinions about tax policy are divided in the U.S. along fairly predictable partisan lines, with Republicans typically expressing preferences for lower taxes compared to Democrats, but how do those ...

McDonald's just reported its first quarter financial results on April 20. The global fast food chain generated $6.54 billion during the period and delivered earnings per share of $1.23. Global ...

Standing behind a podium in the Rose Garden, President Bill Clinton delivered a bold prediction 20 years ago. “Well ahead of the most ambitious schedule, America has balanced the budget,” he declared.

The Trump administration has redirected $1.25 billion from the State Department to President Trump’s Board of Peace, according to a report in Semafor Thursday. The money was intended to fund disaster ...