Despite promises of massive cuts from a new efficiency department, U.S. government spending continued to rise in fiscal year ...

In 2023, when he was campaigning to win back the White House, President Donald Trump said he would reduce the federal budget. "Instead of growing the size and scope of the federal government … we will ...

Trade deficits are down, but factory jobs are, too, and inflation is up. However you slice it, a year of uneven policymaking ...

The US trade deficit was largely unchanged in 2025 despite President Donald Trump's claims that his sweeping tariffs would rapidly shrink the gap. The annual trade deficit in 2025 totaled $901.5 ...

Republican legislatures already grappling with budget shortfalls consider further cuts and new taxes to cover funding gaps ...

US President Donald Trump has said he will impose global tariffs of 15%, as he has continued to rail against a Supreme Court ruling that struck down his previous import taxes. Trump said on Friday ...

WASHINGTON (AP) — The U.S. trade deficit slipped modestly in 2025, a year in which President Donald Trump upended global commerce by slapping double digit tariffs on imports from most countries. But ...

Add Yahoo as a preferred source to see more of our stories on Google. Cranes and shipping containers at the Port of Long Beach in Long Beach, California, on February 20, 2026. - Kyle Grillot/Bloomberg ...

French wine is among many foreign products targeted by high U.S. tariffs. Much has changed in the U.S. economy since Donald Trump returned as president a year ago, but one thing has stayed the same: ...

The U.S. national debt has hit a record $39 trillion. The deficit hit the milestone Wednesday just weeks into the ...