"What Trump and Elon Musk are testing ... They're testing the power of the President to overturn the will of Congress," said Elaine Kamarck.

Federal agencies across Washington are finding ways to keep funding frozen even after judges last month temporarily blocked ...

The CFP also prosecutes companies that it says fail to protect consumers. In December, it filed a lawsuit against the ...

The Federal Reserve will likely wait until September before cutting its policy rate, traders bet on Thursday, as data kept ...

The buyout is one of many approaches Trump is taking to slash a civilian workforce of 2.3 million that he has blasted as ...

U.S. stocks are sinking after a report said inflation is unexpectedly getting worse for Americans. The S&P 500 fell 0.9% in ...

President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.

A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...

Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank must gain more insight on proposed policy ...

The search of a home in Pickens County, South Carolina, led to the recovery of stolen items and drugs, according to the Pickens County Sheriff's Office.

The Fed lowered its key interest rate by a total percentage point at three meetings late last year but held it steady in late January as inflation remained stuck just below 3%. Wednesday’s report on ...

After cutting its key rate a full percentage point in the final three months of last year, with “the economy remaining strong, we do not need to be in a hurry to adjust our policy stance,” Powell said ...