After two years of robust growth fueled by military spending on the war in Ukraine, Russia’s economy is slowing. Oil revenues ...

This accounting method treats tax cut extensions as a continuation of the current policy that costs nothing, rather than as a new policy.

The federal deficit has not fallen by 25% during Trump’s second term. The fiscal year 2025 deficit was 2.3% smaller than the fiscal 2024 deficit. When considering only the portions of the fiscal 2025 ...

New projections show the state is on track to see structural deficits — in which it commits to spending more money than it ...

President Donald Trump signed a government funding bill Wednesday night, ending a record 43-day shutdown that caused ...

The private university, long known for its wealth, has eliminated nearly 1,000 positions and introduced an array of other ...

The US’s $38 trillion debt crisis could reshape global power, but India must adopt free-market strategies to propel its ...

Despite facing a $12 billion deficit this year, California’s Legislature still managed to spend at least $415 million for local projects to help lawmakers win their next elections. CalMatters ...

Affording a war is different from financing a war. To make any new thing affordable, either there must be a reallocation of ...

In arguments before the Supreme Court, the White House backed away from its claims that President Trump’s tariffs were about ...

Is AI helping marketers keep up? Teen Vogue folding into its parent publication, AI gets into the music business.