Ray Dalio urged swift action to narrow the federal deficit from the current 7% of GDP to a more manageable 3%, advocating for ...

Republicans' tax policy bill will have massive consequences. Both parties are hoping it will boost them in the 2026 election.

Simply put, taxpayers will be able to benefit from many of the tax changes in 2025, although they might not notice the ...

Ben Harris is director of economic studies at the Brookings Institution and the former chief economist at the Treasury ...

President Donald Trump, assisted by Vice President JD Vance, remained in talks with lawmakers throughout the week to coax them into voting for the legislation.

The SALT deduction, which is an alternative to the standard deduction provided to US taxpayers, has been extended from ...

Kentucky Gov. Andy Beshear (D) slammed the bill and said it pushes people off healthcare insurance to bring tax cuts to ...

American electric vehicle makers Rivian and Lucid rose as much as 4.6% and 8.8%, respectively, on Thursday. The gains came ...

Business investors and wealthy Americans are among the biggest winners in President Donald Trump’s tax bill. Those hit the ...

President Donald Trump drew fierce criticism and was accused of anti-Semitism for a comment he made during a speech celebrating the passing in Congress of his so-called “Big, Beautiful Bill” on ...

Here is your digest from Manus Cranny in Abu Dhabi. US President Donald Trump secured a significant win on Thursday after Republicans voted to approve his tax and spending bill, cementing his ...

A 'big, beautiful bill' which is set to be a cornerstone of Donald Trump's administration has been passed in the United States but it has also been slammed as 'ugly' for the cuts to public spending ...