The political landscape in the United States is shifting with significant moves that could impact both workers' incomes and access to key social assistance programs.

In a bold move, former President Donald Trump aims to fulfill a campaign promise by eliminating federal taxes on overtime pay. This initiative, now taking shape through a legislative proposal, could significantly impact American workers' finances.

The Treasury secretary and trade representative plan to meet with Chinese officials this weekend to discuss trade and economic matters.

The Federal Reserve is yet to move interest rates in 2025 as the central bank continues its “wait-and-see” approach in the aftermath of President Donald Trump’s tariffs. After Wednesday’s meeting, the central bank announced it would keep the federal funds rate,

Despite harsh criticism from the president, Chair Jerome Powell and other Fed officials have said they want to see how Trump‘s tariffs affect the economy before making any moves.

The Federal Reserve on Wednesday once again left interest rates unchanged — despite repeated calls from President Trump for Fed Chair Jerome Powell to slash rates immediately. Instead, policymakers cited heightened economic uncertainty from Trump’s trade war for their decision to keep the Fed funds rate between 4.