Breaking News: Politics
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Finance
‘Fantasy math’ masks tax bill’s U.S. debt impact, GOP lawmaker said. What the deficit means for your money
Annabelle Gordon/Bloomberg via Getty Images The massive package of tax cuts House Republicans passed in May is expected to increase…
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Economy
Trump advisor Hassett is confident tariffs will prevail despite judges’ ruling
National Economic Council Director Kevin Hassett speaks to reporters at the White House in Washington, D.C., U.S., April 14, 2025. …
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Economy
Elon Musk says Trump’s spending bill undermines the work DOGE has been doing
U.S. President Donald Trump and Tesla CEO Elon Musk, alongside Musk’s son X Æ A-Xii, speak to the press as…
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Finance
Fewer international tourists are visiting the U.S. — economic losses could be ‘staggering,’ researchers estimate
South_agency | E+ | Getty Images Spending from foreign visitors to the U.S. is poised to fall by $8.5 billion…
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Economy
Consumer confidence for May was much stronger than expected on optimism for trade deals
Consumer optimism got a much-needed boost in May on hopes for trade peace between the U.S. and China, according to…
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Finance
House Republican tax bill favors the rich — how much they stand to gain, and why
House Speaker Mike Johnson speaks to the media after the House narrowly passed a budget bill forwarding President Donald Trump’s…
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Finance
Ray Dalio says to fear the bond market as deficit becomes critical
Ray Dalio, founder of Bridgewater Associates LP, speaks during the Greenwich Economic Forum in Greenwich, Connecticut, US, on Tuesday, Oct.…
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Finance
JPMorgan CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth to collapse
Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking,…
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Finance
Scott Bessent calls Moody’s a ‘lagging indicator’ after U.S. credit downgrade
Treasury Secretary Scott Bessent said in an interview on NBC News’ “Meet the Press” that Moody’s Ratings were a “lagging indicator” after the…
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Finance
Federal Reserve will reduce staff by 10% in coming years, Powell memo says
U.S. Federal Reserve Chair Jerome Powell departs after holding a press conference following a two-day meeting of the Federal Open…
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