President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation ...

President-elect Donald Trump will take charge of a federal government that will reach its self-imposed debt limit of $36 ...

India's middle class has long been celebrated Some call it the backbone of the economy But that backbone seems to be under a ...

A Congressional Budget Office report shows debt closing in on a post-World War II high as a share of GDP.

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, Congress’s nonpartisan ...

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

WASHINGTON (Reuters) - The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal ...

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...

The jobless rate soared to 14.8% at the height of the pandemic, but, by the time Biden took office, it had dropped to 6.4%. It then fell steadily to 3.4% by 2023 as the U.S. recovered fully from the ...

The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.

Rachel Reeves faces a £20bn black hole in the public finances due to soaring interest rates and crumbling economic growth, ...