US Treasury Secretary Scott Bessent criticized China's export-driven economic model as unsustainable, harming both China and ...

Meanwhile, the IRS, like other federal agencies, is hemorrhaging employees over cuts spearheaded by the Department of Government Efficiency, all while the agency churns through acting leaders as it ...

Wall Street’s jubilation that Donald Trump is dialing down his combative agenda was dealt a reality check after Treasury Secretary Scott Bessent cast doubts on a timely resolution to the US-China ...

Since the finalization of the IRS’s “check-the-box” entity-classification regulations nearly 30 years ago, a state law LLC ...

Allowing the tax cuts to expire would result in the single most significant tax increase by dollar amount in history, an estimated $4.6 trillion revenue increase over a decade, from fiscal year 2025 ...

Trump is peddling two nonsense numbers. First, that tariffs are already bringing in $3 billion a day. He’s off by a factor of ...

The Education Department is resuming 15% wage garnishment of student loans borrowers paychecks for defaulted federal student ...

Millions of borrowers in default will face wage garnishment and withheld government payments, intensifying financial strain.

U.S. stocks are tumbling as worries about President Donald Trump’s trade war and his criticism of the Federal Reserve cause ...

The bond market has been volatile in April amid concern that tariffs will spark supply-chain disruptions, potentially leading to a worrisome economic scenario of higher inflation and slower growth.

President Donald Trump is claiming that tariffs on imported goods are bringing in billions of dollars a day — $2 billion to ...