The U.S. budget deficit in July climbed 20% this fiscal year compared to the last despite the U.S. taking in record income from President Donald Trump’s tariffs, according to Treasury Department data ...

Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...

In the world’s biggest bond market, investors are pushing back against President Donald Trump’s tax-cut plan. On Wednesday, they drove yields on benchmark 30-year Treasuries to as high as 5.1%, ...

Learn how fiscal policies like government spending and tax changes impact budget deficits. Understand their influence on economic stability and growth.

California’s young adults earn significantly more than their peers nationwide – but those millennial incomes are not substantially above the Golden State’s norms. My trusty spreadsheet reviewed ...