In an extraordinary act of sheer political muscle, Donald Trump and the Republican leadership in Congress succeeded on pushing through one of the most transformational pieces of legislation in many years, which would substantially tilt the playing field in favor of the wealthy and leave many of those closer to the bottom worse off. […]

 It’s graduation time for college and university students and many of them are finding a tougher job market than in past years. That reflects a significant slowdown in hiring by companies and may presage a broader economic deceleration amidst continuing uncertainty over tariffs and other Trump policies. The unemployment rate among recent graduates has […]

A bevy of fresh economic statistics and forecasts sheds a bit more light on the state of the U.S. economy, almost five months into Donald Trump’s second stint in the White House. It’s a picture of an economy that is slowing significantly, but without evidence yet of the anticipated jump in inflation from Trump’s round […]

 Elon Musk took to X on Tuesday to slam the tax plan passed by the House of Representatives less than two weeks ago and firmly endorsed by his former boss, Donald Trump. It’s a “disgusting abomination” that would “massively increase the already gigantic budget deficit,” he wrote in a series of 10 posts. “Congress […]

 In fits and starts, the House of Representatives is marching toward passage of President Donald Trump’s “one big, beautiful bill,” a sprawling assemblage of vast tax cuts and significant reductions in spending on Medicaid, the government’s health insurance program for the least well off. Consequentially, the bill, which includes its share of gimmicks, would […]