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Sean Clerget: Republican chief tax counsel, House Ways and Means Committee

Republicans delivered their major tax-and-spending cut bill this year faster than almost anyone in Washington had expected — and instrumental in...

18.09.2025 2

Tobias Burns

Tariffs, tax cuts fight each other in latest CBO outlook

President Trump’s tariffs and massive GOP tax cuts are set to have competing effects on the economy, according to the latest outlook report from the...

12.09.2025 3

Tobias Burns

Mortgage rates sink at fastest weekly pace in a year

Mortgage rates fell this week at their fastest weekly pace in a year, giving some relief to the strained housing market as economic conditions soften....

12.09.2025 30

Tobias Burns

Customs duties hit new record in August on tariff revenues

Federal customs revenues hit another new record in August, driven by sweeping tariffs on imports, one of the Trump administration’s signature...

11.09.2025 4

Tobias Burns

Fed stares down slowing job market, higher prices ahead of rate cut

Economists are expecting consumer prices to rise to a 2.9 percent annual increase in the monthly consumer price index (CPI) reading Thursday, up from...

11.09.2025 30

Tobias Burns

Trump’s ‘big, beautiful bill’ to shrink U.S. population: CBO

Republicans’ One Big Beautiful Bill Act will shrink the size of the U.S. population by hundreds of thousands of people, mostly due to new laws...

10.09.2025 3

Tobias Burns

Live updates: Trump economic moves draw scrutiny; 30-day DC emergency order to expire

Some Republicans are sounding the alarm over Tuesday's jobs report revision, casting doubt on President Trump's economic agenda, particularly his...

10.09.2025 4

Tobias Burns

Wholesale prices fell unexpectedly in August

Wholesale prices deflated in August, coming in well shy of expectations as businesses adjusted to new tariff and immigration policies being carried...

10.09.2025 4

Tobias Burns

Trump administration loosens corporate taxes after pulling out of global deal

The Trump administration pulled the U.S. out of a global minimum business tax agreement earlier this summer when it struck a deal with the Group of...

10.09.2025 10

Tobias Burns

Democrats accuse Treasury of creating new business tax loopholes

Democrats in the House and Senate say that new Treasury regulations will allow large corporations to avoid paying the corporate alternative minimum...

09.09.2025 4

Tobias Burns

Five takeaways on a dismal jobs report for Trump

The U.S. economy added a paltry 22,000 jobs in August, adding to concerns about the health of the economy while increasing the chances of interest...

05.09.2025 3

Tobias Burns

Senators spar over Trump's grip on Fed at testy confirmation hearing

The question of Federal Reserve independence took center stage Thursday at the confirmation hearing of Stephen Miran, chair of the White House Council...

05.09.2025 4

Tobias Burns

Labor Department to deliver first jobs report since Trump’s BLS firing

The Bureau of Labor Statistics (BLS) will deliver Friday its first jobs report since President Trump fired its leader in response to disappointing...

04.09.2025 10

Tobias Burns

Trump’s Fed pick to face grilling in the Senate

President Trump's latest potential addition to the Federal Reserve board of governors is set to face the Senate Banking Committee on Thursday, marking...

03.09.2025 10

Tobias Burns

Trump, GOP face tough choices for second tax bill

President Trump and Republican lawmakers passed their major tax-and-spending cut bill earlier this summer, faster than almost anyone else in...

02.09.2025 10

Tobias Burns

Trump flexes executive might over economy

President Trump is exercising direct authority over the economy in ways that few recent presidents have, flexing his muscle over institutions,...

29.08.2025 10

Tobias Burns

De minimis exception to be lifted Friday: What to know

President Trump is lifting a tariff exemption for small packages, subjecting billions of dollars in foreign products to import taxes after months of...

29.08.2025 3

Tobias Burns

Yellen blasts Trump's 'unlawful' firing of Cook

Related video: Sunrise's Trevor Shirley on Trump's FIRING of Fed. Reserve's Lisa Cook | SUNRISE Former Federal Reserve Chair and Treasury Secretary...

27.08.2025 8

Tobias Burns

Fed says it will abide by court ruling in Trump, Cook dispute over firing

The Federal Reserve said Tuesday it will abide by the court's decision in the upcoming lawsuit from Fed board of governors member Lisa Cook...

27.08.2025 3

Tobias Burns

Tax rate for ultrarich drops dramatically after GOP tax cuts: Study

The effective tax rate for the wealthiest 0.0002 percent of Americans — a group that corresponds roughly to the billionaires on the famous Forbes...

25.08.2025 5

Tobias Burns

Wage growth is sinking for poorest workers

Wage growth is slowing down for all workers following the booming recovery from the COVID-19 pandemic, but it’s dropping at the fastest pace for...

19.08.2025 20

Tobias Burns

Trump stuns Wall Street, Washington with controversial BLS nominee

President Trump's pick to lead the Bureau of Labor Statistics (BLS) is breaking the mold of his predecessors and causing alarm among economists of...

17.08.2025 8

Tobias Burns

Services sector slows down in July

Economic activity in the services sector fell back modestly in July as businesses held off on making purchases amid policy uncertainties. The...

05.08.2025 2

Tobias Burns

Economists blast Trump decision to fire BLS chief

Economists across the political spectrum are sounding the alarm over President Trump’s decision to fire the Labor Department’s top statistician in...

05.08.2025 50

Tobias Burns

Dark clouds emerge for Trump on economy

Dark clouds formed over President Trump’s economy Friday after the July jobs report showed the labor market only gaining 106,000 jobs over the last...

02.08.2025 100

Tobias Burns

Inflation ticks up more than expected in Fed’s preferred gauge

Inflation in the Federal Reserve's preferred measurement ticked up to a 2.6-percent annual increase in June from 2.3 percent as cost increases from...

31.07.2025 4

Tobias Burns

Fed holds rates steady but sees first double dissent in three decades

The Federal Reserve kept short-term interest rates at a level of 4.25 percent to 4.5 percent on Wednesday, but the vote saw the first double dissent...

30.07.2025 60

Tobias Burns

Trump faces critical week on economy

President Trump is staring down a big week on the economy. White House trade talks are intensifying ahead of an Aug. 1 deadline for “reciprocal”...

29.07.2025 9

Tobias Burns

5 ways Trump has shaped the economy in 6 months

President Trump sailed into the White House last year on confidence in his ability to handle the economy following 40-year high inflation and...

27.07.2025 30

Tobias Burns

Markets jump after Powell repels Trump attack

Financial markets finished the week on a high note after Federal Reserve Chair Jerome Powell stood his ground against President Trump in a rare joint...

26.07.2025 30

Tobias Burns

Trump's plans to sway Fed face hurdles beyond Powell

President Trump faces steep obstacles in his quest to sway the Federal Reserve toward his economic agenda. Trump will be able to replace Fed Chair...

24.07.2025 10

Tobias Burns

Housing starts tick up in June after hitting 5-year low

New home construction ticked up in June after hitting a five-year low in May — the lowest level since the thick of the coronavirus pandemic....

18.07.2025 9

Tobias Burns

Warren goes to bat for Powell amid Trump criticism

Massachusetts Sen. Elizabeth Warren, the top Democrat on the Senate Banking Committee, offered support Wednesday for Federal Reserve Chair Jerome...

17.07.2025 2

Tobias Burns

Jamie Dimon touts Fed independence as Trump ponders replacing Jerome Powell

JPMorgan Chase CEO Jamie Dimon went to bat Tuesday for the Federal Reserve and its chair, Jerome Powell, as the White House pondered ousting him over...

16.07.2025 10

Tobias Burns

Will Bessent serve as Fed chair, Treasury secretary at the same time?

The possibility that President Trump could replace Federal Reserve Chair Jerome Powell with Treasury Secretary Scott Bessent is spinning heads from...

14.07.2025 50

Tobias Burns

Markets sputter after Trump pushes tariff deadline

Financial markets are wobbling this week after President Trump extended his 90-day deadline for big trade deals over the weekend, following the...

09.07.2025 10

Tobias Burns

Here's how Trump's big bill will change taxes

President Trump's domestic agenda bill spans military and immigration measures, major cuts to national healthcare, and numerous industrial incentives...

04.07.2025 20

Tobias Burns

US businesses await trade deals as financial markets brighten

U.S. stocks have come roaring back after cratering at the onset of President Trump’s trade war, with the S&P 500 index hitting a record high last...

02.07.2025 9

Tobias Burns

Trump's big bill could have small economic impact, experts warn

The Senate version of President Trump's domestic policy bill will likely fall short of its ambitious promises for economic growth and fiscal...

26.06.2025 20

Tobias Burns

World economy braces for impact of US strikes on Iran

Economic fallout from the weekend strike by U.S. forces on Iranian nuclear facilities has been muted so far, but the opening of direct hostilities...

24.06.2025 3

Tobias Burns

Housing starts drop to lowest level since pandemic

The number of housing units that started construction in May fell to the lowest level since 2020, as the sector battles headwinds blown by high...

18.06.2025 4

Tobias Burns

Fed likely to keep rates steady amid trade war, Middle East conflict

The Federal Reserve looks set to maintain its pause on interest rate cuts at its meeting this week amid President Trump’s ongoing trade war and...

18.06.2025 20

Tobias Burns

Here's what's in the Senate GOP's version of Trump's 'big, beautiful bill'

The Senate Finance Committee on Monday unveiled its portion of President Trump’s “big, beautiful bill,” containing provisions on Medicaid, taxes...

17.06.2025 50

Tobias Burns

Senate scales back additional Trump tax cuts in its version of 'big, beautiful bill'

Senate Republicans’ tax and spending cut bill makes many of the core elements of their 2017 tax cuts permanent but scales back additional cuts from...

17.06.2025 6

Tobias Burns

Top earners to receive lion’s share of income boost from GOP bill: CBO

The top tenth of the U.S. income spectrum is set to receive the biggest annual boost to their wealth as a result of the House-passed Republican...

13.06.2025 60

Tobias Burns

Bessent claims tariffs aren't taxes

Treasury Department Secretary Scott Bessent insisted Thursday that tariff are not taxes, defying the widely accepted economic and financial definition...

12.06.2025 10

Tobias Burns

Republicans lay groundwork for 'total tax cliff' at end of Trump’s term

Congressional Republicans are laying the groundwork for a tax cliff at the end of President Trump’s term in office. While the conference is pushing...

12.06.2025 10

Tobias Burns

World Bank slashes growth outlook on trade concerns

The World Bank on Tuesday reduced its outlook for both global and U.S. economic growth this year, citing disruptions to global trade stemming...

10.06.2025 3

Tobias Burns

Musk predicts Trump's tariffs will cause recession amid growing spat with president

Former presidential adviser and confidante Elon Musk escalated his growing feud with President Trump by saying the president's tariffs would result in...

06.06.2025 20

Tobias Burns

Job market is holding its breath amid tariff truce with China

Job openings and hiring increased slightly in April ahead of the Friday employment report from the Labor Department, which will be a major data point...

03.06.2025 4

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Sean Clerget: Republican chief tax counsel, House Ways and Means Committee

Tobias Burns

Tariffs, tax cuts fight each other in latest CBO outlook

Tobias Burns

Mortgage rates sink at fastest weekly pace in a year

Tobias Burns

Customs duties hit new record in August on tariff revenues

Tobias Burns

Fed stares down slowing job market, higher prices ahead of rate cut

Tobias Burns

Trump’s ‘big, beautiful bill’ to shrink U.S. population: CBO

Tobias Burns

Live updates: Trump economic moves draw scrutiny; 30-day DC emergency order to expire

Tobias Burns

Wholesale prices fell unexpectedly in August

Tobias Burns

Trump administration loosens corporate taxes after pulling out of global deal

Tobias Burns

Democrats accuse Treasury of creating new business tax loopholes

Tobias Burns

Five takeaways on a dismal jobs report for Trump

Tobias Burns

Senators spar over Trump's grip on Fed at testy confirmation hearing

Tobias Burns

Labor Department to deliver first jobs report since Trump’s BLS firing

Tobias Burns

Trump’s Fed pick to face grilling in the Senate

Tobias Burns

Trump, GOP face tough choices for second tax bill

Tobias Burns

Trump flexes executive might over economy

Tobias Burns

De minimis exception to be lifted Friday: What to know

Tobias Burns

Yellen blasts Trump's 'unlawful' firing of Cook

Tobias Burns

Fed says it will abide by court ruling in Trump, Cook dispute over firing

Tobias Burns

Tax rate for ultrarich drops dramatically after GOP tax cuts: Study

Tobias Burns

Wage growth is sinking for poorest workers

Tobias Burns

Trump stuns Wall Street, Washington with controversial BLS nominee

Tobias Burns

Services sector slows down in July

Tobias Burns

Economists blast Trump decision to fire BLS chief

Tobias Burns

Dark clouds emerge for Trump on economy

Tobias Burns

Inflation ticks up more than expected in Fed’s preferred gauge

Tobias Burns

Fed holds rates steady but sees first double dissent in three decades

Tobias Burns

Trump faces critical week on economy

Tobias Burns

5 ways Trump has shaped the economy in 6 months

Tobias Burns

Markets jump after Powell repels Trump attack

Tobias Burns

Trump's plans to sway Fed face hurdles beyond Powell

Tobias Burns

Housing starts tick up in June after hitting 5-year low

Tobias Burns

Warren goes to bat for Powell amid Trump criticism

Tobias Burns

Jamie Dimon touts Fed independence as Trump ponders replacing Jerome Powell

Tobias Burns

Will Bessent serve as Fed chair, Treasury secretary at the same time?

Tobias Burns

Markets sputter after Trump pushes tariff deadline

Tobias Burns

Here's how Trump's big bill will change taxes

Tobias Burns

US businesses await trade deals as financial markets brighten

Tobias Burns

Trump's big bill could have small economic impact, experts warn