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You Searched For "federal spending" and got 20 results


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3 mins read

Not just Fed, but central banks of these countries also tinkered with rate cuts this week

The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Cent…

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7 mins read

3 couples who recently got mortgage interest rates under 3% share how they did it

The homebuyers are using the savings from their low-interest-rate mortgages to pay down debt and co…

Alcynna Lloyd   


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3 mins read

Elon Musk's PAC is pouring millions into these 14 districts to keep the GOP in control of the House

After spending tens of millions on Trump, Musk's "America PAC" has begun spending at least $2.1 mil…

Bryan Metzger   


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2 mins read

Fed meeting starts today, rate cut on the cards. Here’s what experts are saying

The US Federal Reserve's meeting, starting today, is expected to announce changes in interest rates…

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3 mins read

Elon Musk is a Trump win away from serious federal power

Former President Donald Trump is taking a page out of Elon Musk's book, announcing a plan to create…

Ayelet Sheffey,Brent D. Griff…   


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2 mins read

Big Crypto is now spending more on US elections than any other industry

Crypto companies have already funneled some $119 million into federal elections, according to data …

Lakshmi Varanasi   


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4 mins read

With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?

Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…

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2 mins read

Americans' spending patterns are flashing a warning of a possible consumer-led recession

Consumers are pulling back on discretionary purchases, a sign that their stimulus-fueled shopping s…

Jennifer Sor   


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1 min read

The US debt will surge to $56 trillion in the next 10 years as government spending outpaces revenues

The federal debt is on track to soar 64% over the next decade, notching $56 trillion, according to …

Jennifer Sor   


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6 mins read

Jacob Shamsian   


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3 mins read

People aren't spending like they used to and it's forcing companies like Nike and Walgreens to make drastic changes

American consumers are getting tighter with their wallets and pickier about deals, which means reta…

Dominick Reuter   


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2 mins read

John L. Dorman   


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4 mins read

What is the federal funds rate?

The federal funds rate is the interest banks charge each other for overnight loans. Set by the Fede…

Karen Fernandez   


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2 mins read

The Federal Reserve is done talking about recession

The word "recession" doesn't appear in minutes from the Fed's last three meetings, after cropping u…

Theron Mohamed   


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3 mins read

A federal climate jobs program could hire 20,000 workers this year

The American Climate Corps is modeled after a New Deal-era program that hired millions of men to co…

Catherine Boudreau   


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4 mins read

These 40 House Republicans voted against millions of dollars in federal funding that they secured for their districts

Rep. Lauren Boebert voted against what she called the "Swamp Omnibus," even though her district wil…

Bryan Metzger   


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2 mins read

US debt interest payments are unsustainable and flash 'huge warning signs' as they take over federal spending, budget expert warns

As US debt explodes, net interest payments are projected to become the single biggest expenditure b…

Filip De Mott   


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1 min read

Biden's former chief of staff says the president spends too much time 'talking about bridges'

Former Biden White House Chief of Staff Ron Klain said he thinks Biden should focus more on economi…

Madison Hall   


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3 mins read

Consumers fended off a recession but keep spending like there's no tomorrow

People are saving less, raiding their nest eggs, and racking up record amounts of credit-card debt.…

Theron Mohamed   


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3 mins read

These 4 GOP senators voted to rip away millions of dollars in federal funding that they had secured for their home states

The vote was unsuccessful, and most of those senators voted for the bill's final passage. But it's …

Bryan Metzger