The U.S. Treasury on Thursday said the government should draw up a plan to begin recapitalizing mortgage giants Fannie Mae and Freddie Mac, while calling on Congress to pen a comprehensive housing reform that would allow them to be safely freed from government control.
The U.S. trade deficit narrowed slightly in July, but the gap with China, a focus of the Trump administration’s 'America First' agenda, surged to a six-month high.
A weakened but still deadly Hurricane Dorian crept up the Southeastern seaboard Wednesday, and millions were ordered to evacuate as forecasters said near-record levels of seawater and rain could swamp the coasts of Georgia and the Carolinas.
The Pentagon plans to tap into $3.6 billion in funding set aside for military construction projects and instead funnel it toward building a wall on the U.S. southern border with Mexico helping to make good President Donald Trump’s signature campaign promise.
Mandatory evacuations hit coastal areas from Florida to the Carolinas on Monday as Hurricane Dorian was expected to graze Florida and possibly strike Cape Hatteras, N.C.
Powerful Hurricane Dorian has been going nowhere because nothing high up is making it budge.
Planned Parenthood will lose $60 million in federal funding following a 9th Circuit Court of Appeals decision not to freeze a new Department of Health and Human Services rule.
U.S. economic growth slowed in the second quarter, the government confirmed on Thursday, but the strongest consumer spending in 4-1/2 years amid a solid labor market threw cold water on financial market expectations of a recession.
The National Hurricane Center said late Thursday that Dorian is expected to become a major hurricane Friday and remain an 'extremely dangerous' hurricane through the weekend as it sucks up the warm Atlantic waters.
China's "social credit" system, a high-tech operation that tracks and assigns points in relation to the daily activities and behavior choices of its citizens, is being developed in Silicon Valley.
A federal judge on Tuesday temporarily blocked an eight-week abortion ban from taking effect in Missouri but will allow another part of the law to move forward that bans abortion on the basis of race, sex, or disability.
An appeals court has ruled in favor of Christian filmmakers who had been told by Minnesota officials that they could not refuse to make videos for same-sex weddings on the grounds of religious objections.
The economy is on everyone's mind this week as fears about a possible recession continue to capture headlines. Now, the Bureau of Labor Statistics has released some revised employment numbers showing 500,000 fewer jobs were created than initially reported.
Approximately 64 percent of the arrests that the federal government made in fiscal 2018 were of non-U.S. citizens, according to a report released today by the Justice Department’s Bureau of Justice Statistics.
The federal government will rack up $12.2 trillion in deficits through 2029, according to a new projection from the nonpartisan Congressional Budget Office (CBO), an $809 billion increase from its last projection in May.
A U.S. appeals court in Denver said Electoral College members can vote for the presidential candidate of their choice and aren’t bound by the popular vote in their states.