The Fed also now expects the economy to grow more slowly this year and next than it did three months ago

In an effort to limit fraudulent claims, the Social Security Administration will impose tighter identity-proofing measures — which will require millions of recipients and applicants to visit agency field offices rather than interact with the agency over the phone

A federal judge ruled Tuesday that the dismantling of the U.S. Agency for International Development likely violated the Constitution in an order that blocked Elon Musk’s Department of Government Efficiency from making further cuts to the agency

Eliminating the department altogether would be a cumbersome task, which likely would require an act of Congress

President Donald Trump has officially increased tariffs on all steel and aluminum imports to 25%

The consumer price index increased 2.8% in February from a year ago, Wednesday’s report from the Labor Department showed, down from 3% the previous month

The drama on Tuesday delivered a win for Trump but also amplified concerns about tariffs that have roiled the stock market and stirred recession risks

The Supreme Court has weighed in twice on President Donald Trump’s rapid-fire efforts to remake the federal government

Conservatives have long talked about cutting government, but Republicans in Congress have shied away from approving deep reductions because of fear of how voters would react