U.S. federal budgeting has two major categories of spending. The one subject to the most scrutiny is “discretionary” spending, which is the basis of the annual appropriations process. This includes ...

Are red cities marooned in blue states—and blue cities in red states—at a financial disadvantage because of partisan politics ...

South Africa needs a credible plan to stabilise and reduce debt or it risks economic stagnation and financial instability.

Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.

House Majority Leader Steve Scalise discussed Republicans' plans to grapple with several fiscal deadlines on the horizon.

Trump's National Economic Council director makes the case for an economic "golden age" ahead, bringing significant change to ...