Global government borrowing is expected to reach a record $12.3tn this year, as a rise in defence and other spending by major economies and higher interest rates combine to push up debt levels.

By John Hood Every citizen who meets the basic requirements — adulthood, residency and the completion of sentence after a felony conviction — can cast a ballot in North Carolina. There’s no test of ...

The event is expected to feature much pomp and circumstance as Trump touts his accomplishments so far — but will Democrats ...

As President Donald Trump unleashes sweeping changes across the US government and overturns decades of American foreign ...

The town council unanimously adopted the nearly $211 million budget that’s 7.2% less than the current fiscal year. At a Jan.

The Pentagon, in initial work with Elon Musk’s Department of Government Efficiency (DOGE), has found some $80 million in what ...

Trump and congressional leaders have lost hope in a full government funding deal and pivoted toward a stopgap bill for the ...

Such an uneven distribution makes economic growth increasingly reliant on further gains in the wealth effect in the form of rising equity and property prices. Since the top 10% owns most of the wealth ...

Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic ...

Top appropriators are still in search of a deal to fund the government with 10 days until a shutdown deadline, as talk in the ...

Government spending is tied up with consumer and business spending. Not reporting it as part of GDP would breach global accounting standards.

President Donald Trump’s senior aides and allies lashed out at Ukrainian leader Volodymyr Zelenskyy from Washington as he ...