The American tax system is progressive, with the top 1 percent of Americans paying more than 30 percent of the taxes the federal government collects every year, according to Treasury Department data.

Former Federal Reserve Governor Kevin Warsh said the U.S. economy could grow tremendously, but "bad" policies from the ...

White House economic adviser Kevin Hassett is emerging as a serious contender to be the next chair of the US Federal Reserve, ...

Speaking at a Cabinet meeting, Trump strongly criticised Powell, calling him unfit for the role. He said that if Powell gave ...

Gold held a decline after President Donald Trump said the new August deadline for the start of so-called “reciprocal” tariffs ...

President Trump has publicly threatened Federal Reserve Chair Jerome Powell multiple times over the Fed’s approach to interest rates. Earlier this month, Trump called Powell a “FOOL, who doesn ...

WASHINGTON (AP) — The Supreme Court on Tuesday blocked an order for the Trump administration to return to work thousands of federal employees who were let go in mass firings aimed at ...

WASHINGTON — The Supreme Court on Thursday granted a Trump administration request that allows the president to fire members of independent federal agencies while suggesting that its legal ...

NEW YORK] First, it was Warren Buffett. Now, another key Bank of America (BOA) investor that stood by it since the worst days of the 2008 financial crisis is chopping down its stake. Read more at The ...