Elon Musk has publicly criticized President Trump's sweeping domestic policy bill, labeling it a 'disgusting abomination.' His remarks come as GOP senators work on a multi-trillion-dollar package amid concerns over its cost. Will Musk's influence sway Republican lawmakers?
In a fiery critique, Elon Musk condemns Trump's multi-trillion dollar tax and spending bill, labeling it a 'disgusting abomination' and warning of its impact on the budget deficit and American citizens.
Stock futures remain flat as Wall Street grapples with a significant sell-off driven by fears of a growing budget deficit. Key negotiations over tax and spending could further impact the market, while Treasury yields continue to rise.
President Trump is pushing for tax exemptions on tips and overtime pay to win over working-class voters. Congress is moving closer to making this a reality, despite concerns over the budget and labor market implications.
As President Trump negotiates a controversial tax and spending bill with House Republicans, tensions rise within the party. The proposed legislation faces opposition from both budget hawks and tax-cut proponents, raising questions about its future.
After the US lost its last perfect credit rating, lawmakers are at odds over how to address the fiscal crisis. With a proposed bill potentially adding trillions to the deficit, investors are on high alert. Will Congress come together to avert further downgrades?
Stock futures fell sharply after Moody's downgraded the U.S. credit rating, raising concerns over the economy and potential impacts on bond prices. Investors are on high alert as speeches from Fed officials loom.
As financial markets reopen, investors are on edge following Moody's decision to downgrade the US credit rating. This move raises alarms about the nation's ballooning budget deficit and its implications for the economy.
As House Republicans advance a massive bill for Trump's agenda, Senate Republicans express strong concerns and push for significant revisions, including Medicaid and clean energy provisions.
As President Trump visits Saudi Arabia, he unveils a staggering $1 trillion investment wish list. But with the kingdom facing a budget deficit and economic challenges, can these figures be realized?
