The richer you are, the more significant the benefits. Those in the top 10% of the 5th quintile have a positive net effect of ...

The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and ...

Conventional wisdom holds that ever-increasing debt relative to gross domestic product is unsustainable, though another line of argument holds that fears about the hole the US is in are overblown.

Republicans and Democrats have been arguing for months about the pros and cons of President Donald Trump’s One Big Beautiful ...

When he was France’s finance minister in the 1960s, former French president Valéry Giscard d’Estaing famously complained about the “exorbitant privilege” that the dollar’s position as the world’s ...

US president Donald Trump signed his so-called ‘Big Beautiful Bill’ into law on 4 July, after the tax and spending package passed a final vote in the House of Representatives. The act extends tax cuts ...

Explore why US debt concerns may be exaggerated, how historical trends compare, and tips to hedge against risks to the dollar ...

The result of the U-turns and spending cuts has been public debt soaring to its highest level since the 1960s, with the OBR forecasting further increases in the medium term. With economic growth ...

Following Monday's volatile action, Gold continues to build on recent losses and now challenges the $3,300 region per troy ...

Chancellor Rachel Reeves has been warned that her economic roadmap may need to be “ripped up” as a global market shock ...

As ageing electorates reshape fiscal priorities worldwide, India must act now to avoid the political and economic gridlock ...

The UK faces a £10bn blow to the public finances each year from Donald Trump’s tariff regime, according to the official ...