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Tag: Breaking News: Politics

Treasury Department is set to lay off a ‘substantial’ number of...

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People take pictures of the U.S. Treasury Department building in Washington, D.C., on Feb. 6, 2025.Mandel Ngan | AFP | Getty ImagesThe Treasury...

British businesses pile on the pressure on U.K. Financial Minister Reeves...

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Rachel Reeves, UK chancellor of the exchequer, outside 11 Downing Street ahead of presenting her budget to parliament in London, UK, on Wednesday,...

Federal housing agency will not cut Fannie Mae and Freddie Mac...

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A sign for Freddie Mac is seen at their corporate headquarters campus on Oct. 9, 2024 in Tysons Corner, Virginia. Kevin Dietsch | Getty...

Consumer confidence in where the economy is headed hits 12-year low

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Shoppers walk near a Nordstrom store at the Westfield UTC shopping center on Jan. 31, 2025 in San Diego, California.Kevin Carter | Getty...

South Korea’s Hyundai announces $21 billion U.S. investment

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South Korean conglomerate Hyundai on Monday announced a roughly $21 billion investment in U.S. onshoring that includes a $5.8 billion steel plant in...

Tax revenue collected by the IRS set to plummet, report says

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Officials at the IRS and Treasury Department are anticipating tax revenue to drop more than 10% by April 15 compared with last year,...

Tariff fears are raising construction costs by up to 20%, says...

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Related Group CEO Jon Paul Pérez.Courtesy of Future Proof and Triangle BLVDBuilding contractors are already hiking prices as much as 20% to offset...

Accenture is DOGE’s first corporate casualty as shares dive on warning...

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Accenture signage is pictured in Warsaw, Poland, on Aug. 7, 2024.leksander Kalka | Nurphoto | Getty ImagesShares of Accenture slid Thursday after the...

Trump says the Fed should cut rates to ease the economy’s...

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U.S. President Donald Trump reacts as he meets NATO Secretary General Mark Rutte (not pictured), in the Oval Office at the White House...

Auto suppliers face more dire circumstances than automakers amid Trump tariffs

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US President Donald Trump arrives to speak about the United States - Mexico - Canada agreement, known as USMCA, during a visit to...