Business  |  Recession

The so called Big Beautiful Bill has passed after a long fight in congress. Critics point out that this will lead to millions off of government programs and Trillions being added to the deficit.

Moody’s Downgrades U.S. Credit Outlook Amid Rising Debt, Political Dysfunction, and Fiscal Uncertainty

Conservatives have blocked President Donald Trump’s big tax breaks and spending cuts bill

Federal Reserve Chairman Jerome Powell defended the central bank’s decision to keep interest rates unchanged, despite growing calls to lower them. Powell also appeared critical of the administration’s planned tariffs, cautioning that such trade measures could negatively impact the broader economy by increasing inflation and disrupting growth

The U.S. trade deficit soared to a monthly record of $140.5 billion in March, signaling a rush for imports from businesses and consumers alike ahead of President Donald Trump’s latest — and most sweeping — tariffs taking effect

A reversal of jobless claims decline in week ending Apr 17 could be crucial to Fed Reserve decisions