President Trump unveiled a $4.8 trillion budget proposal for the 2021 fiscal year on Monday. His plan includes cuts to Medicaid and other social safety net programs, as well as an increase in funding for the Department of Homeland Security.
In his State of the Union, President Trump emphasized U.S. economic growth, arguing that his administration’s policies are driving it. Friday’s jobs report, which was stronger than many analysts had predicted, is partly in line with those assertions. But the…
By Josh Boak, Associated Press
The stock market’s persistent fall, growing chaos in the Trump administration, higher interest rates, a U.S.-China trade war and a global slowdown have combined to elevate the perils for the economy.
A banner economic report on Friday showed the strongest quarterly growth in the U.S. since 2014. The U.S. gross domestic product grew by 4.1 percent in the second quarter this year, according to the Commerce Department's initial estimate. Amna Nawaz…
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