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May 22, 2025
House GOP passes Trump tax bill despite deficit fears
House Republicans push through Trump’s tax bill after all-night session, despite CBO warning it could add $3.8 trillion to the federal deficit.
May 19, 2025
Stocks, bonds and the dollar drift after the latest downgrade to US government’s credit rating
NEW YORK (AP) — After recovering from an initial jolt, U.S. stocks, bonds and the value of the U.S. dollar drifted through a quiet Monday following the latest reminder that the U.S government may be hurtling toward an unsustainable mountain of debt. The S&P 500 edged up by 0.1% after Moody’s Ratings became the last of the […]
