The “One Big Beautiful Bill Act” would cut food and health care programs by $1 trillion to help pay for nearly $5 trillion in ...

The credit rating of the United States received a potentially costly downgrade Friday, as the ratings firm Moody's determined that the government's fiscal outlook had deteriorated as a result of ...

While the markets may not like any rating downgrade, Wall Street is unlikely to register any deep cuts. However, it’s not an ...

Gov. Gavin Newsom said Wednesday morning that California is facing a shortfall of $12 billion for the upcoming budget year.