President Donald Trump's tariffs have led to record customs duties that helped the U.S. government post an unexpected budget surplus in June. According to Wells Fargo, continued tariff collections ...

THE NATIONAL Government’s (NG) gross borrowing rose 78.16% year-on-year in June, with both foreign and domestic debt expanding, the Bureau of the Treasury (BTr) said. The BTr reported gross borrowing ...

Republican lawmakers in Congress are forging ahead with President Donald Trump’s plan to end the production of pennies.

Currently, only the first $176,100 of a worker's annual income is subject to the 6.2 percent Social Security payroll tax, which is matched by employers to make a total contribution of 12.4 percent.

Seoul is racing to finalize a tariff deal with Washington before the Aug. 1 deadline, as Finance Minister Koo Yun-cheol ...

Next week, the Treasury will issue a forecast of how many billions it expects to borrow in the current quarter, then give ...

For the third time in as many months, US and Chinese officials will meet in Europe for trade talks — and this time, Beijing is arriving at the negotiating table more emboldened than ever.

Unlike the Pentagon and a new weapons system that has blown through its budget, the Fed and its operations are funded ...

Analysts at Bank of America said that the Japan deal "looks like a reasonable blueprint" for other auto-exporting countries ...

The INSURE Act proposes a federal backstop for home insurance. Could it stabilize rates, prevent insurer exits, and keep ...

The chief architects of the United States Constitution certainly did not have these measures in mind. James Madison, familiarly called the “Father of the Constitution,” was most responsible for the ...

The novel option for a 'gift to reduce the Public Debt' was added to the US Department of the Treasury website a few months ...