Congressional Budget Office Director Phillip Swagel said the current projections are based on the 2017 tax cuts ending. That means the numbers could get worse.
Hackers who breached AT&T's systems may have handed criminals a roadmap to FBI informants, stealing call logs that could unravel investigations and jeopardize lives, according to alarming new details revealed Thursday.
President Joe Biden on Friday commuted the sentences of nearly 2,500 people convicted of non-violent drug offenses in what the White House called the largest single-day act of clemency in US history.
Donald Trump confirmed that his inauguration as US president on Monday will move indoors due to expected freezing weather, undercutting the Republican's hopes for a grandiose spectacle to kick off his second term.
Global growth is expected to increase slightly this year while remaining stuck below its pre-pandemic average, the IMF said Friday, flagging the growing economic divide between the United States and European countries.
Consumers pinching pennies, businesses seeing fewer customers, and a pervading sense that the economy just isn't bouncing back -- the mood was grim in Beijing as China posted some of its lowest growth in decades.
A suspension for Elon Musk-owned social network X in the European Union could be more difficult than some politicians have suggested and at worst only temporary, experts told AFP.
Former European Commissioner Thierry Breton brought suspending X into play last week, suggesting in a TV interview that it would be "possible" to suspend the platform across the 27-nation bloc.
Asian markets were mixed Friday as data showing China's economy grew slightly quicker than expected last year failed to inspire investors, with Beijing battling to revive consumption and boost the battered property sector.
British Prime Minister Keir Starmer arrived in Kyiv on Thursday on an unannounced visit to sign a "100-year accord" and shore up support for Ukraine before Donald Trump's return to the White House.
Inflation in Russia accelerated in 2024, official statistics published Wednesday showed, as the costs of Moscow's full-scale offensive on Ukraine weigh on the domestic economy.
DORA framework comes into effect today even as concerns linger around companies who feel unprepared for the requirements, but is the European Union's latest framework actually an innovation blocker or a trust and accountability builder?
The O-1 visa offers a simpler pathway for skilled individuals wanting to work in the U.S. Compared to the EB1A, which requires extensive proof of global recognition, the O-1 has fewer barriers to proving extraordinary talent.
From U.S. jobs numbers that could give the Fed pause for thought, to signs the AI bandwagon is picking up speed, these are the big stories to watch out for in business and finance in the coming days. Rachel Faber has the details.
US Economic Uncertainty Means Bigger 'Black Friday' Discounts
Dublin Riot Highlights 'Far-Right' Agitation Over Ireland Immigration
Taiwan Strait: Chinese Ship 'Cuts Off US Destroyer'
Dashcam Video Captures Missile Falling Near Kyiv Car
Fidias Panayiotou, a Cypriot YouTuber-turned-lawmaker who snatched his 15 minutes of fame by hugging Elon Musk, is doubtless the tech titan's biggest fan in the European Parliament -- but far from the only one.
French Prime Minister Francois Bayrou on Thursday survived his first vote of no confidence in parliament after the motion, brought by the leftist opposition, failed to gain traction on the far right.
Jilted on dating apps but undeterred in the quest for romance, 20 young singles gathered in Madrid to share activities and flirtatious smiles in a rediscovery of real-life love.