Warren Buffett predicts higher taxes due to rising deficit
Warren Buffett said at Berkshire Hathaway's annual meeting he thinks the federal government will look to increase taxes to address widening budget deficits rather than cut spending.
Why gold ETFs are an alternative to bonds as inflation lingers
Getting into gold can be done through ETFs, including one that tracks the physical yellow metal and another that invests in gold mining companies.
IMF sounds alarm on ballooning US national debt: 'Something will have to give'
The International Monetary Fund sounded an alarm over huge levels of government spending in the U.S., which it said poses a "risk" to the global economy.
Government hiring spree propping up the US job market
State and local governments are on a hiring spree to fill high-turnover positions, which is keeping the job market afloat, Labor Department data shows.
Stuart Varney: Liz Truss warned Trump the deep state is waiting
FOX Business' Stuart Varney discussed a Wall Street Journal op-ed by former British PM Liz Truss warning Trump about the deep state if he's re-elected.
Biden must stop inflation denial and quit doing dumb things
Denial is almost a Biden policy when it comes to inflation. And inflation has been in the danger zone for 36 straight months and went up again in March. It's time to address it.
US national debt interest exceeds defense spending: CBO
Federal spending on servicing the national debt has eclipsed military spending in fiscal year 2024, according to a new report from the Congressional Budget Office.
Varney: Victor Davis Hanson is right about Biden's 'destructive' agenda
FOX Business' Stuart Varney discussed Victor Davis Hanson's Fox News opinion piece on Biden's destructive agenda and its impact on the United States.
Hedge fund billionaire says US debt 'is a growing concern that cannot be overlooked'
Citadel founder and CEO Ken Griffin said the rapid growth of the U.S. national debt is a "growing concern that cannot be overlooked" in his annual letter to investors.
Pride flags banned at US embassies as a result of $1.2 trillion spending package
President Biden accepted language in the $1.2 trillion spending package that bans the flying of pride flags at U.S. embassies, and the White House is looking to repeal.
Danger ahead: CBO says debt will consume 166% of GDP in 30 years
The CBO released a report showing that the national debt will rise to unprecedented levels over the next three decades despite recent deficit reduction efforts.
Congress announces government funding deal, readies to end monthslong government shutdown battle
Congressional leaders have reached an agreement with the White House on funding the federal government after critical last-minute delays.
Times Square billboard warns about 'ticking time bomb' of $34 trillion national debt
A billboard campaign in New York City’s Times Square is drawing awareness to what a nonprofit is describing as a “ticking time bomb" of U.S. national debt.
NYC taxpayers fleeced for millions on rushed, overpriced no-bid contracts for migrant services, audit finds
New York City Mayor Eric Adams' administration has cost taxpayers millions with no-bid contracts to vendors for migrant services at exorbitant rates, an audit has found.
Monetary, fiscal policy divide pose risks: NABE
The divide between monetary and fiscal policy is starting to worry the nation's top economists even as the U.S. economy shows signs of stabilizing against inflation.
Soaring deficits to push publicly held debt to record level in 4 years
The national debt is projected to eclipse a record set in 1946 in four years after surpassing the size of the U.S. economy according to the CBO's latest projection.
CBO report says US deficit to skyrocket in next decade
The Congressional Budget Office released its budget and economic outlook for the next 10 years and projects deficits rising from $1.6 trillion this year to over $2.6 trillion in 2034.
How telework is rescuing the government workforce
A just-released report clearly demonstrates that forcing government employees to return to the office will dangerously undermine government performance.
Federal deficit blew up $89B more in 1st quarter 2024 than last year
The federal budget deficit widened by $89 billion in the first three months of FY24 compared to the same period last year, with rising interest costs outpacing higher tax revenue.
Stuart Varney: Democrats want your accumulated wealth
FOX Business' Stuart Varney criticized tax plans by Senators Elizabeth Warren and Bernie Sanders to tax the accumulated savings of hardworking Americans.