President Donald Trump says "there's a real chance" tariff revenue can replace the income tax. Here's what economists say on the subject.

Seldom has the market been so trigger-sensitive to comments from U.S. administration officials, particularly when one interpretation can be qualified or counteracted in the space of minutes. So, well ...

President Trump sought to find his way out of a maze of his own making on Wednesday, offering opaque comments as to what he ...

Some Democrats fear they’re playing into Trump’s hands by fighting his mass deportations rather than focusing on his failures ...

Elon Musk reportedly “squared up” to US Treasury Secretary Scott Bessent amid a “WWE-style shouting match” over who should ...

Earlier in April, it was reported that Donald Trump said he was open to a tax increase for high earners during a meeting with ...

Confronted with fresh warnings from financial markets, business leaders and top advisers, President Donald Trump this week ...

American billionaire Elon Musk and US Treasury Secretary Scott Bessent exchanged heated words and clashed over a significant ...

A heated confrontation erupted at the White House between Elon Musk and Treasury Secretary Scott Bessent over IRS reform, ...

Elon Musk says he will step back from his controversial White House role as the unofficial head of the cost-cutting ...

Musk and Treasure Secretary Scott Bessent got into the heated argument within earshot of Trump. “It was two billionaire, middle-aged men thinking it was WWE in the hall of the West Wing,” a witness to ...