Budget Battles
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Supreme Court Slaps Down Challenge to Consumer Watchdog
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Inflation Eases in April, Lifting Hopes for a Soft Landing
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Biden Jacks Up Tariffs on $18 Billion in Chinese Imports
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Trump Promises New Tax Cuts for Everyone
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Biden White House Lays Out Plan for Coming Tax Showdown
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Trump Tax Cut Extension Would Cost $4.6 Trillion: CBO
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House Kills Greene Motion to Oust Speaker Johnson
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Brexit Starts Now: Here’s How Great Britain Will Leave the European Union
By Gemma Acton, CNBCThe formal two-year process governing Britain's departure from the European Union (EU) began when Article 50 of the Treaty of Lisbon, which became law in 2009, was triggered on Wednesday. Here, CNBC...
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On Day One, Trump Faces Two Huge Foreign Policy Challenges
Barack Obama isn’t handing Donald Trump any portfolio of foreign-policy successes as he passes the baton the next president. Trump is about to step into a world that his peace-prize-winning...
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5 Foreign Policy Challenges President-Elect Trump Faces Before He Unpacks
Foreigners always watch U.S. elections, but rarely with the edge-of-the-seat suspense evident as the votes were tallied Tuesday. With Donald Trump’s dramatic victory, they’re as much in the dark as...
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Britain’s Tarnished Sterling: A Global Warning for Theresa May on Brexit
At 7:07 last Friday in Hong Kong, the British pound suddenly plummeted: In the next two minutes it fell 6.1 percent, to $1.18, its lowest level since 1985. In the next half hour, it regained most of...
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Everyone's Ignoring This Huge Threat to the Global Economy
By Desmond LachmanA striking feature of a US election campaign focused on the supposed ills of globalization is how little attention is being drawn to Germany’s extraordinarily large external current account surplus...
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Why You Should Book a Trip to London Right Now
There’s no shortage of economic uncertainty following the decision by a slim majority of British voters last month to leave the European Union. The decision is a short-term boon to anyone who wants...
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Theresa May: 8 Things You Should Know About the UK’s New Prime Minister
By The Fiscal Times StaffTheresa May became Britain’s second female prime minister Wednesday, three weeks after the U.K. voted to leave the European Union. The 59-year-old becomes the 13 th prime minister to lead the U.K...
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Theresa May’s Biggest Challenge: Her Party’s Division on Brexit
By CJ Arlotta, The Fiscal TimesIn her first speech as Britain’s new prime minister, Theresa May spoke to her country’s working-class families and pledged to build a “better Britain” for them. “As we leave the European Union, we...
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David Cameron's Great Blunder
By Hilton L. RootFirst Britain, now Italy, what’s next? The Brexit has triggered the EU’s worst political crisis. And to make matters worse Britain’s Prime Minister David Camron steps down on Wednesday, having bet...
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Under Theresa May, the UK Will Still Be Heading Toward Brexit
By CJ Arlotta, The Fiscal TimesWith Conservative leadership candidate Andrea Leadsom bowing out of the race for prime minister, the United Kingdom’s departure from the European Union may become reality. Home Secretary Theresa May...
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3 Ways the Brexit Affects You
After years of debate and speculation, last night’s vote confirmed that Brexit is actually happening and the United Kingdom is going to withdrawal from the European Union. The actual process of...
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Will the Brexit Vote Be the Boost Stocks Need?
The relative quiet in the market right now is all about the Brexit. Investors and traders are closely watching the vote on June 23. For now, the latest polls are pretty evenly split between the “...
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Why Oil Traders Are Rooting Against a Brexit
By Charles Kennedy, Oilprice.comBritish voters are set to vote this week on whether to stay within the European Union or to break up and go it alone. Although the vote and the campaign largely focuses on highly controversial issues...