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China on Wednesday announced it would raise its defense spending by 7.2% this year, seeking to safeguard its security amid mounting geopolitical tensions.

China on Wednesday announced plans to raise its fiscal deficit to around 4% of gross domestic product, a rare increase that marks a meaningful shift in policy.

China on Wednesday set its GDP growth target for 2025 at "around 5%" as it starts its annual parliamentary meeting amid escalating trade tensions with the U.S.

Tariffs on the two largest trading partners of the United States are expected to have far-reaching impacts that may be hard to predict.

Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by his predecessor, Rohit Chopra.

President Donald Trump's 25% tariffs on Canadian and Mexican imports took effect Tuesday. But actually collecting them is proving complicated.

China "firmly rejects" additional U.S. tariffs on Chinese goods and will take countermeasures, the Ministry of Commerce said in a statement Tuesday.

The risks for higher inflation are on the rise, St. Louis Federal Reserve President Alberto Musalem said Monday.

Democrats and Republicans are making competing claims about how extending tax cuts from Trump's first term would benefit the rich and poor.

"Tariffs are actually, we've had a lot of experience with them. They're an act of war, to some degree," Buffett said.

Citigroup mistakenly credit a customer's account with $81 trillion last year when it meant to send just $280.

Employees testified that CFPB leaders and Elon Musk's DOGE want to wind down the agency to five employees, the minimum required under law.