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Robust growth in jobs has delighted the White House and helped the economy avoid a recession, but it has been accompanied by persistently high inflation.

Cecilia Rouse says lingering effects of the coronavirus pandemic continue to haunt the recovery from recession — and drag on Americans’ optimism for the economy.

The proposals, which would not require congressional approval, are a response to Silicon Valley Bank’s failure earlier this month, which sent shocks through the financial...

Jerome H. Powell has said that snarled supply chains, an oil shock following Russia’s invasion of Ukraine and shifts among American consumers are primarily behind...

The president is counting on the central bank to strike the right balance on jobs and inflation — and to prevent a spiraling financial crisis.

The president has met Republican demands for debt reduction with a plan to trim deficits by taxing companies and the rich.

Like the president’s previous budgets, his latest proposal made no mention of any tax or spending increases linked to the program, which he had promised...

The president proposed trillions of dollars in new spending that has no chance of passing a Republican House, even as he sought to reduce deficits...

The president’s plans have little in common with the budget Republicans are set to release this spring, as the nation hurtles toward a possible default...

The president’s proposals, included in the budget he will release on Thursday, are expected to heavily feature tax increases on corporations and high earners.