Non-defense spending roughly flat in the 2024 fiscal year, full funding for veterans as per Biden's proposed budget plan, changes to food stamp program

After extensive talks, president and House speaker reach compromise deal that may face opposition from both sides over concessions, as sides race to meet June 5 deadline

US president’s optimism comes despite work requirements for federal food aid recipients emerging as point of contention; Yellen warns of catastrophic consequences of failure to act

JPMorgan Chase acquires bank's assets, set to reopen branches under its name, after bank failed to recover from $100 billion loss in year's first quarter

As markets reopen, president says country's financial systems are sound, taxpayers won't bear the brunt after stunning breakdown of Silicon Valley Bank and Signature Bank

Firings come day after Microsoft says it will reduce staff in coming months, similar decisions by other prominent firms, as sector faces economic downturn

Close to half of Democrats — 44% — are optimistic about the future, up from 27% in July; just 9% of Republicans are optimistic about nation’s direction

Thursday vote kicks off critical days for Biden administration, with his party divided between centrists and leftists, GOP opposing any measures that enable massive spending bills

Following successful lobbying, US Senate Majority Leader Chuck Schumer includes aid in $1.9 trillion pandemic rescue package

Analysts say approval of massive US stimulus package is helping fuel record rise in the cryptocurrency's value