Lawmakers have suspended the debt ceiling -- a limit on government borrowing to pay for bills already incurred -- until January 1 next year.
The US Commerce Department has finalised a $7.86 billion government subsidy for Intel, down from an earlier $8.5 billion figure announced in March, as per a recent report by Reuters.
The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon, the people told the Times.
Earlier this month on Fox News, Bessent defended the potential use of tariffs as a means to raise revenue for the government
The US government has recently announced an investment of approximately $825 million to establish a new semiconductor research and development (R&D) facility at the Albany NanoTech Complex in New York.
If the US has been letting Israel subvert its policies for decades, what has changed since October 7, 2023 that will allow it now to stand up to Israel’s bullying?
The infrastructure of Gaza lies in ruins, leaving civilians to scramble for safety among the debris of their previous lives.
I heard that the US government was about to shut down because it was running out of money. How is that possible?
The US government has recovered more than 300 documents with classified markings from former President Donald Trump's Florida estate, including material from the CIA, the National Security Agency and the FBI, the New York Times reported on Monday, citing multiple people briefed on the matter.
Congress put the US government back in business by voting to end a three-day shutdown, as President Donald Trump claimed victory in his standoff with Democrats in Washington.
The US government says it has negotiated a significant cut in the United Nations budget. The US Mission to the United Nations says that the UN’s 2018-2019 budget would be slashed by over $285 million. The mission says reductions would also be made to the UN’s management and support functions.
Conservation groups sues the US government over a plan to allow hunters to bring home elephant and lion trophies from Zimbabwe, following changing statements about the possible move by President Donald Trump's administration.
Two tourist agencies that operate tours to North Korea say the US government will soon ban its citizens from traveling to the North.
Foreign diplomats are expressing alarm to US government officials about what they say are inflammatory and insulting public statements by Republican presidential front-runner Donald Trump, according to senior US officials.
The US government has refused to let Intel help China update the world's biggest supercomputer due to concerns about its nuclear research.