The recent increase in average tax refunds falls short of the $1,000 average refund promised by President Donald Trump.

The flow of oil and other goods through the Strait of Hormuz has been reduced to a trickle due to the war in the Middle East.

The IMF warns that a prolonged conflict in Iran could push the global economy close to a recession.

President Donald Trump signed the "One Big Beautiful Bill Act" into law in the past year.

President Trump announced that Israel and Lebanon have agreed to a 10-day ceasefire.

The International Monetary Fund revised its global GDP growth forecast for the current year down to 3.1% from its previous forecast of 3.3% in January.

IMF Managing Director Kristalina Georgieva warned that the global economy must brace for tough times if the Middle East conflict persists and oil prices remain high.

The U.S. federal government is currently in a partial shutdown.

Senator Tom Tillis's hold on a nomination was a protest against actions by the Department of Justice and Federal Reserve Chair Jerome Powell.

Senator Tom Tillis of North Carolina has dropped his opposition to the nomination of Kevin Warsh.

The state of Florida is considered likely to pursue gerrymandering of its electoral districts.