Scott Bessent said passing new tax legislation is a huge economic concern for the country, including for working- and middle-class families.

Senators quizzed Trump's Interior secretary nominee, proposed EPA administrator and Treasury secretary nominee.

U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, ...

An outgoing Biden administration official overseeing nukes warned against a new arms race with Russia and China in her farewell address Thursday.

The West has frozen $300 billion of Moscow’s assets, but Europe has stood in the way of using them.

The Russian economy, driven by war expenditures and masking structural problems, is on the brink of stagnation. Although the ...

Russia spent almost a quarter of the national wealth fund’s available reserves last year to keep the economy on a war footing ...

Inflation in Russia accelerated in 2024, official statistics published Wednesday showed, as the costs of Moscow's full-scale ...

Anders Åslund thinks a weakening economy will soon become a serious constraint on Vladimir Putin’s war machine.

MOSCOW (Reuters) - Russian consumer prices grew by 9.52% last year compared to 7.42% in 2023, final statistical data showed ...

MOSCOW — It’s akin to Turkey at Thanksgiving: On New Year’s in Russia, revelers traditionally consume lashings of Olivier salad. It was introduced to the then-Russian Empire in 1860 by ...