US Finances Deficit Narrowed in Might as Pandemic Spending Eased

WASHINGTON—The federal funds ran a $66 billion deficit throughout Might, a 50% decline from a 12…

IRS Raises Mileage Charges as Fuel Costs Improve

The IRS’s midyear adjustment was the company’s first since 2011. Picture: caroline brehman/Shutterstock Up to date…

Inventory Futures Waver as Traders Mull ‘Stagflation’ Dangers

US inventory futures edged decrease, placing indexes on target to increase a stretch of uneven buying…

Janet Yellen Faces Lawmakers as Biden Officers Grapple With Inflation

WASHINGTON—Treasury Secretary Janet Yellen will face lawmakers this week as she and the Biden administration face…

Yellen Says She By no means Urged Smaller Rescue Bundle Over Inflation Considerations

WASHINGTON—Treasury Secretary Janet Yellen denied that she tried to lower the scale of the $1.9 trillion…