Obama’s efforts to spur recovery from the Great Recession through his $832 billion stimulus package and $858 billion in tax cuts contributed to the rise of national debt during his presidency.

In a significant move, the IRS is distributing $2.4 billion to taxpayers who missed out on their COVID-19 stimulus payments.

Obama marks his first 100-days in office with a press conference Wednesday at 8 p.m. ET ...

It all began around 10 years ago during the Obama administration, with the former president, famous for bringing progressive ...

Around 40% of Mr Obama's stimulus package will consist of tax breaks, including rebates for people earning less than 200,000 USD a year, as well as tax credits for companies taking on additional ...

Former first lady Michelle Obama is not attending Donald Trump's inauguration, but former President Barack Obama is there for the swearing-in ceremony along with the nation's other former presidents.

A strong labor market isn’t enough to win elections. That reality could shape how the government responds to the next economic downturn.

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formally hitting its official growth target in a difficult year that saw officials respond to a sharp summertime deterioration in key indicators with its most aggressive stimulus in years.

China’s economy expanded 5% in 2024, meeting the official target of “around 5%” growth after stimulus measures introduced late last year appear to be working. The National Bureau of ...

Music legend Kid Rock took a jab at former first lady Michelle Obama for not planning to attend President-elect Donald Trump's inauguration, saying she "seems a little angry." Kid Rock ...

China’s stimulus blitz came too late and was too small to have a major impact on full-year corporate profits, according to analysts, setting investors up for a disappointing earnings season.