Even before Trump took office, legal observers were skeptical of his plans for an Elon Musk-led Department of Government Efficiency to unilaterally shrink the federal government.

Wendy Edelberg of Brookings says "political malpractice" might be a bigger risk to economic stability than the government's ...

Eliminating the penny is more than a practical cost-saving measure. It’s a test of our willingness to confront outdated ...

Thousands of people have tried to kill it, but every time it has survived. Why it matters: It now meets what might be its most formidable adversary yet, in the form of Elon Musk. Driving the news: A ...

Two decades ago, Raymond Lombra, a now-retired economist at Penn State University, warned of a "rounding tax" that could amount to at least $600 million a year if merchants were to routinely add a ...

Elon Musk's influence and outspoken nature have brought renewed attention to the debate over whether the penny still has a ...

In 1936 Bing Crosby entertained the nation by crooning "Pennies From Heaven," but in 2025 it seems that pennies are The Coin From Hell.

Elon Musk is bringing his 'hardcore' work ethic to DOGE as he's reportedly told allies he's been sleeping in their Washington ...

On The Express this week, we dissect the flurry of economic executive orders and announcements from the Trump administration and identify the new power brokers influencing markets and the future of A.

Sen. Elizabeth Warren (D-Mass.) is urging Elon Musk to stick with his original objective to cut $2 trillion in wasteful ...

Elon Musk’s Department of Government Efficiency (DOGE) won’t hurt the short-term prospects of two of the largest defense contractors in the United States during a dangerous geopolitical time ...

There are already some signals about which government expenses could be on the chopping block for Elon Musk's DOGE.