The US government’s budget deficit hit its highest since the Covid pandemic years in 2024, propelled by increased debt ...

In one of the biggest economic stories of the year that nobody seems to care about, the Biden administration ran the ...

The U.S. Treasury Department today released the final Monthly Treasury Statement for Fiscal Year (FY) 2024, confirming the budget deficit totaled $1.8 trillion. The following is a statement from Maya ...

New estimates from the Congressional Budget Office show continuing fiscal strain, despite steady economic growth.

The federal budget deficit swelled to $1.8 trillion in the fiscal year that ended in September, an enormous sum that ...

The U.S. annual deficit is nearing $2 trillion for this fiscal year, almost double the record deficits before the COVID-19 ...

The growth of private markets could mitigate the economic impact of wide U.S. deficits and high government debt levels, said ...

New Zealand posted its smallest annual trade deficit in more than two years as a weak economy curbed demand for imports.

One of the reasons former President Donald Trump started a trade war with China was to reduce the U.S. trade deficit with the ...

A relatively quiet start to the week for world markets leaves Wall Street pondering the sustainability of the recent record ...

That might make sense on some level if they were also calling for federal action that will decrease the annual deficit. But both are doing very much the opposite, and higher deficits mean the ...

New Zealand’s annual budget deficit widened more than forecast as high inflation increased the cost of government services ...