News

U.S. budget balance unexpectedly flips to surplus

The US government saw its budget deficit widen from the prior year in the October to June period as spending rose. On the ...
Chicago Public Schools is hosting five community listening sessions over the next week, giving parents a chance to weigh in on the district’s budget as it faces a $730 million deficit.
The data shows that tariff revenues are starting to build into a significant revenue contributor ahead of an August 1 ...
The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...
The US federal budget deficit grew between October and June compared to the same period last year, despite the increase in tariff revenues, according ...
Steve Eisman isn't worried about the US debt, and says people talking about it are probably trying to replicate his own ...
The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and ...
French president criticised America’s 'disengagement' from global security and expressed disappointment over Trump’s foreign ...
Berlin is relaxing its austerity rule for good reasons—such as security and long-term growth—while Washington appears to have abandoned all fiscal responsibility with Trump’s One Big Beautiful Bill.
One of the investors who called and profited off the subprime mortgage collapse of 2008, Steve Eisman, is brushing off ...
Can tariff revenue balance the federal budget and banish the national debt? That’s the latest claim by the Trump Administration, as it trumpets a Friday Treasury report showing that the government ...
The government fiscal year closes at the end of September, but this analysis will look at the calendar year budget.