U.S. October budget deficit jumps to $257 billion, handing hole to Trump
The U.S. budget deficit jumped nearly four-fold to $257 billion in October, a figure inflated by one-off factors, the ...
U.S. Posts Biggest October Deficit Since Pandemic as Trump Heads to Washington
The U.S. deficit spiked to start the new fiscal year, casting a shadow over the budget outlook as Washington braces for a ...
Why a strengthening US dollar could spark instability in global markets in Trump's 2nd term
Markets have already picked up on the likelihood of a stronger US currency under Trump's presidency. The US Dollar Index, ...
Türkiye’s central government budget records deficit of USD5.45 billion last month
Türkiye’s central government budget recorded a deficit of 186.3 billion liras (USD5.45 billion) in October, according to the ...
Mises Institute3d
We’re Already on Track for a $2 Trillion Deficit this Year
The Treasury Department posted its latest revenue and spending totals this week, and deficits continue to mount at impressive ...
Trump is backing tariffs in the fight against America’s trade deficit
Economists have typically looked askance at tariffs as a tool of economic policy. Their prevailing assumption is that free ...
Biden Administration Kicks Off Fiscal 2025 With Yet Another Big Budget Deficit
The federal government ran a $257.45 billion budget shortfall to start the new fiscal year, with revenue down and spending up ...
Northwest Arkansas Democrat Gazette3d
US deficit starts new fiscal year 286.8% higher
WASHINGTON -- The United States began the new fiscal year with a $257 billion budget deficit, a drastic increase from the prior year's start. The Treasury Department reported Wednesday the federal ...
Kelly Evans: The math behind the deficit
I am tickled that so many people enjoyed the math behind higher interest rates. So let’s press on, shall we? Why not tackle ...
International Business Times4d
US October Budget Deficit Swells 287% To $257 Billion
The U.S. budget deficit exponentially increased and reached around $257 billion in October, primarily due to one-off factors. According to a report by the Treasury Department released on Wednesday ...