deficit

'We need to deal with the debt and the deficits,' Goldman Sachs CEO David Solomon said.

'We need to do something about our national debt or the dollar will be worth nothing,' Mr. Musk ...

The Parliamentary Budget Officer (PBO) is forecasting a growth in the deficit and inflation to fall to 2 ...

California’s governor unveils his plan to resolve the state’s budget deficit, previously estimated at $68 billion by legislative ...

Commentary According to the economist Thomas Sowell, “The first lesson in economics is scarcity. There isn’t enough to ...

Citadel hedge fund founder Ken Griffin has warned that higher baseline inflation could last "for decades" and urged ...

A call for worldwide Jihad on Friday the 13th by the leader of Hamas triggered a risk-off atmosphere.

As Canada’s economy cools and interest rates remain elevated, Ottawa’s finances are looking increasingly precarious. 

Canadians at every level of society will be facing financial challenges and making sacrifices, says David Dodge, former ...

The Liberal government clarified that what was initially reported as a $15 billion cut to its spending plans ...

Cabinet ministers in the Liberal government have been told to come up with $15 billion in spending cuts ...

The COVID-19 pandemic strained public finances and exacerbated gaps in governments’ accountability to voters—factors likely to result in long-term ...

The U.S. federal deficit surged 156 percent in the year through June as expenditures jumped while revenues continued ...

WASHINGTON—The U.S. trade deficit in goods narrowed in May as imports fell, but the improvement was probably insufficient ...

The U.S. trade deficit rose in April to widen to a six-month high, potentially affecting second-quarter GDP growth. ...

The UK's public sector net borrowing rose to £25.6 billion last month, the second-highest April borrowing on record. It's ...

President Joe Biden revealed the third budget of his presidency, proposing to spend $6.8 trillion and raise taxes ...

President Joe Biden touted his record on the economy in a Feb. 15 speech at a union hall ...

Evan Fournier, pressed into duty with RJ Barrett scratched due to illness just before the opening tip, scored ...

TOKYO—Japan recorded a record high trade deficit for 2022 of 19.97 trillion yen ($156 billion) as energy imports ...

WASHINGTON—The November U.S. budget deficit jumped by $57 billion or 30 percent from a year earlier to $249 ...

Commentary Just like that, California’s record $100 billion surplus has vanished into the Pacific Ocean fog, replaced by ...

The Treasury Department said Friday that the monthly federal deficit in September was over 500 percent higher than ...

Former Treasury Secretary Larry Summers said in a recent Bloomberg interview that fiscal debates need to be put ...

The Biden administration on Friday released its budgetary data for the last month of fiscal year 2022 which ...

The fiscal deficit of local governments has become a norm in China. During widespread pay cuts of public ...

The U.S. trade deficit narrowed in July as exports hit a record high, a trend that could see ...