News

China Ran Record Budget Deficit With Spending Blitz Amid Tariffs
China’s fiscal stimulus pushed its four-month budget deficit to a record high, as the government ramped up support for the ...
GOP bill could add trillions to the U.S. deficit, some experts say. Here's what to know.
Republican tax bill could cost $3.8 trillion over 10 years as its tax cuts surpass spending reductions, according to one ...
Anadolu Agency4h
US’ mounting debt burden fuels national economic concerns
National debt over $36T poses great long-term risks to growth, employment, investments, while rising interest payments ...
US budget surplus surges to $258 billion in April, year-to-date deficit tops $1 trillion
The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, ...
Treasury Secretary Bessent dismisses Moody's US credit downgrade as 'lagging indicator'
Treasury Secretary Scott Bessent downplayed the U.S. credit downgrade as a "lagging indicator" of economic and fiscal ...
The $3,200 question: Moody’s sounds alarm on US debt; gold listens – what’s next for the metal?
Gold prices edged higher on Monday, finding support from escalating concerns over the US economic outlook and its burgeoning ...
US budget surplus rises 23% to $258 billion in April, customs revenue surges
The U.S. government posted a $258 billion budget surplus for April, up 23% from a year earlier, reflecting strong tax ...
The Stark Math on the GOP Tax Plan: It Doesn’t Cut the Deficit
House Republicans advanced the bill late Sunday, but budget analysts across the political spectrum warn that the proposal ...