The CBO said the federal deficit hit $2 trillion in the first 11 months of FY2025, driven by higher Social Security and Medicare costs as well as interest expenses despite tariffs.

The U.S. Monthly Budget Statement revealed a deficit of $345 billion, significantly higher than the previous month’s deficit of $291 billion. This ...

WASHINGTON (AP) — The U.S. budget deficit in July climbed 20% this fiscal year compared to the last despite the U.S. taking in record income from President Donald Trump’s tariffs, according to ...

From September 2024 through August 2025, the federal government borrowed $1.9 trillion based on estimates from the ...

US deficits may not raise interest rates and how slowing GDP growth could favor dividend stocks. Click here for more market ...

At least 20 of the nation’s 25 largest cities face budget gaps in 2026. As cities lean on reserves and costs outpace revenues ...

Russia’s central bank is cutting its benchmark interest rate by one percentage point to 17%, a step that could support growth ...

The Mexican government is looking to trim its budget deficit next year compared to this year’s expenditures, according to its ...

Mexico expects its budget deficit to fall slightly in 2026 to 4.10%, as GDP growth is seen ticking up, the finance ministry ...

President Emmanuel Macron faces a difficult task ahead after his second Prime Minister was ousted in a matter of months.

Romania's broad coalition government survived four back-to-back no confidence votes on Sunday, allowing it to push through ...