One of the reasons former President Donald Trump started a trade war with China was to reduce the U.S. trade deficit with the ...

The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on ...

The Treasury Department announced that the federal budget deficit rose to $1.8 trillion for fiscal 2024, which ended in ...

Take a deeper look at the nature of a country’s current account balance, and see why trade deficits are neither good nor bad ...

This year marks the third-highest US deficit behind 2021 and 2020, according to the Treasury. In the 2020 budget year, the ...

"We expect the federal government to run large fiscal deficits that average around 7% of GDP per year over the next five ...

Lando Norris was left aggrieved after being penalised for an overtake on title rival Max Verstappen during the United States Grand Prix; Formula 1 heads to the Autodromo Hermanos Rodriguez for the ...

The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on greater spending, including for interest on the public debt.

Now the painfully high financial costs are raising concerns about the long-term effect of the fighting on the country’s ...

The United States has run an annual budget deficit for the 23rd straight year -- a period that runs through both Democratic and Republican-led governments, and that offers a perennial worry to ...