Last year, the federal budget deficit was $1.8 trillion. It was not long ago when $200 billion deficits were considered unacceptable. In fact, in 1990, former President George H. W. Bush broke his ...

The federal government is projected to run a budget deficit of at least $2 trillion this fiscal year, according to an estimate by the Treasury Department and bond market participants. Earlier this ...

Eurozone governments cut borrowing in 2025, but their combined budget deficit is expected to widen this year, driven by support for households hit by the jump in energy prices that has accompanied the ...

The US trade deficit widened in February by less than forecast as both imports and exports increased. The gap in goods and services trade grew 4.9% from the prior month to $57.3 billion, Commerce ...

GDP growth reached 2% in 2025 despite major policy shifts and a Q4 government shutdown, supported by strong productivity. Inflation was flat as tariff-driven goods inflation offset declining services ...

Washington – The U.S. current account deficit narrowed sharply in the fourth quarter, hitting the lowest level in nearly five years, amid a rise in primary income and a reduction in the goods trade ...

U.S. international trade in goods and services deficit narrowed by 25.3% to $54.5B from $72.9B (revised from $70.3B) in December, according to data released by the Census Bureau on Thursday. The ...

The budget deficit narrowed in February at a slower pace than the previous month as US tariff revenue started to slow from the peak rate hit late last year. For the five months through February, the ...

With her first budget address approaching on March 10, Gov. Mikie Sherrill said New Jersey faces a “serious structural deficit.” At a Thursday, Feb. 26, press event at the Statehouse in Trenton, the ...

Andy McCarthy is right on the money, literally, in his post today. He argues that the new 10 percent global tariff Trump is imposing under Section 122 of the 1974 Trade Act is flatly illegal. The law ...

Terry Lane is a writer for Investopedia with 25 years of experience in journalism and communications. He covers personal finance, Congress, government regulations, and economics. Kent Nishimura / ...