The U.S. trade deficit in goods surged 10% in March to a record high of $162 billion, the government said Tuesday. Back To Top ...

Investors will soon get a better sense for how the latest tariff developments will affect markets while the Federal Reserve makes a fresh decision on interest rates. President Trump has pressured ...

The World Bank’s Prospects Group has constructed a comprehensive cross-country database of fiscal space. The database covers 204 countries over the period 1990-2024, and includes 29 indicators of ...

The policy proposal from Councilwoman Laura Joseph comes after a recent audit concluded that the city had overspent its budget by $11 million and ended its last fiscal year in a deficit.

Bass has also lobbied state legislators for a $2 billion relief package. Los Angeles is facing a deficit due to a 35% reduction in tax revenue, overspending, an increase in liability payouts ...

Some schools are also being restructured. It's all in an effort to fill a $91 million budget deficit. "We are implementing a series of very, very difficult cuts," McCombs said in a press ...

MANILA, Philippines — The Philippines posted its widest merchandise trade deficit in two months in March as imports recorded their fastest growth in nearly a year, beating the modest expansion ...

In the legislative session that ended Sunday, Washington lawmakers had to tackle a huge budget deficit estimated to be as much as $16 billion over four years. Their new budget road map seems to close ...

It said that despite the larger deficit in the three-month period, it was still in line with the government’s P1-5 trillion deficit program for the full year,. The BTr said the government’s revenue ...

Treasurer Jim Chalmers failed to recognise a $47 billion deficit figure in his budget, in an oversight that leading economist Saul Eslake says exposes how the major parties gloss over so-called ...

He added that, as far as he’s concerned, a trade deficit is “a loss” that he can’t tolerate. He’d made similar comments many times before. A few weeks later, as Reuters reported ...

The record trade deficit shaved a whopping 4.8 percentage points off GDP. Even without the effects of the trade wars, though, the economy would have showed slower growth. Consumer spending ...