Tag: Government budget deficits
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Trump promises $5,000 ‘dividend’ to U.S. citizens if Republicans win midterms
Such a payout could cost more than $1 trillion and is likely to face legal obstacles.
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Italy’s Meloni just hit a major political milestone. Former leaders say economic reform must follow
Italian Prime Minister Giorgia Meloni’s government became the country’s longest-serving cabinet since World War II on Friday.
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France is becoming the ‘poster child’ of sovereign debt problems as government borrowing costs hit near 2008 highs
France’s debt burden and political gridlock are pushing borrowing costs toward levels not seen since 2008.
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Dollar and bond markets ‘on edge’ ahead of Jackson Hole as Bessent’s market intervention piles pressure on Warsh
Strategists said investors were approaching Jackson Hole “on the back foot.”
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What the results of a Connecticut congressional primary race may mean for Social Security
Rep. John Larson of Connecticut, an advocate for expanding Social Security, was ousted in a Democratic primary contest Tuesday.
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U.S. budget deficit surged in July to highest level since March 2021
Beyond the big single-month jump, the collective red ink over the 10 months of the fiscal year rose to nearly $1.8 trillion, surpassing the same period in 2025.
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