News

3 reasons bond investors are panicking about the US budget deficit
Bond yields have spiked this week on investor concern over the tax bill swelling the US deficit. Here's why markets are ...
Ray Dalio says politicians addressing U.S. budget deficit are like passengers ‘on a boat that’s headed for rocks’
Ray Dalio said Republicans and Democrats agree that the budget deficit needs to be addressed, but their political squabbling ...
A tepid US Treasury auction is rattling markets with deficit fears running high
The sell-off in bonds accelerated as investors continued to fret over the US deficit, with the 10-year yield rising past 4.5% ...
GOP bill could add trillions to the U.S. deficit, some experts say. Here's what to know.
Republican tax bill could cost $3.8 trillion over 10 years as its tax cuts surpass spending reductions, according to one ...
US budget surplus surges to $258 billion in April, year-to-date deficit tops $1 trillion
The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, ...
Bond market warns US on dangers of deficit
While current US yields between 4% and 5% are near levels that prevailed before 2007 and the financial crisis – and the ...
White House says the 'big beautiful bill' will lower the US deficit. Analysts say that's off by trillions.
The White House made the case Monday that passing President Trump's "big beautiful bill" would be the fiscally responsible move. Outside analyses instead foresee a new flood of government debt if ...
London stocks fall as US fiscal worries, UK budget deficit hit sentiment
London equities fell on Thursday in broad-based declines as concerns over a deteriorating fiscal outlook in the U.S. and ...
China Ran Record Budget Deficit With Spending Blitz Amid Tariffs
China’s fiscal stimulus pushed its four-month budget deficit to a record high, as the government ramped up support for the ...
LA City Council OKs budget that cuts public safety funding, reduces layoffs
The revised budget reduces proposed layoffs from 1,647 to 600, restores key civilian LAPD positions, and scales back funding ...
US budget surplus rises 23% to $258 billion in April, customs revenue surges
The U.S. government posted a $258 billion budget surplus for April, up 23% from a year earlier, reflecting strong tax ...
El Paso ISD board divided over future amid $23 million budget deficit
The El Paso Independent School District (EPISD) is facing a projected budget deficit of approximately $23 million, and its leadership is divided on how ...