US Budget Deficit Hits $1.99 Trillion in Fiscal 2026, Largest in Five Years
The US budget deficit rose to $1.99 trillion in fiscal 2026, the largest in five years, as debt-service costs hit…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Katie Zacharia Leaves White House Press Secretary Role After Five Days
Katie Zacharia is leaving her post as White House press secretary after five days, a White House official confirmed. Criticism…
EU to propose more China import curbs beyond hybrid vehicle safeguard deal
The European Commission plans to propose further restrictions on Chinese imports beyond the safeguard measures it recently agreed with Beijing….
Treasuries head for best week since February as AI jitters halt bond sell-off
US Treasuries are heading for their best week since February as worries over the AI boom and softer rate-rise expectations…
US import prices jump 1.1% in September, topping forecasts
US import prices rose more than economists expected in September, lifted by energy and a range of other goods. Annual…
