The U.S. budget deficit has climbed to nearly $2 trillion, which is up 12%. Also, The New York Times finds economic issues ...

In the last few years, economists and policymakers around the world have been seduced by the fantasy that budget deficits are harmless as long as interest rates remain low. The outsized budget ...

Higher interest rates are inflating borrowing costs as the Trump administration spends on the Iran war and tariff refunds.

The US budget deficit grew to almost $2 trillion over the past year, government data showed Friday, reaching its highest level since 2021 despite President Donald Trump's promises to cut public ...

Mumbai, Oct. 19 -- The United States budget deficit stood at nearly $2 trillion for the 2026 fiscal year, the Treasury Department reported on Friday, marking the 25th consecutive fiscal year with a ...

Silicon Valley has a new pitch for Washington: Artificial intelligence will solve all your budget problems. Industry leaders claim the technology will turbocharge productivity growth, generate a flood ...

Democrats opposed the Bush tax cuts from the beginning not because lower marginal tax rates are bad, but rather, because they believed they would lift deficits and interest rates. The interest-rate ...

The New Zealand government will contest November’s election with a slightly less gloomy set of books as a recovering economy and higher inflation boost revenue and narrow the nation’s budget deficit.