The Mass. inspector general accused Brockton leaders of 'dereliction of financial responsibility' in connection with the $18M school deficit scandal.

There are 6 ways an unsustainable debt path can come to an end: faster economic growth, lower interest rates, default, ...

India’s current account deficit eased in the July–September quarter, helped by a smaller merchandise trade gap and strong ...

Many of the president’s tariffs rest on the legal claim that the gap between what America imports and exports is a national emergency, an idea that remains contentious. By Ana Swanson Ana Swanson ...

WASHINGTON -- The federal government ended fiscal 2025 with a slightly lower deficit than fiscal 2024's total, thanks in part to the Trump administration's embrace of tariffs impacting imported ...

Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...

The U.S. Current Account deficit narrowed 43% to -$251.3B in Q2 2025 from -$439.8B prior (revised from -$450.2B) in Q1, as tariffs depressed imports, according to data released by the U.S. Bureau of ...

NEW ORLEANS — The City of New Orleans is facing a $65 million budget deficit. That number was confirmed Wednesday by members of Mayor Cantrell's administration after there were some discussions that ...

Deficits are like cheeses: both come in many varieties, are something of a European speciality, and become problematic if left to fester too long. A deficit in government spending, the hardy perennial ...

The US agricultural trade deficit widened further in July, highlighting the challenge facing President Donald Trump as he vows to reverse the trend. Agricultural exports lagged imports by $4.97 ...