One of the reasons former President Donald Trump started a trade war with China was to reduce the U.S. trade deficit with the ...

The Treasury Department announced that the federal budget deficit rose to $1.8 trillion for fiscal 2024, which ended in ...

The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on ...

Take a deeper look at the nature of a country’s current account balance, and see why trade deficits are neither good nor bad ...

The United States has run an annual budget deficit for the 23rd straight year -- a period that runs through both Democratic ...

This year marks the third-highest US deficit behind 2021 and 2020, according to the Treasury. In the 2020 budget year, the ...

The federal government spent $1.8 trillion more than it collected in tax revenue in fiscal year 2024, according to figures ...

Lando Norris was left aggrieved after being penalised for an overtake on title rival Max Verstappen during the United States Grand Prix; Formula 1 heads to the Autodromo Hermanos Rodriguez for the ...

Since the war in Gaza began and led to escalating conflict across the Middle East, the United States has spent a record of at ...

The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on greater spending, including for interest on the public debt.