US Treasury reports record $711 billion budget deficit for first months of 2025
The $711 billion October-December deficit was $201 billion higher than the $510 billion deficit in the same period a year earlier.
CBO sees US 2025 deficit flat at $1.9 trillion before any Trump tax changes
The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...
US Merchandise-Trade Deficit Widened to Record Ahead of Trump
The US merchandise-trade deficit widened in December to a record as the value of imports increased, highlighting a key issue ...
U.S.-Canada trade deficit is highest in 20 years. Does it justify tariffs?
Canada typically sells more goods and services to the United States than it buys, an issue — or non-issue, according to ...
Michigan State athletics operated through 4th budget deficit in past 5 years in 2023-24
Michigan State University’s athletic department operated at a shortage of more than $16 million in 2023-24, its fourth ...
Ohio State reports athletics budget deficit of nearly $38 million from 2024 fiscal year
The Ohio State athletic department's budget deficit from the 2024 fiscal year was $37.7 million, according to figures it ...
Import surge seen curbing US economic growth in fourth quarter
U.S. economic growth likely slowed in the fourth quarter as imports surged and a strike at Boeing hurt spending on aircraft, ...
Explainer-Trump's complaints about trade deficit with the EU and what may come next
U.S. President Donald Trump has promised to address a longstanding trade deficit with the European Union, saying he will ...
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Michigan State athletics operated through 4th budget deficit in past 5 years in 2023-24
according to documents provided to the Detroit Free Press and USA TODAY Network via the Michigan Freedom of Information Act. MSU’s budget deficit for the 2023-24 fiscal year totaled more than $ ...