The U.S. budget deficit surged past the $1 trillion mark in February, less than six months into fiscal year 2025. As of Feb.

U.S. stocks suffered a sharp selloff Monday, erasing over $1 trillion in market value as investors reacted to renewed ...

Their new budget framework is the most irresponsible in modern history—and will put the American economy on a very dangerous ...

The United States buys far more from foreign markets than it sells. According to the Observatory of Economic Complexity, the ...

It’s going to take a lot more than some trimming around the edges to change the federal government’s current trajectory into ...

The current situation is reminiscent of the mid-1980s, when the U.S. ran a record current account deficit of 5 percent of GDP ...

The US runs a huge surplus in services, which helps explain why they weren't subject to President Donald Trump's tariffs.

It‘s looking more and more like this playbook is following the exact same story that we’ve witnessed during every other ...

When interest costs are included in the calculation, the budget resolution would add nearly $7 trillion to the deficit, according to the Committee for a Responsible Federal Budget (CRFB).

A trade deficit occurs when a nation imports more than it exports. For instance, in 2024 the United States exported nearly $3.2 trillion in goods and services to the world, while it imported $4.1 ...

Fox Business' Dagen McDowell mocked the Department of Government Efficiency for using "Elon Musk Math" to cut the federal ...

The concurrent budget resolution for Fiscal Year (FY) 2025, adopted by the House last week and the Senate the week prior, ...