In Ray Dalio's forthcoming book "How Countries Go Broke" he argues that the United States' budget deficit should be cut.

Britain entered a rare deficit in its goods trade with the United States at the end of last year, according to data published ...

The charts below are based on information from the Congressional Budget Office, which does nonpartisan analysis for Congress.

Compare that with the same period last year under Joe Biden: federal spending back then came to about $26bn a day. Outflows ...

That could be hugely bearish, since the bull market in recent years was largely built on expanding profit margins. Holding ...

Discover why gold and the dollar can rise together, fueled by US fiscal dominance and global economic instability, with a ...

Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...

Fitch Ratings released a report warning that Congress could struggle to raise or suspend the debt limit while also dealing with annual spending ... deficits were incurred in recent years.

IT IS A calm and confident Friedrich Merz who greets The Economist on February 7th at a luxury golf resort in Stromberg, a ...

The USD/JPY exchange rate has retreated in the past few days as the market focuses on the next actions by the Federal Reserve ...

The Oklahoma Legislature now has its FY 2026 projections after the Board of Equalization approved appropriation percentages ...