The charts below are based on information from the Congressional Budget Office, which does nonpartisan analysis for Congress.
That could be hugely bearish, since the bull market in recent years was largely built on expanding profit margins. Holding ...
Britain entered a rare deficit in its goods trade with the United States at the end of last year, according to data published ...
In Ray Dalio's forthcoming book "How Countries Go Broke" he argues that the United States' budget deficit should be cut.
Compare that with the same period last year under Joe Biden: federal spending back then came to about $26bn a day. Outflows ...
Discover why gold and the dollar can rise together, fueled by US fiscal dominance and global economic instability, with a ...
In any given year, the government's budget and spending can result in a deficit or surplus. Debt is the running total of what the government owes to its creditors. The president and government's ...
It’s vital for Congress to pair pro-growth tax cuts with pro-growth spending reforms. The federal budget itself needs a ...
The U.S. has very high corporate profits, very high asset prices, very high fiscal deficits, very high trade deficits, and very low wages versus history, notes Deutsche Bank. Does something have to ...
By striking a fine balance, the budget’s expenditure strategy laudably creates space for future capital spending. Evolving ...
The government announced a massive income tax relief in a bid to stimulate consumption in the economy, while also staying ...
To balance the revenue lost, the government has budgeted for a modest increase in capital spending this year, which will rise ...