The Latest Breaking News from Deficit

The favorite to become Fed chair says tariffs are an important part of Trump’s economic policy and behind “a lot of the revenue coming into the Treasury.”

A $2,000 dividend for each citizen would increase the deficit by $6 trillion, according to one estimate, roughly twice as much as Trump’s tariffs are estimated to raise.

Former Labour leader announces official name at conference in Liverpool after vote by members

Downing Street says Reeves’ remarks were ‘entirely accurate’ as pressure grows over claims she misled voters

Tensions grow after research in England finds there may not be enough water for planned carbon capture and hydrogen projects

Belgium faced major disruptions since Monday as trade unions staged a three-day strike against government austerity measures, affecting public transport, airports and ports.

Eight member states, including Spain, Hungary and the Netherlands, could face a formal reprimand from the European Commission in June if they do not take further action to stay within the EU’s public spending rules.

Wisconsin’s Ron Johnson joins other Senate Republicans in arguing that money earned from President Donald Trump’s tariffs would be better spent on easing the $38 trillion national deficit

Copper prices are set for further gains in 2026. Tightening supply, widening market deficits, and mine disruptions all amplify concerns about the metal’s long-term availability. UBS is the latest bank to upgrade the yearly outlook, warning that persistent operational setbacks and falling inventories are now exerting a decisive influence on…