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The Latest Breaking News from Deficit

Dollar Slightly Higher as Middle East Risks Remain

The dollar index (DXY00 ) today is up by +0.07%. The dollar is slightly higher today after the US March trade deficit was reported to be smaller than expected. The dollar also has safe-haven support as the US-Iran ceasefire appears shaky after the US Central Command on Monday said the...

Barchart

Romania's pro-EU coalition collapses after prime minister fails no-confidence vote

Romania has faced a long period of instability and the country is grappling with one of the highest budget deficits in the EU, rampant inflation and a technical recession.

Euronews

'Any semblance of fiscal responsibility' was abandoned two decades ago, says budget watchdog, and challenges Congress to cut deficit levels by half

A 3% benchmark would require approximately $10 trillion in deficit reduction over the next decade, if the target is reached by 2036.

Fortune

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It's early May and NASCAR's standings have real consequence again

Simulations indicate needing to finish top-3 in the regular season standings

Motorsport

Interest on U.S. debt is becoming a top driver of future deficits, as the sheer size of past borrowing overwhelms the fiscal outlook

"In a 'Fiscal Dominance' regime, the Fed's ability to aggressively hike rates to curb inflation is constrained, as doing so risks a fiscal or financial crisis."

Fortune

Hopes of wartime windfall shot down for federal budget

The federal treasurer is being urged not to grandfather tax breaks for asset-holders in the budget as the economic impact of the Iran war worsens.

AAP

Decades Ago, a Rising Pistons Team Survived a 3–1 Playoff Deficit to the Magic. Can Detroit Do It Again?

The Pistons are headed back to Orlando down 3–2 to the Magic after a hard-fought Game 5 win. The NBA world is collectively shocked the No. 1 seed is on the edge

Sports Illustrated

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George Russell urged not to panic if Kimi Antonelli wins Mercedes battle in Miami

James Hinchcliffe has urged George Russell to stay calm if Kimi Antonelli beats him again at the Miami Grand Prix, insisting the Mercedes driver’s nine-point deficit is no cause for panic

Motorsport

Canada just launched a $18B war chest to break free from Trump’s economic bullying and it’s already got Wall Street sweating

Canada just dropped a financial nuke on its economic dependence with a new $18 billion sovereign wealth fund, and Wall Street is already feeling the heat. Prime Minister Mark Carney announced the Canada Strong Fund this week, a government-owned investment vehicle designed to pump money into energy, infrastructure, mining, agriculture,…

The Mary Sue

Jamie Dimon gets candid about national debt: ‘There will be a bond crisis, and then we’ll have to deal with it’

“The level of things that are adding to the risk column are high, like geopolitics, oil, government deficits. And they may go away, but they may not.”

Fortune

The $39 trillion national debt just got its own version of the viral Doomsday essay

Centrist political group No Labels is using science fiction to sound the alarm: "Neither party has any credibility on the debt or deficit right now."

Fortune

Trump’s ‘gold card’ visas were going to solve $39 trillion national debt. They’ve sold only one

Gold card revenue “may be earmarked for deficit reduction, but it actually could be more money than that,” Trump previously told reporters.

Fortune

How Man Utd, Liverpool, Aston Villa, Chelsea’s Final Four Premier League Fixtures Compare

Chelsea must overturn a sizeable deficit to finish ahead of Man Utd, Liverpool or Aston Villa.

Sports Illustrated

Remco Evenepoel shocks rivals by getting into massive early breakaway at Liège-Bastogne-Liège, forcing Pogačar and Seixas into long chase

Belgian star got away in 50-rider group with 250km to go, with Decathlon and UAE trying to bring back 3:30 deficit

Cycling News

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Fortune

Trump’s tariffs were supposed to close the trade deficit. The AI boom had other plans

Trump’s tariffs were supposed to narrow the country’s trade gap. The AI race won’t let that happen.

The Independent UK

Japan records 5th straight fiscal year of trade deficits as Trump's tariffs hit auto exports

Japan has reported a trade deficit of $10.7 billion for the fiscal year that ended in March, as U.S. President Donald Trump’s tariff policies hit auto exports

The Guardian - UK

Reeves rightly fears the bond market, but she can afford to ditch one unhelpful rule

The chancellor has wisely vowed to drive down the annual deficit, but long-term defence investment must not be delayed

Evening Standard

Bayern Munich vs Real Madrid LIVE: Champions League result, latest updates and fan reaction

Real looking to overcome deficit in Champions League quarter-final

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Sports Illustrated

What Wrexham Need From Final Four Matches to Keep Premier League Dream Alive

The Red Dragons don't have much time left if they are to secure a place in the Championship playoff positions this season.

Euronews

Is the European Union reliant on trade with China?

The European Union is struggling to contain a ballooning trade deficit with China, but member states cannot agree on how to push back.

The Independent UK

Arne Slot makes surprise Alexander Isak admission before Liverpool’s clash with PSG

Alexander Isak was named in Liverpool’s starting line-up for their Champions League clash with PSG on Tuesday night. It was the first time he has been included in a starting XI since December, with the Swedish striker only recently returning from injury. Liverpool boss Arne Slot surprisingly told Amazon Prime…

Sports Illustrated

Liverpool vs. PSG: Preview, Predictions and Lineups

The Reds must overturn a two-goal deficit against the holders to preserve their Champions League dream.

The Guardian - UK

‘It’s not finished’: Lamine Yamal pledges Barcelona will fight to the end

As his side look to overturn a two-goal deficit against Atlético Madrid, the teenager is ready to give his all

The Conversation

What neurodivergent people really think about the words used to describe them

Labels like autism, attention deficit hyperactivity disorder (ADHD) and dyslexia are not new. But the way we understand them is changing.

International Business Times UK

Trump Economic Adviser Calls 300,000 'High-Paying' Job Cuts a Win — Union Calls It 'Cruel'

Explore the impact of Trump's federal job cuts, touted as a budgetary victory, but criticized for dismantling essential public services and affecting vulnerable populations.

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