The Latest Breaking News from Deficit

Michel Barnier's efforts to fight deficit include higher taxes and a slew of cost-cutting efforts, including fighting sky-high absenteeism in France.

France must take "credible" steps to tackle its high deficit, its new finance minister said Thursday, shortly before a major credit ratings agency gives its verdict on the country's sovereign debt.

The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on greater spending, including for interest on the public debt.

France's financial future is under close scrutiny this month as two of the world's top credit rating agencies assess the country's ability to manage its mounting debt. Meanwhile, a hung parliament, fierce budget debates and a record-high deficit have brought the economy to the edge of crisis.

Japan has reported its exports to key destinations like China fell in September, leading it to rack up a trade deficit of about $2 billion for the month

University of Wisconsin-Oshkosh Chancellor Andrew Leavitt says he plans to step down next summer

The Lynx tied the all-time record after overcoming an 18-point deficit against the Liberty in Game 1.

The best-of-seven series is still firmly alive

Joey Logano went through a roller coaster of emotions during last weekend's Round of 12 elimination race at the Charlotte Roval. He watched helplessly as Tyler Reddick charged through the field on fresh tires, slashing away at the points deficit while Logano could not move forward. At the checkered flag,…