The Latest Breaking News from Deficit

​The House Budget Committee approved a fiscal framework that inches Republicans closer to their prized “big, beautiful” reconciliation bill.

The U.S. must slash its deficit to 3% from an expected 7.5% before the president’s second term in office ends, otherwise a death spiral will likely ensue.

Imposing punitive tariffs on countries with high trade surpluses with the United States has been at the heart of US President Donald Trump's economic policy.

Lawmakers made clear that the resolution will likely undergo rewrites at the Budget Committee as Republicans continue to seek consensus.

Guardiola’s side squandered yet another position of strength to concede a first-leg deficit in their Champions League play-off tie

March ICE NY cocoa (CCH25 ) Tuesday closed up +417 (+4.29%), and March ICE London cocoa #7 (CAH25 ) closed up +261 (+3.35%). Cocoa prices rallied sharply on Tuesday on insufficient rain in West Africa. Cocoa farmers in the Ivory Coast and Ghana, the world's two biggest cocoa-producing countries, said...

March ICE NY cocoa (CCH25 ) today is up +414 (+4.26%), and March ICE London cocoa #7 (CAH25 ) is up +242 (+3.10%). Cocoa prices today are sharply higher as insufficient rain in West Africa sparked short covering in cocoa futures. Cocoa farmers in the Ivory Coast and Ghana, the...

House Republicans are plowing ahead with a budget resolution markup on Thursday before the chamber’s scheduled one-week recess begins.

These graphics explain how the US trade deficit has changed, why Trump may be targeting certain countries with tariffs and what the impact could be