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The Latest Breaking News from Deficit

Elon Musk Implausibly Claims 'Competence and Caring' Can Cut the Federal Budget Deficit in Half

The DOGE director wildly exaggerates what can be accomplished by tackling "waste, fraud, and abuse" in government spending without new legislation.

Reason

Dollar Strength Sparks Long Liquidation in Cocoa Futures

March ICE NY cocoa (CCH25 ) Wednesday closed down -125 (-1.23%), and March ICE London cocoa #7 (CAH25 ) closed down -55 (-0.68%). Cocoa prices Wednesday gave up an early advance and posted moderate losses after a rally in the dollar index (DXY00 ) to a 1-week high sparked long...

Barchart

Dollar Strength Weighs on Cocoa Prices

March ICE NY cocoa (CCH25 ) today is down -69 (-0.68%), and March ICE London cocoa #7 (CAH25 ) is down -2 (-0.02%). Cocoa prices today gave up an early advance and fell moderately after a rally in the dollar index (DXY00 ) to a 1-week high sparked long liquidation...

Barchart

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US Trade Deficits At Core Of Trump Tariff Moves

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.

International Business Times

House budget blueprint ready for close-up amid GOP 'angst' - Roll Call

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

Roll Call

John Stones reveals Pep Guardiola message after latest Man City collapse: ‘We have to take accountability’

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

The Independent UK

Cocoa Prices Finish Sharply Higher on Excessive Dryness in West Africa

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...

Barchart

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Insufficient West African Rains Spark Short Covering in Cocoa Futures

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...

Barchart

House GOP preps all-in-one budget blueprint for committee vote - Roll Call

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

Roll Call

Why is Trump imposing tariffs and which countries will be hit hardest? - in charts

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

The Guardian - UK

Cocoa Prices Settle Lower on Demand Concerns

March ICE NY cocoa (CCH25 ) Monday closed down -304 (-3.03%), and March ICE London cocoa #7 (CAH25 ) closed down -117 (-1.48%). Cocoa prices fell sharply on Monday and held just above last Friday's 2-month lows. Cocoa prices have been under pressure over the past week on signs of...

Barchart

Demand Woes Pressure Cocoa Prices

March ICE NY cocoa (CCH25 ) today is down -331 (-3.30%), and March ICE London cocoa #7 (CAH25 ) is down -117 (-1.48%). Cocoa prices today are sharply lower and are holding just above last Friday's 2-month lows. Cocoa prices have been under pressure over the past week on signs...

Barchart

Fact-check: Trump’s Super Bowl LIX interview with Fox’s Bret Baier

In his Super Bowl LIX interview, Trump addressed his administration’s economic aims. How accurate were his statements?

Al Jazeera

French President Macron Criticizes US Tariff Threats

French President Macron and US President Trump discuss potential tariffs on European allies and trade deficits, highlighting the complexities of internatio...

Top News

President Trump To Announce Reciprocal Tariffs Next Week

President Trump announces plan for reciprocal tariffs to ensure fair trade and reduce deficit.

Barchart

Cocoa Prices Under Pressure as Chocolate Makers Signal Weak Demand

March ICE NY cocoa (CCH25 ) today is down -71 (-0.70%), and March ICE London cocoa #7 (CAH25 ) is down -69 (-0.862%). Cocoa prices today added to this week's losses and fell to 2-month lows. Cocoa prices are under pressure this week on signs of slowing cocoa demand. Chocolate...

Roll Call

Graham unveils budget blueprint ahead of markup next week - Roll Call

The Senate fiscal 2025 budget resolution aims to boost border and military spending and expand domestic energy production.

Reason

Washington's Debt Delusion: Economic Growth Cannot Fix the Deficit

Republicans are betting trillions on the hope that the economy will grow fast enough to cover their deficit spree.

The Independent UK

Liverpool boss Arne Slot delighted to reach cup final but focused on next match

The Reds overturned a first-leg deficit with a convincing 4-0 victory in the Anfield return on Thursday.

Barchart

Cocoa Prices Finish Sharply Lower on Demand Concerns

March ICE NY cocoa (CCH25 ) Thursday closed down -420 (-3.99%), and March ICE London cocoa #7 (CAH25 ) closed down -256 (-3.10%). Cocoa prices Thursday extended this week's sharp decline, with NY cocoa posting a 6-week low and London cocoa posting a 5-week low. Cocoa prices are under pressure...

Barchart

Cocoa Prices Slump as High Prices Destroy Demand

March ICE NY cocoa (CCH25 ) today is down -434 (-4.13%), and March ICE London cocoa #7 (CAH25 ) is down -255 (-3.08%). Cocoa prices today extended this week's sharp decline, with NY cocoa posting a 6-week low and London cocoa posting a 5-week low. Cocoa prices are under pressure...

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