The Latest Breaking News from Deficit

July ICE NY cocoa (CCN24 ) today is down -705 (-7.35%), and July ICE London cocoa #7 (CAN24 ) is up +115 (+1.40%). Cocoa prices today are mixed, with NY cocoa falling to a 3-week low. Demand concerns are a negative factor for cocoa prices. On Wednesday, chocolate producer Nestle...

As France heads for snap elections, political parties' economic policies are under extra scrutiny after the European Commission this week rebuked the country over its failure to keep its budget deficit within EU limits.

Ferrari’s dramatic victory against Toyota and Porsche at the Le Mans 24 Hours takes the limelight in this week’s Autosport magazine, out today (20 June).The 92nd running of the Le Mans 24 Hours had four manufacturers in contention, changeable conditions that threw the advantage from one team to another, and…

This adjustment represents a 27% rise in the deficit forecast, attributed to factors such as increased Medicaid spending, the fallout from the 2023 banking crises, and the passage of a $95 billion aid package for Ukraine, Israel, and the Indo-Pacific region in April.

In 2017, the last full year before Trump's tariffs were imposed, America's overall trade deficit was $517 billion. By 2023, it had grown to $785 billion.

Decision to launch ‘excessive deficit procedure’ sets up collision course with post-election government

EU criticizes France and six other states for excessive debt, urging adherence to fiscal guidelines. France's deficit at 5.5% raises concerns about financi...

The European Union is to reprimand France and six other member states over excessive spending that breaches the bloc’s new budget rules.

Country is among seven that could face fines as it heads for high-stakes vote this month