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The Latest Breaking News from Deficit

Fact-checking Biden’s State of the Union - Roll Call

Biden’s speech included misleading claims on inflation, crime, clean energy investments, wages, FactCheck.org reports.

Roll Call

Damning report exposing £17billion UK defence deficit paves way for radical overhaul

Public Accounts Committee reveals a £16.9 billion deficit in equipment plans at the Ministry of Defence

Evening Standard

Biden Says He'll Make the Wealthy Pay More To Fix Social Security. Here's Why That Won't Work.

Raising the payroll tax cap could generate up to $1 trillion over 10 years, but Social Security faces a $2.8 trillion deficit.

Reason

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President Biden Proposes Taxing Wealthiest Americans To Fund Initiatives

President Biden proposes tax increases on the wealthiest to address deficit and support federal programs for a fairer tax system.

Top News

A Bipartisan Tax Hike Won't Fix This Deficit

The government needs to cut back on spending—and on the promises to special interests that fuel the spending.

Reason

S&P 500 and Nasdaq 100 Post Record Highs on Dovish Powell Comment

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +1.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.56%. Stock indexes on Thursday posted moderate gains with the S&P 500 and Nasdaq 100...

Barchart

Dollar Falls to a 6-Week Low on Dovish Powell Comment

The dollar index (DXY00 ) on Thursday fell by -0.52% and posted a 6-week low. The dollar was undercut after Fed Chair Powell said that the Fed is “not far” from the confidence needed to cut rates. The dollar was also undercut by Thursday’s weak productivity and trade deficit reports....

Barchart

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S&P 500 Rallies to a Record High on Powell Comments

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.98%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.30%. Stock indexes this morning are sharply higher, with the S&P 500 posting a...

Barchart

Dollar Drops on Dovish U.S. Economic Reports

The dollar index (DXY00 ) this morning is down by -0.25% and posted a 1-month low. The dollar extended Wednesday’s losses on today’s Fed-friendly productivity and trade deficit reports. Also, strength in the yen weighed on the dollar as the yen today climbed to a 1-month high against the dollar....

Barchart

Stocks Climb on Lower U.S. and European Bond Yields

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.46%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.61%. Stock indexes this morning are seeing support from a decline in the 10-year...

Barchart

US Trade Deficit Grows In January Due To Increased Imports

US trade deficit widens in January as imports surge, highlighting challenges for the economy and the need for policy action.

Top News

Cocoa Prices Mixed as British Pound Strength Weighs on London Cocoa

May ICE NY cocoa (CCK24 ) on Wednesday closed up +99 (+1.53%), and May ICE London cocoa #7 (CAK24 ) closed down -13 (-0.24%). Cocoa prices on Wednesday settled mixed. Cocoa prices are underpinned by concern that large cocoa deficits could force West African cocoa suppliers to default on their...

Barchart

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The Guardian - UK

A Greater Lancastria could help to solve the democratic deficit in city-region governance

Letter: Issues of democratic deficit, area and identity need to be resolved for the region to thrive, says Prof Paul Salveson

Barchart

Cocoa Prices Mixed as Supply Concerns Boost NY Cocoa

May ICE NY cocoa (CCK24 ) this morning is up +74 (+1.15%), and May ICE London cocoa #7 (CAK24 ) is down -12 (-0.22%). Cocoa prices this morning are mixed. Cocoa prices are underpinned by concern that large cocoa deficits could force West African cocoa suppliers to default on their...

Barchart

With Copper Prices Under Pressure, What's the 2024 Forecast for FCX Stock?

Freeport stock is in the red this year, as metal and mining names have sat out the broader market rally so far in 2024. What's the outlook for FCX stock this year as copper prices sag amid ongoing troubles in China's real estate sector?

The Hindu

Interview | T.N. Finance Minister Thangam Thennarasu discusses the State Budget for 2024-25

Tamil Nadu Finance Minister Thangam Thennarasu, who presented the State Budget for 2024-25, says the Budget catered to aspirations of every segment, sector and region of Tamil Nadu

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Barchart

Projections of Wider Global Sugar Deficits Sparks Short-Covering in Sugar

May NY world sugar #11 (SBK24 ) on Tuesday closed up +0.27 (+1.31%), and May London ICE white sugar #5 (SWK24 ) closed up +1.30 (+0.22%). Sugar prices on Tuesday recovered from 2-month lows and posted moderate gains. Short-covering emerged in sugar futures Tuesday after BP Bunge Bioenergia projected that...

Barchart

Sugar Climbs on Projections of Wider Global Sugar Deficits

May NY world sugar #11 (SBK24 ) this morning is up +0.35 (+1.70%), and May London ICE white sugar #5 (SWK24 ) is up +3.80 (+0.64%). Sugar prices this morning recovered from 2-month lows and are moderately higher. Short-covering emerged in sugar futures today after BP Bunge Bioenergia projected that...

Motorsport

Sainz relieved to have Ferrari F1 car he can "attack" with

Sainz took the final step on the podium in Bahrain far behind the dominant Max Verstappen, but only two seconds in arrears of the second Red Bull of Sergio Perez. Sainz's 25-second deficit to Verstappen was half the gap of the same race 12 months ago when Ferrari's tyre management issues…

Evening Standard

Bayern Munich vs Lazio: Champions League prediction, kick-off time, TV, live stream, team news, h2h, odds

The German giants had into the game looking for form and with a first-leg deficit to overturn

The Guardian - AU

Ankle-deep snow prompts concerns over safety and respect at Young Matildas match

Australia overcome ‘challenging conditions’ and half-time deficit to beat South Korea at Under-20s Women’s Asian Cup

Motorsport

The laps that underpinned Verstappen’s crushing Bahrain GP victory

“We're expecting probably a half-second deficit [per lap],” George Russell mused, moments after putting his Mercedes third on the Bahrain Grand Prix grid. Asked to estimate the advantage Red Bull would have in the race, Russell reckoned that it would be slightly larger than the 0.3s difference seen on the…

The Guardian - UK

The Conservatives’ economic record since 2010 in 10 charts

From a huge budget deficit to weak GDP and a record rise in tax, we look at the background to the Tory budget

1 … 43 44 45 46

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