The Latest Breaking News from Deficit

The federal opposition, embattled on many fronts, is trying to gain ground by establishing an alternative economic and fiscal narrative to that of the government.

However, the huge deficit in trade of physical goods was offset by a record surplus in services, says ONS

The treasurer celebrated an outcome that could have been worse, but a structural challenge remains as workers are left with the burden of repair

The US captain saw his side slip to a record 11.5-4.5 deficit before almost completing a ‘miracle’ comeback in the singles.

All the day’s news as it unfolded

Arsenal overcame a first-half deficit to win at St. James’ Park.

Australia's budget deficit for last financial year ended up being narrower than expected but younger workers will still be on the hook for a decade of red ink.

The captain saw his US team slip to a 5.5-2.5 deficit after a ruthless European side took control of the competition.

The copper market has been jolted by disruptions at Indonesia’s Grasberg mine, with ripple effects spreading across supply forecasts and price expectations. With the mine operator declaring force majeure, Goldman Sachs slashed its mine supply outlook for 2025 and 2026, turning a projected surplus into deficit territory.

Dimon stressed that only faster growth—unlocked by lighter regulation and freer trade—can restore balance to the U.S.’s debt-to-GDP ratio.

Fortune's Shawn Tully and Steve "the money doctor" Hanke have argued that they bear a strong, uncanny resemblance to a tax western Europe has had for decades.