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The Latest Breaking News from Deficit

On this date: Lakers mount massive comeback to sweep Seattle

In Game 4 of the 1989 West semis, the Showtime Lakers came back from a huge deficit to sweep the stunned Seattle SuperSonics.

USA Today Sports Media Group

Why Mullen Automotive Shares Are Surging Today

Mullen Automotive Inc (NASDAQ:MULN) reported preliminary cash and equivalents of $65.2 million as of Q2-end, primarily due to $43.9 million from the issuance of Series C Preferred Stock and associated warrants. Additionally, the company received $29.6 million in net proceeds under the $30 million Esousa Equity Line, dated September 1, 2021. Total assets…

Benzinga

Hungary's Orban hands ex-aide, finance minister economic challenge

Hungary's Prime Minister on Friday put former central banker Marton Nagy and finance minister Mihaly Varga in charge of tackling the economic challenges caused by soaring inflation, the Ukraine crisis and a ballooning deficit.

Reuters

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Aluminum Inventories Reach A New Low, Prices Plunged

Aluminum available for withdrawal at London Metal Exchange warehouses fell to a record low. Still, the latest sign of supply shortages isn’t enough to break the pessimistic sentiment that is ruling metals markets as demand worsens, writes Bloomberg. On-warrant aluminum inventories fell 9.7% to 260,275 tons, breaking a record set in…

Benzinga

Vallon Pharma Posts Additional Data From SEAL Study Of Formulated CNS Stimulant

Vallon Pharmaceuticals Inc (NASDAQ:VLON) reported additional results from the SEAL study evaluating the abuse potential of ADAIR. ADAIR is the Company's proprietary abuse-deterrent formulation of immediate-release dextroamphetamine in development for attention deficit hyperactivity disorder and narcolepsy. Dextroamphetamine is in a class of medications called central nervous system (CNS) stimulants. Vallon has completed its…

Benzinga

Biden mocks Trump as ‘the great MAGA King’ as he blames him for leaving US economy ‘on the brink of a Great Depression’

‘Under my predecessor, the great MAGA king, the deficit increased every single year he was president’

The Independent UK

‘Look at their agenda’: Biden hits out at GOP as he touts plans to tackle inflation

‘I happen to think it's a good thing when American families have a little more money in their pockets at the end of the month. But Republicans in Congress don't seem to think so,’ Biden says

The Independent UK

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Resigning NT Chief Minister Michael Gunner unveils improved budget bottom line, but deficit and debt levels stay high

Ahead of his surprise resignation as Chief Minister, Mr Gunner unveiled a plan to balance the books two years earlier than previously forecast — but until then, debt levels will continue to grow.

ABC News

Panthers force overtime in final minutes, beat Capitals in OT to even series at 2-2

The Florida Panthers were all but doomed. There were less three minutes separating them from a near-insurmountable series deficit and, with no goaltender in their net and an extra skater on the ice, they were one shot away from overtime or one away from an almost-certain Game 4 loss to…

Miami Herald

Tax revenue boom fuels steep budget deficit decline - Roll Call

April tax receipts totaled an estimated $864 billion, driving a $308 billion surplus last month. Both figures would be the largest on record.

Roll Call

Biden reaps record tax haul on meme stocks’ once-and-done frenzy

The surge in individual stock trading by Americans last year contributed to a record tax haul for the federal government this spring — shrinking the budget deficit and surprising Wall Street, but likely leaving President Joe Biden in no stronger shape as he battles for his fiscal agenda in Congress.

Tribune News Service

Troyes fight back to claim draw at lacklustre PSG

Relegation-threatened Troyes fought back from a two-goal deficit to draw 2-2 at Paris Saint-Germain on Sunday night to snatch a point that edged them closer to Ligue 1 safety.

Radio France Internationale

Bombers coach full of praise for Wright

Peter Wright's six goals were crucial as Essendon recovered from personnel issues and a 25-point deficit to beat AFL rivals Hawthorn by 27 points.

AAP

Glasgow Rocks daring to dream ahead of Leicester Riders play-off semi-final

GLASGOW ROCKS produced one of their best performances of the season on Sunday night as they overturned a first-leg deficit against league runners-up…

The National (Scotland)

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Tribune News Service

2 empty-net goals by Ilya Mikheyev seal Toronto’s 5-2 win, giving the Leafs a 2-1 series lead

TAMPA, Fla. — The Lightning cut a three-goal deficit to one in the third period before allowing two empty-net goals in a 5-2 loss to the Maple Leafs in Game 3 of their first-round playoff series at Amalie Arena.

The Hindu

Yadgir CMC presents a deficit Budget of ₹43.49 lakh for 2022-23

It is aimed to offset the deficit amount by collecting property and other taxes, say Officers

The Hindu

Watch the gap: On widening trade deficit

The widening trade deficit puts more pressure on the rupee and aids growth-retarding inflation.

The National (Scotland)

Rangers FC news round-up: Bell Ibrox tribute, Ramsey return hint, RB Leipzig key battles

RANGERS take on RB Leipzig tonight in the Europa League semi-final second-leg aiming to overcome a one-goal deficit.

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Daily Record

Airdrie v Montrose: How to watch Championship play-off crunch, and who is the ref

The Diamonds head into the clash with a 1-0 deficit to overcome if they are to reach the final

The Guardian - UK

Degrees underfunded by £1,750 per student, Russell Group says

Group says deficit would widen to £4,000 under plan to freeze tuition fees in England until 2024-25

Los Angeles Times

Biden previews midterm offensive as he attacks 'extreme' MAGA Republicans in deficit speech

WASHINGTON — With an eye clearly on November's midterm elections, President Joe Biden on Wednesday sharpened his attack on Republicans as he sought to contrast his administration's policies with what he described as an "extreme" GOP agenda.

Reason

Joe Biden's Phony Fiscal Responsibility

Biden gloats over a historically astronomical budget deficit as if he's accomplished something significant. He hasn't.

The Hindu

Economic speed bumps yes, but no breakdown

Nepal’s vulnerability has been exposed by the lack of pragmatic policy interventions and abrupt moves towards self-sufficiency

The Hindu

Staff members in all eight divisions of LIC protest

‘Govt. is desperate to sell shares of LIC to mop up resources for meeting fiscal deficit’

The Independent UK

‘Truly outrageous’: Biden touts deficit reduction as he attacks ‘extreme Maga’ plan to sunset Social Security and raise taxes

‘This Maga crowd is really the most extreme political organization that's existed in American history’

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