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Canada posts 6th straight monthly trade deficit
GDP may get a lift after U.S. trade deficit drops to 5-month
The U.S. trade deficit sank almost 11% in August because of lower imports of oil and new cars, potentially giving a boost to the official measure of economic growth in the third quarter.
Canada posts sixth straight monthly trade deficit in August
Canada recorded a bigger than expected trade deficit of C$1.1 billion ($806 million) in August, its sixth consecutive monthly shortfall, as imports rose while exports declined, Statistics Canada data showed on Tuesday.
Lower Oil Exports Drag Canada to Sixth Monthly Trade Deficit
Canada recorded a C$1.1 billion ($806 million) trade deficit in August as crude oil exports fell, driven mainly by lower prices for the commodity that is central to the country’s economy.
US budget deficit hits $1.8 trillion for fiscal 2024
US budget deficit hits $1.8 trillion for fiscal 2024, per CBO
Yet again, the federal government spent far more than it collected in revenue, racking up a budget deficit of $1.8 trillion for fiscal year 2024, according to the Congressional Budget Office.
CBO estimates $1.8 trillion US deficit for fiscal 2024
The Congressional Budget Office estimated on Tuesday a U.S. federal deficit of $1.834 trillion for fiscal 2024, the highest in the post-COVID era, as debt interest costs jumped sharply and outlays rose for Social Security,
Federal Deficit Hit $1.8 Trillion for 2024, CBO Says
The data comes as Donald Trump and Kamala Harris are proposing new tax and spending plans that are estimated to add trillions more to the deficit over the next decade.
6h
on MSN
New Zealand budget deficit larger than forecast in 2023-24, accounts show
The New Zealand government reported a larger-than-expected budget deficit for the 2023-24 year as lower growth hurt ...
Opinion
4d
Opinion
Deficit, debt and democracy
Democracy is allegedly on the ballot - and indeed it is - and has been almost since the birth of our Republic.
Opinion
1d
Opinion
Washington Racks Up Another $1.8 Trillion Budget Deficit
Government spending rises 11%, more than offsetting booming tax revenue.
1d
Smaller US trade deficit supports strong economic growth estimates for third quarter
The U.S. trade deficit narrowed sharply in August as exports increased to a record high, suggesting trade could have little ...
2d
on MSN
Analysis suggests deficit could increase under Harris, but would surge under Trump
No one is likely to be happy with the projected higher deficits laid out in a new analysis of Kamala Harris’ and Donald Trump ...
1d
America The Tax Haven? Exploring The U.S. Trade Deficit
In this episode of Tax Notes Talk, Professors Kenneth Austin and Hillel Nadler discuss the policies that they believe make ...
7h
New Zealand Budget Deficit Widens as Government Expenses Jump
New Zealand’s annual budget deficit widened more than forecast as high inflation increased the cost of government services ...
2d
on MSN
The Latest: New analysis says both Trump and Harris' plans would increase the deficit
No one is likely to be happy with the projected higher deficits laid out in a new analysis of Kamala Harris’ and Donald Trump ...
1d
on MSN
U.S. deficit hits $1.8 trillion as interest costs rise
The federal budget deficit swelled to $1.8 trillion in the fiscal year that ended in September, an enormous sum that ...
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Kamala Harris
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