In a reversal from 2023, policymakers enacted $1 trillion of ten-year debt increases in 2024, including roughly $380 billion ...
Worries about government deficits are making one of their periodic tours of Wall Street. Investors say the prospect of bigger budget imbalances ... on the Bloomberg US Treasury Index.
The greenback has seen off plenty of challengers — for good reason. Trump would do well to recognize its huge strategic value ...
Bloomberg Opinion’s fiscal hawk takes on its market optimist in a debate about whether the US is on a path to financial ruin.
The U.S. government is spending a lot more than it's earning, with the budget deficit crossing a whopping $1.8T during FY 2024. This is the highest level ever, excluding the record COVID-era deficits.
The $1.8 trillion federal budget deficit in the fiscal year that ended in September was the third biggest ever in dollar terms, trailing only the pandemic deficits of the 2020 and 2021 fiscal years.