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Tag: Government budget deficits

U.S. deficit tops half a trillion dollars in the first quarter of fiscal year

U.S. deficit tops half a trillion dollars in the first quarter of fiscal year

January 11, 2024January 11, 2024 · World News

US President Joe Biden, with Treasury Secretary Janet Yellen, speaks during a meeting with his cabinet at the White House in Washington, DC, on March 3, 2022. Jim…

Read more U.S. deficit tops half a trillion dollars in the first quarter of fiscal year
Fed sparking irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns

Fed sparking irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns

December 18, 2023December 18, 2023 · World News

Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila Bair. Bair, who ran the FDIC during the…

Read more Fed sparking irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns
Germany slides deeper into budget crisis. Here’s what you need to know

Germany slides deeper into budget crisis. Here’s what you need to know

November 22, 2023November 22, 2023 · Business

German Chancellor Olaf Scholz (C), Finance Minister Christian Lindner (R) and Economy Minister Robert Habeck give statements to the media following the weekly government cabinet meeting on November…

Read more Germany slides deeper into budget crisis. Here’s what you need to know
As Republican contenders start to line up for the White House in 2024, Social Security may be key issue

As Republican contenders start to line up for the White House in 2024, Social Security may be key issue

June 7, 2023June 7, 2023 · Business

zimmytws | iStock | Getty Images Last November’s midterm elections were expected to bring a so-called “red wave” of wins for Republican candidates. But ultimately, voters gave Democrats…

Read more As Republican contenders start to line up for the White House in 2024, Social Security may be key issue
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