The United States federal budget deficit totaled $1 trillion in the first five months of fiscal year 2026, according to the ...

The latest report from the U.S. Treasury Department revealed the stark gap between government income and spending. In July, the government collected $338 billion in total receipts but spent $630 ...

Investors are growing uneasy about the potential cost of the Iran war, sending long-term government bonds lower amid concerns over how the conflict will add to pressures on budget deficits.

WASHINGTON -- The federal government is on track to end fiscal 2025 with its third-largest deficit on record, based on Treasury Department data released Thursday. The agency reported the United States ...

There are significant fears over U.S. deficits and debt. But there is little evidence that this will lead to higher interest rates. Rather, we expect a slowdown in long-term GDP growth and potentially ...