The Latest Breaking News from Deficit

The dollar index (DXY00 ) Monday fell by -0.66% and posted a 1-week low. The dollar was under pressure Monday after Moody's Ratings late last Friday downgraded the US government's credit rating from Aaa to Aa1, citing a ballooning budget deficit and fiscal concerns. The downgrade puts the dollar's status...

Elon Musk's AI chatbot Grok disputed claims from the White House that the GOP's "one big, beautiful bill" contained over a trillion dollars in savings.

Trump believes immigration can solve every problem.

"Successive US administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal deficits and growing interest costs."

The bill arriving in Congress could add an estimated $3.8 trillion to the federal deficit through 2034.

Max Verstappen says it is unrealistic to expect Red Bull to close its race pace deficit with McLaren in the short term despite a range of upgrades coming to the 2025 Formula 1 car.

Max Verstappen says it is unrealistic to expect Red Bull to close its race pace deficit with McLaren in the short-term despite a range of upgrades coming to the 2025 Formula 1 car.

A production of the musical Sunset Boulevard helped drag Opera Australia's finances to an operating deficit of $10.6 million in 2024.

The Briton is 16 points adrift of McLaren team-mate Oscar Piastri after six races.