News

US budget surplus surges to $258 billion in April, year-to-date deficit tops $1 trillion
The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, ...
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US budget surplus surges to $258B in April, year-to-date deficit tops $1T
The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, the ...
Moody’s downgrades US credit as debt hits US$36t, Trump faces GOP backlash over deficit, tariffs
Moody’s US credit rating now at ‘Aa1’ Agency’s outlook on the country ‘stable’ Moody’s cites rising debt and interest costs ...
Ontario expects budget deficit to more than double in face of US tariffs
Ontario, Canada's most populous province and manufacturing powerhouse, on Thursday forecast its widest budget deficit since ...
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New Orleans has $70M deficit after Bourbon Street attack, will erase it by 'nickel-and-diming'
Chief Administrative Officer Gilbert Montaño said the deficit is “very manageable,” but it adds to pressure to the city ...
Historic US budget alarm replaces tariff anxiety
RELIEF following the tariff war de-escalation looks set to be quickly replaced by government budget tensions. Alarms are ...
Pay raises set for Sacramento mayor, council members despite city's deficit
This week, the city's compensation commission voted to approve the salary increases. Mayor Kevin McCarty's annual salary increases from $164,205 to $184,464. The pay for council members grows from ...
Moody’s Slashes United States’ Credit Rating Over Rising Government Debt And Interest
Financial ratings firm Moody’s Ratings downgraded the U.S. government’s credit ratings Friday, citing its rising debt and ...