The United States has seen a significant rise in its budget deficit at the start of the fiscal year, with the Treasury Department reporting a $711 billion shortfall for the October-December quarter.

WASHINGTON (Reuters) - The U.S. government posted an $87 billion budget deficit in December, reduced partly by a shift of benefit payments into November but capping a record $711 billion deficit ...

WASHINGTON (Reuters) -The U.S. current account deficit widened to a record high in the first quarter as businesses ...

WASHINGTON (Reuters) - The U.S. government posted an $87 billion budget deficit in December, reduced partly by a shift of benefit payments into November but capping a record $711 billion ...