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U.S. Deficit Hits a Record $1.15 Trillion Dollars

Federal budget deficit hits record $1.1T in first 5 months of fiscal year

New data from the Treasury Department shows the federal deficit is $318 billion larger in the first five months of fiscal year 2025 compared with the last fiscal year.

Reuters on MSN · 1d

US October-February budget deficit hits record $1.147 trillion

The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said on Wednesday, including a $307 billion February deficit for President Donald Trump's first full month in office that was up 4% from a year earlier.

Honolulu Star-Advertiser · 1d

U.S. budget deficit soars past $1.1T as spending outpaces revenue

WASHINGTON >> The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said today, including a $307 billion February deficit for President Donald Trump’s first full month in office that was up 4% from a year earlier.

Barron's on MSN · 1d

U.S. Deficit Hits a Record $1.15 Trillion Over 5 Months

Data disclosed by the Treasury Department showed an adjusted gap between federal spending and revenue of $1.063 trillion for October through February.

Wall Street tumbles 10% below its record

The Press Democrat · 4h

Wall Street tumbles 10% below its record for first 'correction' since 2023 on Trump's trade war

NEW YORK — Not even a double-shot of good news on the U.S. economy seems to be enough to stop Wall Street’s bleeding. Stocks fell Thursday after President Donald Trump upped the stakes in his trade war by threatening huge taxes on European wines and alcohol.

The Associated Press on MSN · 7h

Wall Street tumbles 10% below its record after Trump escalates his trade war

In the bond market, Treasury yields lost an early gain to sink lower. The yield on the 10-year Treasury fell to 4.26% from 4.32%. The yield has been mostly dropping since January, when it was approaching 4.80%, as traders and economists have ratcheted back their expectations for U.S. economic growth.

Reuters on MSN · 11h

Wall Street slides as trade war escalates, S&P 500 confirms correction

Wall Street ended sharply lower on Thursday and the S&P 500 confirmed it is in a correction after cool inflation data was overshadowed by fears that the escalating tariff war being waged by the United States against some of its biggest trading partners could reignite inflation and tip the economy into recession.

U.S. federal spending hits record high

Daily Wrap on MSN · 19h

Musk's cuts miss the mark as US spending hits record high

Elon Musk, head of the Department of Government Efficiency (DOGE), was tasked with reducing US federal spending. However, despite plans for cuts, spending rose to a record $603 (€554) billion, according to The Financial Times.

Newsweek on MSN · 1d

Elon Musk's DOGE Cuts Fail to Stop US Federal Spending Hitting New Record

Overall government spending reportedly rose by $40 billion, a 7 percent increase compared to the same month last year.

essanews.com on MSN · 19h

Elon musk's cost-cut mission sees record $603b federal spend

Elon Musk, leading the Department of Government Efficiency (DOGE), was tasked with reducing U.S. federal spending. Despite plans for cuts, spending rose to a record $603 billion, according to the news service The Financial Times.

5hon MSN

Gold climbs to record high on trade tensions, US rate outlook

Gold reached an all-time high on Friday, driven by uncertainty over U.S. tariffs, trade tensions and growing expectations of ...

16h

Alex Ovechkin odds: When will he break Wayne Gretzky's scoring record?

Ovi is just nine goals away from breaking Gretzky's scoring record. Will he do it this season? And if so, against which team ...

31m

Asia shares steady; gold at record high as trade war ratchets up

Asia shares rose on Friday and global markets attempted a rebound after a brutal selloff, while gold reached a record as an ...

Asia Gold Discounts in India hit 8-month high as record prices weigh on demand

Gold discounts in India widened this week to their highest point in nearly eight months, as a surge in prices to a record ...

4hon MSN

The NFL record new Bears slot receiver set with his first catch

Breaking down the career of Bears receiver Olamide Zaccheaus after the NFL record setter signed as a free agent following a ...

Gold mounts record summit, eyes $3,000 peak

Gold hit a record high on Friday, as uncertainty over U.S. tariffs and fears of trade tensions propelled prices, along with increased expectations of monetary policy easing by the Federal Reserve.

12hon MSN

Joy Beune wins, Martina Sablikova ties record, U.S. earns team bronze at speed skating worlds

Joy Beune confirmed she's the new Dutch distance queen, Czech Martina Sablikova won a record-tying 27th medal and the U.S.

14hon MSN

A $60 Million Condo Sale Sets a Record for Downtown Manhattan

The duplex at coveted 150 Charles Street was sold by hedge-fund manager Harsh Padia and his wife, Purvi Padia.

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U.S. Deficit Hits a Record $1.15 Trillion Dollars

Wall Street tumbles 10% below its record

U.S. federal spending hits record high

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