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US BUDGET DEFICIT
Trump, hoping to salvage midterms, makes a dubious pledge to give every US adult $5,000 if GOP winsPresident Donald Trump pledged $5,000 to every adult American if Republicans win elections. This extraordinary promise would cost over one ...- Trump’s $5,000 dividend: Who could receive the payment, how much the plan could cost, where the money may come from and what happens nextUS President Donald Trump pledged Wednesday to send every American adult $5,000 if Republicans retain control of the House and Senate in th...
- Trump’s $5,000 dividend check: What we know about the promised payment, its $1.2 trillion cost and who would qualifyDonald Trump has proposed a $5,000 payment to each adult citizen if Republicans secure victory in Congress. This ambitious plan, estimated ...
- Trump keeps heralding an economic boom, but even a solid jobs report is causing problems for himPresident Trump voiced his dissatisfaction regarding the state of the economy, attributing inflation and financial difficulties to both mar...
- Fed's Waller says safety premium for Treasuries is gone, pushing neutral rate higherFed Governor Christopher Waller said the loss of the traditional safety premium on US Treasuries is pushing the neutral interest rate highe...
- Ahead of Market: 10 things that will decide stock market action on FridayThe Indian stock market closed lower Thursday, with Sensex down 417 points and Nifty falling 41 points, pressured by high oil prices, bond ...
- Trump’s second-term policies put US finances under growing strain as debt tops $40 trillionDuring President Trump's presidency, the national debt of the U.S. has ballooned to over forty trillion dollars. Federal expenditures are o...
- Trump pledged fiscal restraint. Instead, debt tops $40 trillion as borrowing costs riseUS debt: While voters may not focus on the issue until the country's fiscal problems translate into benefit cuts or tax hikes, the fallout ...
- US stock market: Bessent dismisses US bond market turmoil concerns, points to economic strengthU.S. Treasury Secretary Scott Bessent reassured markets by minimizing concerns over turbulence and debt. He emphasized that robust economic...
- Europe expands AI computing network with €390 million order from France's BullThe European Union's supercomputing body EuroHPC selected Bull to build LUMI-AI, the sixth machine ordered under its AI Factories programme...
- US plans to sanction another bank in effort to clamp down on Iran transactions: Scott BessentUS Treasury Secretary Scott Bessent said the Trump administration will impose sanctions on another bank this week as Washington intensifies...
- India's FY27 growth seen at 7-7.2% as capex, domestic demand offset global headwinds: EYIndia's real GDP growth is likely to remain resilient at 7 per cent-7.2 per cent in FY27, supported by buoyant domestic demand and continue...
- Fed, BOJ, AI Boom and Elections: What markets are watching nextAs traders emerge from their holiday break, global markets brace for fluctuations. The ongoing geopolitical tensions keep energy prices in ...
- Bitcoin tops $80,000 for first time since May as soft dollar, debasement fears boost momentumBitcoin surged above $80,000 to a more than three-month high, gaining 16% since last week and 28% in August. A weaker US dollar, softer bon...
- Global Market: Fiscal dominance debate takes centre stage as government debt mountsRising government debt and borrowing costs are bringing the issue of fiscal dominance back into focus, with concerns that central banks cou...
- US debt burden raises longer-term risks as borrowing costs riseUS government debt remains a cornerstone of global financial markets, but rising borrowing costs, persistent fiscal deficits and stronger c...
- US Treasury Secretary may have a tough time dealing with yieldsTreasury Secretary Scott Bessent initiated a "Treasury twist" to influence bond yields. This move aimed to lower long-term borrowing costs ...
- Global Market Today: Asian stocks dip with AI in focus, oil declinesMSCI’s Asia Pacific equities gauge dipped 0.1%, with the Kospi Index in South Korea — a bellwether for AI investments — falling 1.2%. Howev...
- Charting the Global Economy: UK payrolls slide, inflation risesThe latest figures show the UK labor market is faltering, with job vacancies reaching a five-year low. Inflation rates have intensified, fu...
- US deficit reaches $1.8 trillion in first 10 months of fiscal 2026US federal budget deficit hit a record $432 billion in July, taking the fiscal 2026 shortfall to $1.799 trillion in the first 10 months. Hi...
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