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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 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.

MSNBC · 17h

Tariff turmoil: Dow continues to slide amid Trump trade wars

The Dow continues to slide amid President Trump's tariffs escalating a global trade war. Trump now has threatened to put a 200% tariff on European wine after the EU hit back with retaliatory tariffs.

CNN on MSN · 20h

Trump threatens 200% tariff on European alcohol as trade war escalates

President Donald Trump on Thursday threatened to impose a massive tariff on European alcohol in response to the European Union’s retaliation against his steel and aluminum tariffs – a tit-for-tat escalation of a trade war that could easily get out of hand.

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 ...

What's on Netflix31m

‘Record of Ragnarok’ Renewed for Season 3: Everything We Know About Its Netflix Return

A third season of Record of Ragnarok is in production. After six incredible rounds, humanity and the gods are tied at three wins apiece. With seven more pulsating fights to go, Netflix has confirmed ...

NBC4 WCMH-TV on MSN59m

Near record warmth to end the week, tracking severe storm threat

It is going to look and feel a lot more like summer today! Temperatures are on their way to the highest numbers we’ve seen ...

5hon MSN

Kings shut out Capitals; Alex Ovechkin still 9 goals from breaking Gretzky’s record

Quinton Byfield scores a goal for the fifth consecutive game and Darcy Kuemper makes 21 saves in the Kings' 3-0 win over the ...

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 ...

32m

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 ...

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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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