The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs ...

US customs duties climbed to a record in May, helping shrink the budget deficit for the month, while doubts remain about the ...

The Treasury Department recorded $23 billion in customs-duties revenue for May, according the agency's monthly budget ...

Bonds were mired in a sell-off for most of April and May as concerns swirled around mounting debt levels, the impact of ...

The Republican tax cut and spending bill could add trillions to the already massive deficit. Lisa Desjardins breaks down what ...

Trump's budget bill adds $2.4 trillion to the deficit, spiking bond yields and driving investors toward Bitcoin as a safe haven.

JPMorgan CEO Jamie Dimon highlighted the risks of rising U.S. debt and deficits, and he called for reforms to ensure economic ...

The approved budget avoids some earlier proposed cuts, such as closures of neighborhood pools and splash pads, ensuring these facilities will remain open for the summer.

Gross customs receipts jumped last month from $6 billion in May 2024 as Trump's tariffs on goods from nearly all trading ...