- U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year agoon June 11, 2025 at 7:34 pm
The U.S. government drifted further into red ink in May, with a burgeoning debt and deficit issue getting worse.
- Vance joins Trump in bashing Powell, says Fed committing 'monetary malpractice' by not cutting rateson June 11, 2025 at 4:10 pm
President Donald Trump and Vice President JD Vance are now double-teaming the Fed in an effort to get lower interest rates.
- U.S. inflation rises 0.1% in May from prior month, less than expectedon June 11, 2025 at 1:48 pm
The consumer price index was expected to rise 0.2% in May, with a 12-month inflation rate of 2.4%.
- World Bank sharply cuts global growth outlook on trade turbulenceon June 10, 2025 at 3:24 pm
"This would mark the slowest rate of global growth since 2008, aside from outright global recessions," the World Bank said of its forecast.
- Bulgaria is set to join the euro zone. But its citizens aren't convincedon June 10, 2025 at 7:57 am
The European Commission and European Central Bank have signed off on Bulgaria joining the euro zone.
- CEO recession expectations decline from April scare, survey sayson June 9, 2025 at 4:33 pm
The latest poll showed less than 30% of CEOs expected some sort of recession or slowdown over the next six months.
- Inflation fears receded in May as Trump eased some tariff threats, New York Fed survey showson June 9, 2025 at 4:25 pm
The one-year inflation outlook took a substantial dip, down to 3.2% — a 0.4 percentage point decrease from April.
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