U.S. government records $146.8 billion May deficit
Tuesday, 12 June 2018 WASHINGTON (AP) — The federal government recorded a budget deficit of $146.8 billion in May, helping push the total deficit so far this year 23 percent above the same period a year ago. Last month’s deficit followed a surplus of $214.3 billion in April, a month that traditionally ends in the black because of the […]
LONDON (Reuters) - World stocks hovered near one-month highs on Wednesday as an expected U.S. interest rate rise and risks of a fresh outbreak of trade tensions between China and the United States overshadowed a generally benign political and economic backdrop. Wall Street appeared set for a modestly...
WASHINGTON (AP) — The federal government recorded a $76.9 billion deficit in July, with increased government spending and tax cuts keeping the country on track... Seattle Times - Front PageAlso reported by •SeattlePI.com
According to Reuters, China proposed $60 billion worth of retaliatory tariffs on US goods.
Earlier in the week, the Trump administration upped the ante in an escalating trade dispute with the Chinese..
The U.S. trade deficit recorded its biggest increase in more than 1-1/2 years in June. The boost to exports from soybean shipments faded, while higher oil prices lifted the import bill. Reuters reports..