The trade deficit has long been a fixture in political debates, often presented as a sign that America is falling behind economically. Candidates talk about it as if it's a national failing, something ...

The federal government's budget deficit reached $2 trillion for the current fiscal year as the deficit has widened by nearly $100 billion from last year. The nonpartisan Congressional Budget Office ...

The federal budget gap narrowed more sharply than forecasters anticipated in November, offering a rare piece of good news in a fiscal landscape still dominated by red ink. The monthly shortfall came ...

One of the Trump administration’s biggest tariff boosters, Commerce Secretary Howard Lutnick, recently said tariffs not only will energize the U.S. industrial sector but also help the government’s ...

The monthly trade deficit continued to shrink in October after President Trump imposed sweeping tariffs on imports, the latest data showed.