Committee for a Responsible Federal Budget2d
Fiscal Year 2024 Ends with $1.8 Trillion Deficit
The U.S. Treasury Department today released the final Monthly Treasury Statement for Fiscal Year (FY) 2024, confirming the budget deficit totaled $1.8 trillion. The following is a statement from Maya ...
Nearly 800,000 New Yorkers collected welfare checks last fiscal year — most in decades
The number of New Yorkers who received welfare checks last fiscal year is 19.1% more than the 660,800 recipients in fiscal ...
AI helped the feds catch $1 billion of fraud in one year. And it’s just getting started
Machine learning AI helped the US Treasury Department to sift through massive amounts of data and recover $1 billion worth of ...
Harvard endowment grows during turbulent academic year
The Ivy League school’s portfolio of private equity, hedge funds, real estate, and other investments gained 9.6 percent in ...
justthenews2d
Harvard sees $150M drop in donations for 2024 fiscal year amid backlash for antisemitic protests
Donations were down by $151 million in fiscal year 2024, compared to fiscal year 2023. Donors pulled a total of $193 million from Harvard's endowment in 2024, but new donations increased by $42 ...
fingerlakes13d
DiNapoli: State tax receipts track $682M above projections for first half of fiscal year
New York State tax receipts totaled $54.6 billion through the first six months of the 2024-25 fiscal year, surpassing ...
Iowa Public Radio2d
Iowa expected to take in less revenue next year than it's spending this year
Iowa’s state revenue is expected to decline by about $1 billion over a two-year period because of major tax cuts signed into ...
Ark Invest's flagship fund realized $3.5 billion in losses in a year. Here were its 10 biggest losers.
The last few years have been tough on the speculative growth trade that Cathie Wood's Ark funds have focused on.
US Interest Burden Hits 28-Year High, Escalating Political Risk
The US debt interest-cost burden climbed to the highest since the 1990s in the financial year that’s just ended, escalating ...