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US budget deficit tops $1.8 trillion in fiscal 2024
US budget deficit tops $1.8 trillion in fiscal 2024, third-largest on record
The U.S. budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the COVID era, as interest on the federal debt exceeded $1 trillion for the first time and spending grew for the Social Security retirement program,
U.S. budget deficit in fiscal 2024 swells to third-highest level on record
The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued to swamp revenue.
Federal government ends fiscal year with $1.8 trillion deficit
WASHINGTON -- The federal government ended the previous fiscal year with a deficit exceeding $1.8 trillion with net interest on the national debt having a larger impact on total outlays than fiscal year 2023.
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on MSN
U.S. Postal Service performance dropped significantly in Fiscal Year 2024 across multiple metrics
U.S. Postal Service performance in the Houston region was down across multiple key metrics in Fiscal Year 2024 compared to ...
Committee for a Responsible Federal Budget
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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 ...
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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 ...
5h
Prosus to Boost E-Commerce Profit to $400 Million for 2025 Year
Prosus NV plans to deliver $400 million in adjusted earnings before interest and tax from its e-commerce operations in the ...
3d
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 ...
fingerlakes1
3d
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 ...
5h
Treasury 10-Year Yields May Hit 5% in Six Months, T. Rowe Says
Benchmark Treasury yields may soon hit a key level on the back of rising inflation expectations and concerns over US fiscal ...
4d
on MSN
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.
1d
on MSN
Nearly 800,000 New Yorkers collected welfare checks last fiscal year — most in decades
New York City shelled out cash assistance to 787,400 residents last fiscal year — the most welfare checks it’s issued in at ...
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