The U.S. budget deficit widened to $1.833 trillion in fiscal 2024 even as federal receipts reached a record. Final government data show how rising interest costs and higher spending outpaced revenue growth, which agencies drove the increase and why two widely cited measures of federal interest expense produce different totals. Key Takeaways The fiscal 2024 deficit
The U.S. budget deficit widened to $1.833 trillion in fiscal 2024 even as federal receipts reached a record. Final government data show how rising interest costs and higher spending outpaced revenue growth, which agencies drove the
The Bureau of Economic Analysis will revise how it measures several components of the Personal
The Fed Beige Book found that U.S. economic activity increased modestly in recent weeks while
The New York Fed tariff survey released on July 8 found that many businesses within
U.S. service sector growth moderated in June, according to the latest Institute for Supply Management
Cisco confirmed that its Cisco AI agents rollout will begin in August, introducing AI-powered workplace
NVIDIA has agreed to acquire Hugging Face in a transaction valued at $12.93 billion, bringing a major open-model developer platform under the AI chipmaker’s ownership.
