The U.S. holds a unique position with its global reserve currency, but rising deficits pose risks. Read more here.

Saudi Arabia on Tuesday approved a budget for 2025 that projected a smaller deficit than last year as officials recalibrate a ...

Cuts in funding for the Internal Revenue Service, long eyed by Republicans in Congress, would increase the federal deficit by ...

By Yousef Saba, Rachna Uppal and Nayera Abdallah RIYADH/DUBAI (Reuters) - Saudi Arabia approved its state budget on Tuesday ...

Australia’s budget deficit is likely to swell beyond forecasts, in a reversal of previous years when massive revenue upgrades ...

On Friday, faculty leaders in the College of Arts, Humanities and Social Sciences — the university’s largest academic unit — ...

Global platinum supply is forecast to fall short of demand for a third consecutive year in 2025, with automotive demand ...

Iowa State saw its 18-point lead evaporate in the second half, as Auburn rallied and won with a last-second tip-in during the ...

Jack Eichel scored the lone goal in a shootout on Monday as the Vegas Golden Knights rallied for a 5-4 victory over the host ...

RJ Davis scored 30 points, Seth Trimble added 27, and No. 12 North Carolina come back from a 21-point deficit for a 92-90 win ...

Dennis Schroder scored 31 points, Cam Thomas added 23, and the undermanned Brooklyn Nets rallied to beat Stephen Curry and ...

To understand why a wrecking ball is needed, look at the annual budget deficit − $1.8 trillion in FY 2024. Enter Elon Musk ...