Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to ...

February fiscal flows added a $360B+ private sector surplus, boosting liquidity and risk assets; Fed near peak rates.

Moody’s Ratings Service downgraded the United States's credit rating from the triple-A category to double-A. The federal government's credit rating dropped from Aaa to Aa1 due to an “increase over ...

The twin deficits hypothesis has long been central to macroeconomic debates, positing that a government’s chronic fiscal deficit may generate or exacerbate a current account deficit. This ...

Fitch Ratings said Wednesday the U.S. fiscal outlook remains strained, with large federal deficits expected to persist in the coming years on the view that there will not be "significant additional ...

Global public debt is rising, requiring urgent fiscal adjustments to ensure sustainability and resilience amid economic uncertainties and spending pressures. Global public debt is high, and rising. It ...

Topline: The One Big Beautiful Bill Act (OBBB) significantly improves our nation’s fiscal trajectory by including $1.7 trillion in mandatory savings—the most in United States history—and unleashing ...

Harvard reported an operating loss of $113 million — its first budget deficit since 2020 — as its financial footing shakes from disruptions to federal funding, even as the total value of its endowment ...