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Canada Budget Deficit Widens in December to C$4.47 Billion

By Paul Vieira OTTAWA--Canada's budget deficit widened in December, as growth in spending on government initiatives and public-debt charges surpassed gains...

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Sweden Sees Budget Deficit in 2024, 2025; Raises Bond Issuance Targets -- Update

By Emese Bartha Sweden' National Debt Office expects a budget deficit for both this year and the next after three consecutive years of a budget surplus, and...

Sweden , Swedish , Gustav-helgesson , Karolina-ekholm , Emese-bartha , Nordea , Debt-office , Sweden-national-debt-office , National-debt-office , Office-director-general-karolina-ekholm , Article-normal , Economic-performance-indicators

Expanding the child tax credit could come from axing this fraud 'magnet'

Congress is considering a new bipartisan tax package that would expand the child tax credit and restore several business tax breaks, and the plan is to end a...

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U.S. budget deficit narrowed to $22 billion in January

The U.S. federal budget deficit narrowed to $22 billion in January, down from $39 billion in the same month last year, the Treasury Department said Monday.

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U.S. budget deficit expected to shrink in 2024 before resuming its rise

The 2024 U.S. budget deficit is projected to come in slightly smaller than last year’s, but longer term, the deficit will continue to rise, reaching $2.6...

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Ex-U.K. finance minister Kwasi Kwarteng to step down from politics

Kwarteng became the U.K.'s second shortest serving Chancellor of the Exchequer after announcing a disastrous mini-budget in 2022

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Canada Budget Deficit Widens in November on Public-Debt Charges, Jobless Benefits

By Paul Vieira OTTAWA-Canada's budget deficit widened in November from a year ago, as a solid gain in tax revenue was partly offset by increases of over 30%...

Ottawa , Ontario , Canada , Canadian , Chrystia-freeland , Paul-vieira , Tiff-macklem , Justin-trudeau , Business-council-of-canada , Finance-minister-chrystia-freeland , Business-council , Prime-minister-justin-trudeau

Germany, Europe's largest economy, shrank last year

Germany's economy shrank 0.3% last year as Europe's former powerhouse struggled with more expensive energy, higher interest rates, lack of skilled labor and...

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U.S. budget deficit swells to $129 billion in December

The U.S. federal budget deficit widened to $129 billion in December, up from $85 billion in the same month last year, the Treasury Department said Thursday.

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