#deficit

2:43pm, 13th February, 2019

U.S. posts another budget deficit as tax revenues sag

The U.S. federal government ran a $14 billion budget deficit in December as revenues sagged following last year's tax cuts even as the economy appeared strong, Treasury Department data showed on Wednesday.

U.S. government posts widest deficit since 2012

2:02am, 16th October, 2018

Business

U.S. government posts widest deficit since 2012

The U.S. government closed the 2018 fiscal year $779 billion in the red, its highest deficit in six years, as Republican-led tax cuts pinched revenues and expenses rose on a growing national debt, according to data released on Monday by the Treasury...

Italy says won't change deficit goal despite EU 'threats'

3:54am, 2nd October, 2018

World

Italy says won't change deficit goal despite EU 'threats'

Italy dug in its heels on Tuesday over its budget deficit despite pressure from authorities in Brussels and its EU partners, as Deputy Prime Minister Luigi Di Maio backed the uncompromising line of his coalition ally.

Italy president, central banker warn government over deficit plan

12:58pm, 29th September, 2018

World

Italy president, central banker warn government over deficit plan

Italy's president and its central bank governor on Saturday warned that the country's debt must remain sustainable after the populist government unveiled plans to significantly raise deficit spending next year.

Italy's coalition willing to keep deficit below 2 percent of GDP: source

3:04pm, 25th September, 2018

World

Italy's coalition willing to keep deficit below 2 percent of GDP: source

The ruling coalition is willing to keep Italy's public deficit below 2 percent of gross domestic product next year, a government source said, signaling a compromise that boosted the Italian bond market on Tuesday.

Budget deficit jumps in August, but little pressure on Hammond

6:25am, 21st September, 2018

UK

Budget deficit jumps in August, but little pressure on Hammond

Britain's budget deficit unexpectedly widened in August, driven by subdued tax receipts, a rise in the state pension and higher EU budget payments, but Chancellor Philip Hammond probably still has room to ease his grip on spending later this yea...

8:37am, 26th July, 2018

Business

U.S. business spending on equipment strong; trade deficit widens

New orders for key U.S.-made capital goods increased more than expected in June and shipments surged, pointing to solid growth in business spending on equipment in the second quarter.

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U.S. posts another budget deficit as tax revenues sag

U.S. government posts widest deficit since 2012

Italy says won't change deficit goal despite EU 'threats'

Italy president, central banker warn government over deficit plan

Italy's coalition willing to keep deficit below 2 percent of GDP: source

Budget deficit jumps in August, but little pressure on Hammond

U.S. business spending on equipment strong; trade deficit widens

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