California city's massive $130M deficit threatens dangerous cuts to its firefighting capacity
The city of Oakland will lose 30% of its firefighting capacity in the next two weeks due to the city’s $129.8 million budget ...
‘We’ve had our hands in the cookie jar for a long period of time’ — Keebeck Wealth Management’s CEO weighs in on the federal deficit
Diane Brady talks to Keebeck Wealth Management CEO Bruce Lee about the federal deficit. The big story: 70 feared dead in ...
Indiana’s athletic department reports a deficit despite bringing in a record $173.5M in revenue
Indiana athletics reported a rare deficit for the 2024 fiscal year despite bringing in a record $173.5 million in revenue: ...
Fiscal Deficit for FY26 estimated at 4.4% of GDP
Finance Minister Nirmala Sitharaman sets fiscal deficit targets, aims to reduce debt-GDP ratio to 56% by FY26.
Canada budget deficit over first eight months of 2024/25 jumps to C$22.72 billion
Canada recorded a slightly higher C$22.72 billion ($15.66 billion) budget deficit for the first eight months of the 2024/25 ...
San Francisco mayor grapples with city’s historic budget deficit
We have to get people off the street and into mental health and drug treatment," San Francisco Mayor Daniel Lurie told more ...
Colombia Missed 2024 Fiscal Deficit Limit by $5 Billion
Colombia breached its fiscal deficit limit last year while spending cuts planned for 2025 are inadequate, according to the ...
Utah Athletics took on budget deficit before joining Big 12, per report
The University of Utah's athletics department reported a $17 million budget deficit for the 2024 fiscal year, marking its ...
Record US goods trade deficit seen cutting into fourth-quarter GDP growth
The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial ...
Turkey Plans to Raise Tax on Lira Deposits to Cut Budget Deficit
Turkey is planning to increase the tax on lira deposits and money market funds in coming days, as it seeks to narrow a budget ...