15+ hour, 50+ min ago   (463+ words) The U.S. budget deficit inched closer to $2 trillion after the first 11 months of fiscal year 2026, the Treasury Department reported on Sept. 11. August’s Monthly Treasury Statement showed the federal government logging a $167 billion shortfall, far below the consensus estimate of a $404 billion…...

21+ hour, 42+ min ago   (256+ words) The Commerce Department on Friday finalized steep duties on imports of solar cells and panels from India, Indonesia, and Laos, finding that producers in those countries dumped cheap products in the United States and benefited from unfair government subsidies. The…...

1+ day, 1+ hour ago   (269+ words) If the adjustment is 3.5 percent, the average monthly Social Security payment would rise by $67.90, from $1,940.08 to $2,007.98, according to the league. A person receiving $2,000 per month would receive about $70 more. Gasoline helped drive the broader inflation rate higher in August. Gas…...

1+ day, 12+ hour ago   (790+ words) Consumer inflation was stable in August despite the war in Iran upending global energy markets and reviving price pressures across the economy. August's annual inflation rate was unchanged at 3.4 percent, according to data from the Bureau of Labor Statistics—a…...

4+ day, 4+ hour ago   (481+ words) TORONTO—The United States is banning the import of some dairy products and motorcycles from Canada along with most alcoholic beverages, the White House said Tuesday. The ban will take effect in three weeks, on Sept. 29, and comes after retaliatory…...

4+ day, 4+ hour ago   (336+ words) President Donald Trump directed the General Services Administration (GSA) on Tuesday to take steps to remove Canadian-origin products from a Multiple Award Schedule that accounts for more than $50 billion a year in transactions. The GSA’s Multiple Award Schedule is a…...

4+ day, 21+ hour ago   (372+ words) China has injected approximately RMB 360 billion (US$53.4 billion) in capital into state-owned banks and insurance companies, in what has been described as Beijing "buying time with money" for a possible economic recovery. Combined with Bank of China, China Construction Bank,…...

5+ day, 2+ min ago   (325+ words) OTTAWA—Canada's retaliatory tariffs on U.S. goods took effect just after midnight on Tuesday as Prime Minister Mark Carney increased economic pressure on his country's biggest trading partner after negotiations collapsed last month, intensifying an 18-month-old trade war. The counter-tariffs…...

5+ day, 6+ hour ago   (323+ words) President Donald Trump says he’ll ban sales in America of products made by Canadian aviation giant Bombardier unless the company builds its products in the United States. His Sept. 7 comment comes a day before Canada’s 15 percent to 50 percent counter-tariffs on…...

5+ day, 7+ hour ago   (483+ words) Oil prices could climb to $120 a barrel if attacks on commercial shipping in the Persian Gulf broaden and intensify, according to Goldman Sachs, as escalating U.S.–Iran strikes keep crude flows well below prewar levels. The prospect of $120 crude was outlined…...