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U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago

The U.S. government drifted further into red ink in May, with a burgeoning debt and deficit issue getting worse.

Published 11 June 2025
Categorised as Finance News

U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago

The U.S. government drifted further into red ink during May, with a burgeoning debt and deficit issue getting worse.

Published 11 June 2025
Categorised as Finance News

State AGs led by NY’s Letitia James pressure Meta to clean up investment scams on Facebook

Meta, the parent company of Facebook, Instagram and Whatsapp, is struggling to control the rise of cyber scams on its platforms.

Published 11 June 2025
Categorised as Finance News

Stocks making the biggest moves midday: Oklo, Chewy, Quantum Computing, GitLab and more

These are the stocks posting the largest moves midday.

Published 11 June 2025
Categorised as Finance News

Stocks making the biggest moves premarket: Tesla, Dave & Buster’s, GameStop, GitLab and more

These are the stocks posting the largest moves in premarket trading.

Published 11 June 2025
Categorised as Finance News

Vance joins Trump in bashing Powell, says Fed committing ‘monetary malpractice’ by not cutting rates

President Donald Trump and Vice President JD Vance are now double-teaming the Fed in an effort to get lower interest rates.

Published 11 June 2025
Categorised as Finance News

U.S. inflation rises 0.1% in May from prior month, less than expected

The consumer price index was expected to rise 0.2% in May, with a 12-month inflation rate of 2.4%.

Published 11 June 2025
Categorised as Finance News

U.S. inflation rises 0.1% in May from prior month, less than expected

The consumer price index was expected to rise 0.2% in May, with a 12-month inflation rate of 2.4%.

Published 11 June 2025
Categorised as Finance News

China, U.S. officials reach agreement for allowing rare earth, tech trade. Now it’s up to Trump and Xi

The U.S. and China have reached consensus on trade, representatives from both sides said after high-level talks in London.

Published 11 June 2025
Categorised as Finance News

China, U.S. officials reach agreement for allowing rare-earth, tech trade. Now it’s up to Trump and Xi

The U.S. and China have reached consensus on trade, representatives from both sides said after high-level talks in London.

Published 11 June 2025
Categorised as Finance News

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