Latest in Deficit Forecast
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English councils forecast £9.3bn deficit in three years, analysis shows
Bennett Institute research underlines scale of strains social care placing on local government financingBusiness - Financial Times - October 25 -
Mexico ups deficit forecast as economists warn of slowing growth
Budget sets out sharp cuts to public spending as new government seeks to restore fiscal credibilityWorld - Financial Times - 9 hours ago -
Deficits, Donald Trump and the dollar
How fiscal excess strengthens the currencyWorld - Financial Times - October 30 -
Queen's University to cut jobs as it faces £11m deficit
The university told BBC News NI it is planning to cut the jobs through a voluntary redundancy scheme.Top stories - BBC News - October 25 -
Job cuts 'inevitable' over £30m university deficit
Dundee University has told staff it faces "an extremely challenging period" for the higher education sector.Top stories - BBC News - 2 days ago -
IMF raises 2025 growth forecast
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story IMF sounds death knell over inflation, raises 2025 outlook International Monetary ...Politics - The Hill - October 22 -
Airbus Revenue, Earnings Beat Forecasts
Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.Business - The Wall Street Journal - October 30 -
Malaysia to revamp gasoline subsidies and raise taxes in a bid to narrow deficit
Malaysia will introduce new taxes and revamp gasoline, education and healthcare subsidies next year as part of aggressive reforms to narrow the country's fiscal deficitWorld - ABC News - October 18 -
U.S. budget deficit in fiscal 2024 swells to third-highest level on record
The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued to swamp revenue.Business - MarketWatch - October 19 -
‘Trump Trade’ of Large Tariffs and Deficits Looms as Market Braces for 2024 Election
As investors have focused on the potential fiscal and economic impact of the Republican candidate’s proposals, yields on Treasury debt have risen.Business - The New York Times - October 25 -
Dodgers overcome five-run deficit to win World Series
It's the eighth World Series title in franchise history for the Boys in Blue, and their second in five years.Top stories - CBS News - October 31 -
What will happen to the U.S. dollar, deficit and debt under Trump? Watch gold.
Gold’s performance may offer hints on what will happen to the U.S. dollar, and how the U.S. deficit and debt story will play out, as incoming U.S. President Donald Trump takes office, analysts say.Business - MarketWatch - November 8 -
Double-digit deficits are barely a speed bump for Patrick Mahomes and the Chiefs
Falling behind by a double-digit deficit is typically a death knell for most NFL teamsSports - ABC News - 3 days ago -
Republican Congress Could Mean Slashed Taxes and Heightened Deficits
Trump’s agenda could sink the U.S. government trillions of dollars further into debt.Business - Inc. - 3 days ago -
UK public borrowing exceeds official forecast in September
Data comes as chancellor Rachel Reeves prepares to raise taxes in next week’s BudgetBusiness - Financial Times - October 22 -
IMF upgrades UK growth forecast in boost to Reeves
Fund’s chief economist sees chance of more ‘aggressive’ Bank of England rate cuts as chancellor prepares for BudgetBusiness - Financial Times - October 22 -
Reeves welcomes IMF's improved UK economic forecast
The global financial institution predicts stronger UK growth of 1.1% this year and 1.5% next year.Top stories - BBC News - October 22 -
Lloyds beats earnings forecasts as lending rises
Mortgage book grows as customers take advantage of fall in interest ratesBusiness - Financial Times - October 23 -
A Trump victory would end ‘normal’ politics between UK and US
Keir Starmer defends Labour activists helping Kamala Harris but if former US president wins, such activity could become diplomatic liabilityBusiness - Financial Times - October 23 -
Heathrow says resumed dividends ‘probable’ as it raises forecasts
Airport’s peak summer season boosted by passengers transiting to Paris for OlympicsBusiness - Financial Times - October 23 -
American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss
American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.Business - CNBC - October 24 -
What's the mortgage interest rate forecast for November 2024?
After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.Top stories - CBS News - October 28 -
AMD reports record revenue but Q4 forecast disappoints
Advanced Micro Devices reported record Q3 revenue of $6.8 billio, up 18%. But the shares fell due to a disappointing forecast for Q4.Tech - VentureBeat - October 29 -
Halloween forecasts predict record temperatures in parts of the U.S.
East Coast and southern U.S. states experienced high temperatures this Halloween, with the heat forecast set to break records. CBS News 24/7 anchor Lana Zak reports on the weather and how New ...Top stories - CBS News - October 31 -
Ryanair profit drops as airline cuts passenger forecast
European low-cost carrier blames pressure on consumers for fall in faresBusiness - Financial Times - November 4 -
Rain forecasted in key swing states on Election Day
Rain is threatening to disrupt Election Day in several key swing states. A cold front is slicing through the middle of the country, bringing a threat of rain showers and thunderstorms from the ...Politics - The Hill - November 4 -
Election forecaster predicts 218-217 House
Sabato’s Crystal Ball, a prominent election forecaster, predicted Monday that this year’s elections will result in a House divided by one vote. “Just like the presidential race, the battle for the ...Politics - The Hill - November 5 -
538's final forecasts for the 2024 election
538's final forecasts for the 2024 election for president between Donald Trump and Kamala Harris, plus the Senate and House.Top stories - ABC News - November 5 -
Honda Motor Cuts Forecasts for Car Sales, Profit
The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.Business - The Wall Street Journal - November 6 -
What's the CD interest rate forecast for November 2024?
Interested in putting some money into a CD account this November? Here's what could happen with the rates on CDs.Top stories - CBS News - November 6 -
Goldman slashes European growth forecasts on Trump trouble
Elections have consequencesWorld - Financial Times - November 7 -
What's the gold price forecast for November 2024?
Planning to add gold to your portfolio soon? Here's where gold prices could be headed this month.Top stories - CBS News - November 8 -
Babcock Results Beat Forecasts on Strong Defense Demand
The defense company—a major contractor for the U.K. government—posted higher revenue and operating profits for the first half of its financial year fueled by geopolitical tensions.Business - The Wall Street Journal - 3 days ago -
Foxconn reiterates forecasts after record profits
Taiwanese contract manufacturer Foxconn on Thursday said it was reiterating its outlook but with better visibility after record earnings and profit.Business - MarketWatch - 2 days ago -
Brussels downgrades Eurozone growth forecast to 1.3%
Germany’s economic struggles weigh down on region as US continues to outpace EuropeBusiness - Financial Times - Yesterday -
Republican Sam Brown swings away in Nevada Senate debate amid polling deficit
GOP candidate Sam Brown spent Thursday’s Nevada Senate debate taking shots at Democratic Sen. Jacky Rosen, as he still faces a polling deficit with Election Day creeping nearer.Top stories - NBC News - October 18 -
U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark
The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said Friday.Business - CNBC - October 18 -
Worries about deficit spending after election bog down U.S. government debt
With about two weeks left before the Nov. 5 election, Treasury yields extending their climb from September’s lows on Monday — spurred in part by growing concern about the path of the U.S. deficit ...Business - MarketWatch - October 21 -
10-, 30-year Treasury yields end at highest since July as deficit worries grow
Monday’s selloff in U.S. government debt pushed long-dated yields to their highest levels in almost three months amid growing concern about the potential for rising deficit spending after the Nov. ...Business - MarketWatch - October 21