Fiscal Swells
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Business - MarketWatch
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.7 hours ago -
World - Financial Times
China’s investors are counting on fiscal stimulus
Recent market rally will peter out without decisive policy action to boost the economy2 days ago - China -
World - Financial Times
FirstFT: Musk backs Trump election bid with $75mn donation
Also in today’s newsletter, luxury shares fall after poor LVMH results and Boeing raises new capital2 days ago - Donald Trump -
Business - Financial Times
Chinese stocks gain after Beijing lays out fiscal plans
Government plans to increase spending to boost world’s second-largest economy4 days ago - China