Latest in Stare Massive Deficits
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Trade deficits are a distraction — focus instead on the debt
Broad-based increases in tariff barriers to reduce the trade deficit will be ineffectual, counterproductive and ultimately pointless.The Hill - 1h -
U.S. Trade Deficit Hit Record in 2024 as Imports Surged
A strong dollar helped drive an uptick in U.S. imports last year, while export growth remained modest.The New York Times - 1h -
Trump Prepares to Take On the US Trade Deficit, a Familiar Nemesis
The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again.The New York Times - 1h -
China and Mexico ran the biggest trade deficits with the U.S. in 2024. What about Canada?
The U.S. ended 2024 with the second-largest trade deficit on record — and China and Mexico were the countries that benefited most from sending goods to America. Canada? Not so much.MarketWatch - 1h -
Second leg of EFL Carabao Cup semifinals arrives: Can Arsenal overturn a two-goal deficit vs. Newcastle?
Elsewhere on the Golazo Starting XI newsletter, NWSL agrees to pay $5 million over harms to playersCBS Sports - 2h -
U.S. trade deficit hits second highest level ever as Trump weighs more tariffs
The trade deficit surged in December and the U.S. finished 2024 with the second largest gap ever, perhaps in part because some businesses sought to bring in more imports before President Trump ...MarketWatch - 5h -
Republicans stare down massive deficits to extend Trump tax cuts
Caught between the debt and their tax base, Republicans are considering some novel ways to account for the cost of their legislative agenda as disagreements over budget cuts look set to hamstring ...The Hill - 9h -
Newcastle vs. Arsenal: Gunners can overturn two-goal EFL Cup semifinal deficit if they keep creating chances
Throughout swings in form, Arsenal have never stopped being dangerous in attack, they just need Kai Havertz to convertCBS Sports - 1d -
Former Flyers Forward Lands Massive Suspension
This former Flyers forward has received a big suspension.Yahoo Sports - 1d -
India's finance minister faces a tough choice crafting the annual budget — boost growth or cut deficit?
This is the coalition government's first full-year budget after its assuming power in June.CNBC - 6d -
Manchester City saved by Savinho in Champions League, overturn one goal deficit to win 3-1 and advance
After being down a goal at halftime, City rallied to sneak into the top 24CBS Sports - 6d -
FireAid is the latest in a long line of massive benefit concerts
FireAid, featuring Billie Eilish, Lady Gaga, Sting, Red Hot Chili Peppers and others in a fundraiser for Los Angeles-area wildfire relief efforts, is the latest event to combine music and philanthropyABC News - Jan. 29 -
U.S. trade deficit in goods hits record high just before Trump took office. It won’t be easy to reduce them.
The U.S. posted a record trade deficit in good in 2024, spotlighting what is likely to be running sore spot under the second administration of President Trump.MarketWatch - Jan. 29 -
Pete Hegseth’s confirmation was a massive mistake
Republicans confirmed a brash, ambitious, historically unwise neophyte.The Hill - Jan. 29 -
Chip Roy says he's not at GOP retreat, 'spending $2K to hear more excuses for increasing deficits'
Rep. Chip Roy (R-Texas) confirmed he was not in attendance at the Florida retreat for House Republicans while taking a shot at those who were present. “It is being reported I am not at the ...The Hill - Jan. 28 -
Massive sinkhole swallows truck, trapping driver inside
The driver was able to talk with rescuers but they retreated after the area around the hole became unstable, a spokesperson said.CBS News - Jan. 28 -
Trump urged not to put massive tariffs on UK
Business Secretary Jonathan Reynolds says there is no need for tariffs because the US has no goods trade deficit with the UK.BBC News - Jan. 24 -
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.The Wall Street Journal - Jan. 24 -
Morris Chestnut on staring as Dr. John Watson in CBS show "Watson"
In the CBS show "Watson," Morris Chestnut takes on the role of Dr. John Watson, who, after the death of Sherlock Holmes, resumes his medical career while solving mysteries on his own. He joins "CBS ...CBS News - Jan. 22 -
GOP leaders stare down legislative minefield after Trump's Day 1 blitz
President Trump made a big splash with dozens of executive actions on his first day in office, but now comes the hard part: getting Republicans in Congress in line to usher an ambitious legislative ...The Hill - Jan. 22 -
Maple Leafs score 7 unanswered goals to erase 3-goal deficit and rout Canadiens 7-3
The Toronto Maple Leafs scored seven unanswered goals to overcome a three-goal first-period deficit for a 7-3 win over the Montreal CanadiensABC News - Jan. 18 -
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 trillion in fiscal 2025. The nonpartisan budget scorekeeper estimated that federal spending ...The Hill - Jan. 17 -
India is staring at an 'oil shock' as U.S. sanctions on Russian crude loom
India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's oil industry.CNBC - Jan. 17 -
U.S. budget deficit swells to record $711 billion in first quarter of fiscal year
The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39%, the Treasury ...MarketWatch - Jan. 14 -
House Republicans face massive debt problem
House Republicans have a problem. They want to pass a massive agenda for President-elect Trump, preferably in his first 100 days of office. And they don’t want to add to the federal deficit. That ...The Hill - Jan. 11 -
Candy Crush Solitaire Brings The Classic Card Game To The Massive Mobile Franchise
Candy Crush is getting another feather in its cap. Rather than offering another twist on match-three puzzling, Candy Crush Solitaire will bring the franchise's sickly sweet aesthetic to the card ...GameSpot - Jan. 10 -
Chinese lenders have a massive challenge: They can't lend enough
Chinese onshore banks and funds have flocked to government bonds amid a gloomy economic outlook as hopes for meaningful policy push fade.CNBC - Jan. 10 -
FEMA director discusses federal response to massive Palisades Fire
FEMA Administrator Deanne Criswell joins "CBS Mornings" to talk about the federal government's response to the Palisades Fire, which has burned over 17,000 acres in Los Angeles County and left ...CBS News - Jan. 9 -
Fallout Season 2 Production Delayed Due To Massive California Fires
The massive Palisades blaze in Southern California has prompted production to halt on a variety of projects in and around Los Angeles, including Fallout Season 2. The sophomore season was ...GameSpot - Jan. 8 -
Latest weather forecast as massive California wildfires spread
The strong winds fueling the wildfires in Los Angeles County spread quickly and led to thousands of evacuations. CBS News Los Angeles teams break down how the fires took over, and CBS News Bay Area ...CBS News - Jan. 8 -
What to know about Florida's massive falling iguanas when temperatures drop
When temperatures drop in South Florida, it can cause a big problem for Floridians: falling iguanas. When it gets too cold, the large invasive reptiles — which can grow to be up to 5 feet long and ...CBS News - Jan. 7 -
Fury would be 'massive favourite' against Joshua - Jones
Tyson Fury would be a "massive favourite" against Anthony Joshua, says Barry Jones - who wants to see the fight happen this year.BBC News - Jan. 7 -
Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill
Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a massive party-line bill that they are crafting that will encapsulate ...The Hill - Jan. 7 -
Trump confronts high trade deficits again as he weighs tariffs. But there’s no quick fix.
The U.S. trade deficit rose 6% to nearly $80 billion near the end of 2024, leaving Donald Trump with a gap that’s almost twice as high as when he first took office as president eight years ago.MarketWatch - Jan. 7 -
9 million tulips, spinning library shelves: The massive backlot builds of 'Wicked'
'I'm not interested in standing in front of a blue screen with a digital design,' says 'Wicked' production designer Nathan Crowley. 'I want to make things.'Los Angeles Times - Jan. 7 -
OpenAI begins 2025 with massive hype for AGI, superintelligence
The AGI and superintelligence hype has hit a fever pitch unlike any I've seen in my 15 years writing about technology.VentureBeat - Jan. 6 -
Newsom proposes 'balanced' budget with no deficits
California Gov. Gavin Newsom (D) on Monday proposed a $322 billion budget that he said would be "balanced" and without deficits — marking a significant turnaround after two years of shortfalls. ...The Hill - Jan. 6
