US budget deficit hits all-time high of $864 billion in June
The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the…
UConn eliminates four sports in COVID-19 related budget cuts
The University of Connecticut has decided to eliminate four athletic teams as it deals with an expected budget deficit driven…
Report: State, local aid needed to avert 4 million layoffs
WASHINGTON — A new private sector report is warning anew of continuing damage to the economy if Washington doesn’t deliver…
UK interest rates cut, funds freed up to ease virus impact
LONDON — Britain took bold steps on Wednesday to cushion the economic shock of the coronavirus outbreak, as the government…
Biden invokes Obama, swipes at Sanders with six-state ad buy
Joe Biden’s presidential campaign is plowing $12 million into a six-state ad buy ahead of the March 10 and March…
US budget deficit jumps 23% through June
The U.S. budget deficit increased by $140 billion during the first nine months of this budget year to $747.1 billion…
Talks on trillion-dollar US budget bill reach crucial stage
Top-level congressional talks on a $1.3 trillion catchall spending bill are reaching a critical stage as negotiators confront immigration, abortion-related…