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US budget deficit tops $1.8 trillion in fiscal 2024
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.
US budget deficit tops $1.8 trillion in fiscal 2024, third-largest on record
The U.S. budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the COVID era, as interest on the federal debt exceeded $1 trillion for the first time and spending grew for the Social Security retirement program,
US budget deficit widens to $1.8 tn, third highest on record
The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on greater spending, including for interest on the public debt.
4h
on MSN
Nearly 800,000 New Yorkers collected welfare checks last fiscal year — most in decades
The number of New Yorkers who received welfare checks last fiscal year is 19.1% more than the 660,800 recipients in fiscal ...
2d
AI helped the feds catch $1 billion of fraud in one year. And it’s just getting started
Machine learning AI helped the US Treasury Department to sift through massive amounts of data and recover $1 billion worth of ...
Iowa Public Radio
20h
Iowa expected to take in less revenue next year than it's spending this year
Iowa’s state revenue is expected to decline by about $1 billion over a two-year period because of major tax cuts signed into ...
justthenews
19h
Harvard sees $150M drop in donations for 2024 fiscal year amid backlash for antisemitic protests
Donations were down by $151 million in fiscal year 2024, compared to fiscal year 2023. Donors pulled a total of $193 million from Harvard's endowment in 2024, but new donations increased by $42 ...
2d
Harvard endowment grows during turbulent academic year
The Ivy League school’s portfolio of private equity, hedge funds, real estate, and other investments gained 9.6 percent in ...
Pensions&Investments
2d
Harvard endowment returns 9.6% for fiscal year
Harvard University ’s endowment posted a return of 9.6% for its fiscal year ended June 30, and the value of the portfolio ...
fingerlakes1
2d
DiNapoli: State tax receipts track $682M above projections for first half of fiscal year
New York State tax receipts totaled $54.6 billion through the first six months of the 2024-25 fiscal year, surpassing ...
15h
on MSN
Pensacola reaches record passenger count this fiscal year
Pensacola International Airport achieved a record passenger count this fiscal year, serving over 3 million passengers, city officials said.
2d
on MSN
Ark Invest's flagship fund realized $3.5 billion in losses in a year. Here were its 10 biggest losers.
The last few years have been tough on the speculative growth trade that Cathie Wood's Ark funds have focused on.
World Bank
8h
World Bank Group Sanctions System Annual Report for Fiscal Year 2024
This annual report covers fiscal year 2024 (FY24) - from July 1, 2023 to June 30, 2024 - and describes the activities of the ...
6h
on MSN
US Interest Burden Hits 28-Year High, Escalating Political Risk
The US debt interest-cost burden climbed to the highest since the 1990s in the financial year that’s just ended, escalating ...
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