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According to the latest estimate by the Congressional Budget Office, the U.S. government ran a budget deficit just shy of $1 trillion in the recently closed fiscal year......»»

Australia's treasurer said he will unveil the government's first balanced annual budget plan in a decade days before general elections are called......»»

The federal government posted a record budget deficit in February, pushing the overall deficit for the first five months of the budget year up 39 percent from a year ago......»»

Australia’s conservative government, trailing the center-left opposition in the polls, proposed tax cuts in its annual budget as it seeks to win back voters ahead of elections that must be called by early next year......»»

South Korea’s government has ringfenced $880 million in its annual budget next ye.....»»

Foreign investors are fleeing Italy’s bond market—the world’s third-largest, owing to the country’s huge debt load—ahead of a crucial budget test for its coalition government.....»»

European stocks are led decidedly lower on Friday after Italy’s antiestablishment government agreed to a 2019 deficit projection of 2.4% of gross domestic product, delivering a budget proposal that is likely to draw ire from the European Union......»»

Italy’s government set its budget deficit targets for 2020 and 2021 at lower levels than previously envisaged, after initial government plans had unnerved financial markets and European authorities......»»

Italy's deputy premier on Saturday brushed off a ratings downgrade and vowed to forge ahead with the government's rule-busting budget as Italy prepared to respond to European Union concerns about its high deficit targets......»»

Italy’s government vowed to forge ahead with its spending plans, despite warnings by the European Union that its proposed budget would breach the bloc’s fiscal rules, raising the prospect of a clash with Brussels......»»

British finance minister Philip Hammond will use his annual budget speech on Monday to urge his divided Conservative Party to get behind the government's push for a Brexit deal, or put at risk a long-awaited easing of austerity. Pascale Davies reports......»»

Reuter.....»»

Georgia boasts two Democratic US senators, Raphael Warnock and Jon Ossoff. But Republicans still retain firm control of state government. President Joe Biden and former .....»»

Georgia boasts two Democratic US senators, Raphael Warnock and Jon Ossoff. But Republicans still retain firm control of state government. President Joe Biden and former .....»»

Two years after breaking ground, pricing has been set for many of 300 Main's apartments......»»

Wall Street's week ahead includes Costco earnings, more Bitcoin volatility and a fresh read on US GDP......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The District's hospitality industry, heavily dependent on business and international travel, has been slower to recover from Covid-19 fallout than in other, competing cities......»»

Gov. Gavin Newsom laid out his proposal for the 2021-2022 state budget Friday, suggesting the state use its $75.7 billion surplus to “set the state up for not just a comeback, but an extraordinary decade, arguably century, ahead.”.....»»

The U.K. government has relaxed travel restrictions, which could boost some specific stocks......»»