Explore how deficit spending units operate, their effects on economies, and why they matter for households, businesses, and ...

The current account measures how much a country earns and spends with the rest of the world. When earnings from exports, services, and remittances exceed spending on imports and payments abroad, it ...

The IMF’s “message” is that the widening of the U.S. deficit and the Chinese surplus over the course of 2024 was unwelcome—it took both countries away from their estimated current account balances (in ...

THERE APPEARS to be a broad consensus across the different sectors of our society that fiscal deficits are to be avoided.

The U.S. government recorded a surplus in June, bolstered by increased tariff collections, the Treasury Department has reported. The surplus amounted to a little more than $27 billion, a stark ...