What is the US debt ceiling? How does it affect the economy? Could Australia be impacted?
The United States is facing the prospect of defaulting on trillions of dollars worth of loans, unless the Republicans and Democrats strike a deal to…
How Newsom plans to offset California’s $31.5-billion deficit
California Gov. Gavin Newsom detailed plans to begin to bridle his progressive policy agenda to offset an estimated $31.5-billion budget deficit for the state during…
Paris-based IEA says a supply-side deficit in oil could emerge
1/2 The Paris-based International Energy Agency said Friday that OPEC supply cuts will not be meet by gains from other producers, suggest a supply-side deficit…
2024 plan would raise taxes, lower deficit
WASHINGTON – After weeks of buildup, President Joe Biden released his proposed budget on Thursday, kicking off what is expected to be months of intense…
UCLA makes progress while posting a $28-million athletic department deficit
When UCLA welcomed back fans amid the waning pandemic, it also hailed an accompanying benefit. Revenue. Lots of it. Profits from ticket sales and media…