U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago
The U.S. Department of the Treasury building is seen in Washington, D.C., on Jan. 19, 2023. Saul Loeb | Afp
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Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021
Inflation was slightly lower than expected in April as President Donald Trump’s tariffs just began hitting the slowing U.S. economy,
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German reinsurers took a $1.9 billion profit hit from LA wildfires in first quarter
An aerial view of homes destroyed in the Palisades Fire on January 27, 2025 in Pacific Palisades, California. Mario Tama
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Ukraine says it hit latest-generation Russian fighter jet for first time
The Sukhoi Su-57 jet fighter at the MAKS-2019 Moscow International Airshow near Zhukovsky, southeast of Moscow. Sopa Images | Lightrocket
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FedEx shares tumble 12% after weaker demand hit revenue outlook
A FedEx plane lands at Shanghai Pudong International Airport in Shanghai on April 27, 2023. Vcg | Visual China Group
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