Gross customs receipts jumped last month from $6 billion in May 2024 as Trump's tariffs on goods from nearly all trading ...

US customs duties climbed to a record in May, helping shrink the budget deficit for the month, while doubts remain about the ...

The Treasury Department recorded $23 billion in customs-duties revenue for May, according the agency's monthly budget ...

JPMorgan CEO Jamie Dimon highlighted the risks of rising U.S. debt and deficits, and he called for reforms to ensure economic ...

The CBO estimated last week that the tax-and-spending cuts package would increase deficits by $2.4 trillion over 10 years.

The approved budget avoids some earlier proposed cuts, such as closures of neighborhood pools and splash pads, ensuring these facilities will remain open for the summer.

The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs ...