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U.S. Deficit Is Now More Than $1 Trillion

U.S. Deficit Is Now More Than $1 Trillion

For the first time in seven years, the federal deficit has topped $1 trillion. According to a budget review by the nonpartisan Congressional Budget Office, the U.S. budget deficit widened to $1.067 trillion for the first 11 months... 
Oil Shares Rise 1.1 Percent—a Near 6-Month High—After US Crackdown on Iran

Oil Shares Rise 1.1 Percent—a Near 6-Month High—After US Crackdown on Iran

Placing strict new measures on Iran’s crude exports—and surprising the market in the process—President Donald Trump helped oil prices rally to a near six-month high on Tuesday.  When the current administration... 
US New Home Sales Are On the Rise

US New Home Sales Are On the Rise

New single family homes sales are on the rise, right now, and on their way to their highest marker in more than a year. Indeed, the numbers from March seem to suggest that lower mortgage rates and a drop in home prices have...