The United States has closed its 2024 fiscal year with a staggering $1.8 trillion budget deficit. This figure surpasses the $1.7 trillion deficit recorded in 2023. The Congressional Budget Office (CBO) released these numbers on Tuesday, October 8th. The U.S. government collected $4.9 trillion in revenue but spent $6.75 trillion during the fiscal year. This […]
Related Posts
Is it worth saving money to let a car insurance company track your every move?
As insurance premiums seem to increase frequently, it isn’t a wonder why consumers are looking for ways to lower their rates. Most auto insurance companies offer some sort of discount for safer driving that’s tracked by the insurance company. This is why we were interested in exploring the question posed by Mary regarding the pros […]
Ethiopia Caps Forex Spreads at 2% in Market Reform Push
The National Bank of Ethiopia has introduced a new policy limiting foreign exchange trading spreads to 2%, effective October 16, 2024. This move marks a significant step in Ethiopia’s ongoing economic reforms, aiming to stabilize the currency market and increase transparency in forex transactions. Ethiopia shifted to a market-based exchange rate system in July 2024, […]