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The Latest Breaking News from Deficit

Badenoch vows to abolish stamp duty as she closes Tory conference

She pledged a ‘golden rule’ on her budget plans, spending only half of any savings made through spending cuts, with the rest to reduce the deficit.

The Independent UK

Badenoch unveils ‘golden rule’ to use half of spending cuts to reduce deficit

Conservative leader aims to rebuild party’s economic credibility after it was torched by her predecessors

The Guardian - UK

Where Yankees' Comeback ALDS Game 3 Win Ranks in Team's Postseason History

The Yanks rallied from a five-point deficit to force a Game 4 on Tuesday night.

Sports Illustrated

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Kemi Badenoch to focus on economy in crunch leader’s speech to Tory conference

The party leader will set out a ‘golden rule’ that half of money saved from cuts must be put towards driving down the deficit as she seeks to restore party’s economic reputation

Evening Standard

Kemi Badenoch to focus on economy in leader’s speech to Tory conference

The party leader will set out a ‘golden rule’ that half of money saved from cuts must be put towards driving down the deficit.

The Independent UK

Badenoch to pledge half of money from cuts will go towards driving down deficit

Labour accused Kemi Badenoch of having a ‘brass neck’ as she seeks to position her party as the only one that can get the economy back on track.

Evening Standard

Badenoch to unveil ‘golden rule’ for economy as she attempts to win back Tory credibility destroyed by Truss

Kemi Badenoch will try to maximise Labour’s problems on the economy to win back public support

The Independent UK

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A Brain Fart Scientist Explains Why NFL Players Drop the Ball at the Goal Line

A silly blunder has occurred two weeks in a row. Experts weigh in on multitasking deficits, bottom-up actions and why this keeps happening.

Sports Illustrated

Are These Two Top-100 Stocks Under $10 Worth a Buy?

Two of the fastest-moving names in Barchart’s Top 100 Stocks to Buy from yesterday are both stocks trading in single digits. The question is whether either of them is worth buying for the long haul.

Barchart

Stock Market Today: Dow Jones, Nasdaq 100, S&P 500 Futures Turn Green—Trilogy Metals, AMD, Applovin In Focus (UPDATED)

Editor’s Note: The future prices of benchmark tracking ETFs and lede were updated in the story.)

Benzinga

If You’re Worried About the U.S. Budget Deficit, Make This 1 Trade Now

December Treasury note futures present a selling opportunity on more price weakness.

Barchart

Jimmy Kimmel more popular than Trump after show suspension, poll finds

Economist and YouGov poll finds president had a 16-point deficit in terms of popularity compared with late-night host

The Guardian - US

Italy eyes 3% EU deficit target this year, ahead of schedule

According to Prime Minister Giorgia Meloni’s government, the public deficit is at 3% already this year, bringing the Italian budget back on track with the European Union's finance rules.

Euronews

Billionaires Like Ray Dalio Keep Sounding the Alarm on U.S. Debt. What Is Going on With the So-Called Debt Crisis?

Mounting debt, a rapidly rising deficit, and pesky inflation have got a lot of money managers spooked. That’s why investors need to start diversifying.

Barchart

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The Conversation

Politics with Michelle Grattan: James Paterson on Andrew Hastie, Sussan Ley and himself

The federal opposition, embattled on many fronts, is trying to gain ground by establishing an alternative economic and fiscal narrative to that of the government.

Evening Standard

UK trade deficit in goods hits record £56.6 billion after 'liberation day' Trump tariffs

However, the huge deficit in trade of physical goods was offset by a record surplus in services, says ONS

The Guardian - AU

Jim Chalmers’ budget victory lap outpaces reality as Australia’s debt continues to climb

The treasurer celebrated an outcome that could have been worse, but a structural challenge remains as workers are left with the burden of repair

The Independent UK

Keegan Bradley says blame for Ryder Cup defeat lies with him

The US captain saw his side slip to a record 11.5-4.5 deficit before almost completing a ‘miracle’ comeback in the singles.

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The Guardian - AU

Albanese government urged to protect Australians on aid ships bound for Gaza – As it happened

All the day’s news as it unfolded

Sports Illustrated

Arsenal Player Ratings vs. Newcastle: Gunners Rescue Tyneside Trip Late in 2–1 Win

Arsenal overcame a first-half deficit to win at St. James’ Park.

AAP

Australia's luck running out despite budget bright spot

Australia's budget deficit for last financial year ended up being narrower than expected but younger workers will still be on the hook for a decade of red ink.

The Independent UK

Keegan Bradley vows to ‘stick to the plan’ after tough Ryder Cup opening day

The captain saw his US team slip to a 5.5-2.5 deficit after a ruthless European side took control of the competition.

Benzinga

Copper Market Shaken By Grasberg Disruption, Goldman Slashes Projections

The copper market has been jolted by disruptions at Indonesia’s Grasberg mine, with ripple effects spreading across supply forecasts and price expectations. With the mine operator declaring force majeure, Goldman Sachs slashed its mine supply outlook for 2025 and 2026, turning a projected surplus into deficit territory.

Fortune

Jamie Dimon says Trump's efficiency drive isn't enough to avert debt crisis: 'Like most problems, it's better to deal with it than let it happen'

Dimon stressed that only faster growth—unlocked by lighter regulation and freer trade—can restore balance to the U.S.’s debt-to-GDP ratio.

Fortune

Trump's tariffs are bringing in a 'very significant' amount of revenue, top analyst says: Roughly $350 billion a year

Fortune's Shawn Tully and Steve "the money doctor" Hanke have argued that they bear a strong, uncanny resemblance to a tax western Europe has had for decades.

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