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The Latest Breaking News from Deficit

Reeves has mountain to climb in budget after borrowing rise

Public finances figures contain no shocks but will underline need for either hefty tax rises or spending cuts

The Guardian - UK

UK borrowing reaches five-year high for September at £20.2bn

Rising debt interest and welfare costs push public finances deeper into red before Rachel Reeves’s budget

The Guardian - UK

How Verstappen cut a 104-point F1 title deficit to Piastri to 40 in four races

After the summer break, the end of Max Verstappen's run of titles looked almost certain - but now, he's back in the game after cutting Oscar Piastri's lead down by 64 points in the past four races

Autosport

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Max Verstappen cruises to United States Grand Prix victory to maintain pressure in battle for F1 championship

Verstappen has reduced the deficit to Piastri at the top of the F1 leaderboard

Evening Standard

France and the EU deficit limit

This week on The Sound Kitchen, you’ll hear the answer to the question about France’s budget deficit. There’s a lovely French poem, your answers to the bonus question on “The Listener’s Corner” with Paul Myers, and a perfect musical dessert from Erwan Rome on “Music from Erwan”. All that and…

Radio France Internationale

Political deadlock and spending on dual crises leaves French finances in disarray

France is a major industrial power, the world’s seventh-largest economy

The Independent UK

US Budget Deficit Narrows Just Slightly Despite Tariff Revenues

The US budget deficit narrowed just slightly over the past year, official data showed Thursday -- despite a surge in customs revenues, which hit a record as President Donald Trump imposed wide-ranging tariffs since January.

International Business Times

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Lecornu unveils budget as France faces tough talks on spending

French Prime Minister Sébastien Lecornu will present the draft 2026 budget to his new cabinet on Tuesday – the first big test for his government as parliament prepares for a tense debate on spending cuts and debt.

Radio France Internationale

U.S. Dollar Dominance Unleashed: Are You In or Out?

Geopolitical storms in Europe and Asia make the U.S. dollar a safe bet. But can you navigate the risks with inflation above 2% and a trade deficit looming? Dive into DXY or EUR/USD now!

Barchart

How Occupational Therapy Supports Children with ADHD

Attention Deficit Hyperactivity Disorder (ADHD) is one of the most common neurodevelopmental conditions in children.

inkl

The gold rush: Why Iranians are paying up to 30% more for their gold coins

Amid rising tensions in the Middle East and the threat of Israeli retaliation, Iranians are scrambling to protect their wealth by investing in gold.

Euronews

After All Those DOGE Cuts, Federal Spending Still Increased by $300 Billion

For the fiscal year that ended on September 30, the federal government spent more than $7 trillion and ran a $1.8 trillion deficit.

Reason

CRFB Slams $1.8 Trillion Deficit Amid 'Pointless And Wasteful' Shutdown: 'Will Lose Our Status As A Superpower'

The Committee for a Responsible Federal Budget (CRFB), a nonpartisan budget watchdog, condemned the ongoing U.S. government shutdown as “pointless and wasteful”, while unveiling the staggering $1.8 trillion federal deficit for the fiscal year 2025.

Benzinga

$1.8 trillion deficit revealed during 'pointless and wasteful government shutdown,' budget watchdog says

The U.S. is on track to borrow nearly $2 trillion per year for the next decade, the CRBF notes. "How can anyone think this is sustainable?"

Fortune

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Benzinga

Global Copper Surplus Set To Flip Into Deficit, M&A Not A Solution

The global copper market is going from surplus to shortage, according to the latest International Copper Study Group (ICSG) report. The 178,000-ton surplus projected for 2025 could flip to a 150,000-ton deficit as supply struggles to keep pace with demand.

The Independent UK

One in five hospices ‘face a deficit of over £1m’ while many axe services – data

Hospice UK is now calling for full Government funding of specialist palliative care provided by hospices as well as other measures to ease the burden.

The Independent UK

Year’s worth of British bread lost since 2020 amid extreme weather – analysis

Experts warned that the wheat deficit could grow, with 2025 likely to see another poor harvest.

The Independent UK

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.

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The Guardian - 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

Sports Illustrated

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.

Evening Standard

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

The Independent UK

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.

Evening Standard

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.

The Independent UK

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

Sports Illustrated

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.

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