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The Latest Breaking News from Deficit

Verstappen thought he’d be “fifth or sixth” in F1 British GP

Max Verstappen thought he would “finish fifth [or] sixth” in Formula 1’s 2024 British Grand Prix given Red Bull’s early pace deficit to Mercedes and McLaren before he recovered to second.

Autosport

'I was pretty sure I had a puncture' - Remco Evenepoel keeps calm amid late scare in Tour de France time trial win

Belgian lessens deficit to race leader Pogačar despite late puncture scare in stage 7 victory

Cycling News

US Trade Deficit Expands Less Than Expected In May: Govt

The US trade gap grew slightly less than expected in May, to the widest level since late 2022, government data showed on Wednesday, as exports and imports both slipped.

International Business Times

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Is This Copper Mining Stock a Buy for Its Fat Dividend?

Southern Copper has a higher dividend yield compared to other copper mining companies. However, its valuations are also on the higher side, making a closer examination of the risk-reward necessary for prospective investors.

Barchart

I simulated each UK party’s first years in government in a video game, and the results were awful

For the past week, I’ve been feeding UK party manifestos into the politics management game, to simulate their results five years on … Are you ready to be dismayed?

The Guardian - UK

The U.S. deficit is nearly as big a Russia's economy, and there's a 'vicious' feedback loop that could make it worse

The CBO's new estimate for the fiscal 2024 deficit is now $1.9 trillion, up from its prior view for $1.6 trillion issued in February and up from the 2023 deficit of about $1.7 trillion.

Fortune

Fact-checking the Biden-Trump debate - Roll Call

FactCheck.org chronicles a relentless barrage of false and misleading statements in the first debate between Joe Biden and Donald Trump.

Roll Call

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How much rates will rise under a Liberal government

Lee says Canberrans would be $2000 better off on average.

The Canberra Times

Cocoa Prices Under Pressure as Growing Conditions Improve in West Africa

September ICE NY cocoa (CCU24 ) on Wednesday closed down -58 (-0.74%), and July ICE London cocoa #7 (CAN24 ) closed up +3 (+0.04%). Cocoa prices Wednesday settled mixed. Cocoa is under pressure from reports of beneficial growing weather in the Ivory Coast and Ghana that should boost cocoa production....

Barchart

Cocoa Prices Slide on Favorable Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) today is down -42 (-0.54%), and July ICE London cocoa #7 (CAN24 ) is up +39 (+0.50%). Cocoa prices today are mixed. Cocoa is under pressure from reports of beneficial growing weather in the Ivory Coast and Ghana that should boost cocoa production. However,...

Barchart

NY Cocoa Falls on Ideal Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) on Tuesday closed down -72 (-0.91%), and July ICE London cocoa #7 (CAN24 ) closed up +138 (+1.80%). Cocoa prices Tuesday settled mixed, with NY cocoa posting a 1-month low. Cocoa prices are being undercut by reports of beneficial growing weather in the Ivory...

Barchart

Treasury Secretary Janet Yellen blames Trump’s tax cuts for ‘many of the problems’ with the U.S.’s soaring budget deficit

Yellen says Trump’s policies gave tax breaks to wealthy corporations and individuals while increasing the national deficit.

Fortune

Cocoa Prices Pressured by Ideal Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) today is down -76 (-0.96%), and July ICE London cocoa #7 (CAN24 ) is up +142 (+1.85%). Cocoa prices today are mixed, with NY cocoa posting a 1-month low. Cocoa prices are being undercut by reports of beneficial growing weather in the Ivory Coast...

Barchart

How to watch WRC's Rally Poland: Schedule, line-up and more

This month’s Rally Sardinia featured the joint-closest finish for a win in World Rally Championship history, as Ott Tanak and Sebastien Ogier contested a thrilling battle. It culminated in Tanak claiming victory by just 0.2s after the Hyundai driver overhauled a 17.1s deficit to Toyota’s Ogier on the final day.…

Autosport

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The Canberra Times

Your five-minute wrap-up of the ACT budget

Here's a five-minute rundown of everything you need to know.

Barchart

Cocoa Prices Settle Sharply Lower on Beneficial Weather in West Africa

September ICE NY cocoa (CCU24 ) on Monday closed down -985 (-11.06%), and July ICE London cocoa #7 (CAN24 ) closed down -638 (-7.68%). Cocoa prices Monday sold off sharply, with NY cocoa sinking to a 1-month low and London cocoa falling to a 2-1/2 week low. Reports of beneficial...

Barchart

Cocoa Prices Plummet on Beneficial Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) today is down -997 (-11.20%), and July ICE London cocoa #7 (CAN24 ) is down -681 (-8.19%). Cocoa prices today have sold off sharply, with NY cocoa sinking to a 1-month low and London cocoa falling to a 2-1/2 week low. Reports of beneficial...

Fortune

The national debt is over $34 trillion. It’s time to tell the truth about the U.S. government’s finances

The U.S. government will pay close to $900 billion this year just in interest payments on the national debt.

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Autosport

Why Mercedes feels it is closer to the top than it looked in F1's Spanish GP

Mercedes says its deficit to Red Bull and McLaren in Formula 1’s Spanish Grand Prix does not show the true picture of its potential

The Guardian - UK

Gloucester-Hartpury seal comeback against Bristol to retain PWR title

Gloucester-Hartpury recovered from a 10-point half-time deficit to defeat Bristol 36-24 and successfully defend the Premiership Women’s Rugby title

Top News

NHL History: Teams That Forced Game 7 From 3-0

Explore the rare instances of NHL teams forcing Game 7 after trailing 3-0 in a series, with history revealing the mixed success of such comebacks.

Reason

Federal Budget Deficit Forecast Jumps $400 Billion, Fueled by Student Debt Forgiveness

The Congressional Budget Office reports the 2024 budget deficit will near $2 trillion.

Barchart

NY Cocoa Closes Lower on Chocolate Demand Concerns

July ICE NY cocoa (CCN24 ) on Friday closed down -603 (-6.28%), and July ICE London cocoa #7 (CAN24 ) closed up +96 (+1.17%). Cocoa prices Friday settled mixed, with NY cocoa falling to a 3-week low. Demand concerns are a negative factor for cocoa prices. On Wednesday, chocolate producer...

Barchart

NY Cocoa Retreats as Chocolate Demand is Projected to Weaken

July ICE NY cocoa (CCN24 ) today is down -705 (-7.35%), and July ICE London cocoa #7 (CAN24 ) is up +115 (+1.40%). Cocoa prices today are mixed, with NY cocoa falling to a 3-week low. Demand concerns are a negative factor for cocoa prices. On Wednesday, chocolate producer Nestle...

Radio France Internationale

French political camps draw battle lines over economic policies

As France heads for snap elections, political parties' economic policies are under extra scrutiny after the European Commission this week rebuked the country over its failure to keep its budget deficit within EU limits.

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