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The Latest Breaking News from Deficit

Why Did Americans Stop Caring About the National Debt?

Both parties—and the voters—are to blame for the national debt fiasco.

Reason

Coffee Prices Settle Moderately Higher as Brazil's Coffee Farmers Hoard Beans

September arabica coffee (KCU24 ) Friday closed up +3.90 (+1.59%), and Sep ICE robusta coffee (RMU24 ) closed up +41 (+0.90%). Coffee prices Friday shook off early losses and closed moderately higher. Coffee prices are seeing support from a lack of producer selling as Brazilian coffee farmers hoard beans in...

Barchart

Coffee Prices Firm as Brazil's Coffee Farmers Hoard Beans

September arabica coffee (KCU24 ) today is up +2.70 (+1.10%), and Sep ICE robusta coffee (RMU24 ) is up +33 (+0.72%). Coffee prices today shook off early losses and are moderately higher. Coffee prices are seeing support from a lack of producer selling as Brazilian coffee farmers hoard beans in...

Barchart

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Coffee Posts Moderate Gains on Global Production Concerns

September arabica coffee (KCU24 ) Thursday closed up +1.30 (+0.53%), and Sep ICE robusta coffee (RMU24 ) closed up +99 (+2.21%). Coffee prices posted moderate gains on Thursday, with Sep arabica and Sep robusta posting contract highs. Coffee prices have rallied sharply this week due to concern that drier-than-normal conditions...

Barchart

Coffee Prices Push Higher on Concerns About Global Coffee Production

September arabica coffee (KCU24 ) today is up +3.55 (+1.46%), and Sep ICE robusta coffee (RMU24 ) is up +110 (+2.46%). Coffee prices today are moderately higher, with Sep arabica and Sep robusta posting contract highs. Also, nearest-future July robusta posted an all-time high, and nearest-future July arabica posted a...

Barchart

France needs to introduce 25 billion euros in cuts to tackle EU deficit

The French government has announced plans for €25 billion in budget cuts this year to address EU concerns over its deficit and debt levels.

Radio France Internationale

France Says Needs 25 Bn Euros Budget Cuts To Keep Deficit Promise

The French government, under EU pressure for overspending, said Thursday it needed a total of 25 billion euros in budgetary cuts this year to keep its promise of getting deficits back under control.

International Business Times

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Does Hamilton's dramatic British GP win show the F1 film the way?

They often say reality trumps fiction and any sports fan can certainly attest to that, whether it's Tiger Woods overcoming injury and personal turmoil to win his fifth Masters, Liverpool turning around a 3-0 half deficit to AC Milan to win the 2005 Champions League final, or the New England…

Autosport

Coffee Prices Retreat as They Consolidate This Week's Rally

September arabica coffee (KCU24 ) on Wednesday closed down -6.40 (-2.56%), and Sep ICE robusta coffee (RMU24 ) closed down -157 (-3.39%). Coffee prices Wednesday closed sharply lower as they gave back some of this week's sharp gains and consolidated the recent rally. Losses in robusta coffee accelerated Wednesday on...

Barchart

Coffee Prices Consolidate This Week's Sharp Rally

September arabica coffee (KCU24 ) today is down -6.10 (-2.44%), and Sep ICE robusta coffee (RMU24 ) is down -153 (-3.30%). Coffee prices today are moderately lower as they give back some of this week's sharp gains and consolidate the recent rally. Losses in robusta coffee accelerated today on a...

Barchart

Coffee Prices Settle Sharply Higher on Dry Weather and Reduced Vietnam Exports

September arabica coffee (KCU24 ) on Tuesday closed up +15.55 (+6.63%), and Sep ICE robusta coffee (RMU24 ) closed up +286 (+6.58%). Coffee prices Tuesday rallied sharply for a second day, with Sep arabica and Sep robusta posting contract highs. Also, nearest-future July robusta posted an all-time high, and nearest-future...

Barchart

Coffee Prices Surge on Dry Weather and Reduced Vietnam Exports

September arabica coffee (KCU24 ) today is up +12.55 (+5.35%), and Sep ICE robusta coffee (RMU24 ) is up +212 (+4.88%). Coffee prices today are sharply higher for a second day, with Sep arabica and Sep robusta posting contract highs and nearest-future July robusta posting an all-time high. Coffee prices...

Barchart

Javier Milei Signs Economic Reforms Into Law

With his initial reforms now in effect, the Argentine president announced the "second phase" of his war against inflation and the deficit.

Reason

Coffee Prices Finish Sharply Higher on Risks to Global Coffee Production

September arabica coffee (KCU24 ) on Monday closed up +5.45 (+2.38%), and Sep ICE robusta coffee (RMU24 ) closed up +163 (+3.89%). Coffee prices on Monday rallied sharply, with arabica posting a 1-1/2 week high and robusta posting a 1-month high. Coffee prices are climbing because of the concern that...

Barchart

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Motorsport

Bagnaia was expecting last-lap German GP showdown before Martin crash

Francesco Bagnaia believes the German Grand Prix would have gone down the wire had Jorge Martin not crashed on the penultimate lap and handed him an easy MotoGP win. Pramac rider Martin was circulating comfortably in the front as the Sachsenring race neared its conclusion, having started from pole position…

Autosport

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.

Cycling News

'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

International Business Times

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.

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Barchart

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.

The Guardian - UK

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?

Fortune

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.

Roll Call

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.

The Canberra Times

How much rates will rise under a Liberal government

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

Barchart

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,...

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