Edition:
United States

Business

U.S. June deficit surges to $864 billion

The U.S. federal budget deficit in June surged to $864 billion from single digits a year earlier amid continued strong spending on coronavirus relief programs and a drop in individual and corporate tax receipts, the Treasury Department said on Monday.

Business Video

Markets

S&P » 3,155.22 -0.94%
Dow » 26,085.80 +0.04%
FTSE 100 » 6,176.19 +1.33%
Nikkei 225 » 22,784.74 +2.22%
US 10YR
+0.640
+0.007
DE 10YR
-0.419
-0.013
JP 10YR
+0.031
+0.000
USD / EUR » 0.8814 -0.41%
USD / GBP » 0.7962 +0.43%
USD / JPY » 107.2600 +0.35%