Budget Surplus News
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Updated 19 minutes ago
After paying for stakes in European companies, landmarks in London, uprisings in the Middle East and a soccer title in France, Qatar may be getting ready to go home.
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Updated 8 minutes ago
“Star Trek Into Darkness,” the second film in J.J. Abrams reboot of the venerable film franchise, was the top movie at U.S. and Canadian theaters this weekend, taking in $70.6 million for Paramount Pictures.
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Federal Reserve Governor Sarah Bloom Raskin said income inequality and government cutbacks may slow economic growth for years.
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New Zealand’s government projected a small budget surplus in 2015, the first in seven years, as rebuilding earthquake-devastated Christchurch city bolsters economic growth and tax revenue.
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British Columbia Premier Christy Clark’s Liberal Party defeated the opposition New Democratic Party in a surprise election result that may bolster plans by Enbridge Inc. to ship more oil across the Canadian province.
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Australia’s government is wooing voters with increased infrastructure, health and education spending while charting a path to a budget surplus as it seeks to restore economic credibility four months before an election.
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Wall Street’s biggest bond dealers are starting to forecast that the U.S. Treasury will reduce the size of its debt auctions in coming months for the first time in three years as government revenue soars.
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The U.S. posted its widest budget surplus in five years in April as an improving economy swelled tax revenue, easing pressure on lawmakers to lift the nation’s debt ceiling.
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Mighty River Power Ltd. rose 4.8 percent on the debut of New Zealand’s biggest initial public offering, rewarding investors and supporting Prime Minister John Key’s asset sales program.
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Greece could borrow from bond markets next year if its recession ends and the government delivers a primary budget surplus, Finance Minister Yannis Stournaras said.
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