Banking, Business, Economy

“The federal budget posted a record monthly deficit in February”

“The U.S. posted its largest monthly budget deficit on record in February with a gap of $234 billion, breaking the previous $231.7 billion mark set in February 2012, Bloomberg reports. The big picture: According to Treasury data released Friday, the… Continue Reading…

Economy

Economy: 20,000 jobs in February, wages up, Low unemployment

“The economy gained a meager 20,000 jobs in February, falling far short of analyst expectations of 185,000 and indicating that the nation’s 10-year economic expansion has potentially hit a speed bump. Despite the stalled job growth, the rest of the… Continue Reading…