US Budget Deficit Hits Highest Level Since 2021 Amid Spiking Medicare Costs and Debt Servicing
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US Budget Deficit Hits Highest Level Since 2021 Amid Spiking Medicare Costs and Debt Servicing

The United States federal budget deficit climbed sharply in July, reaching $432.3 billion—its highest monthly total since March 2021. This substantial increase was largely propelled by a significant surge in Medicare expenses and ongoing pressures from national debt servicing costs, highlighting persistent fiscal challenges for the government. With this latest shortfall, the collective fiscal gap […]

U.S. Inflation Eases Slightly to 3.4% in July Amid Persistent Energy Pressures from Iran Conflict
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U.S. Inflation Eases Slightly to 3.4% in July Amid Persistent Energy Pressures from Iran Conflict

The United States consumer price index (CPI) experienced a modest deceleration in July 2026, registering a 3.4% year-over-year increase. This figure represents a slight decline from the 3.5% annual rate recorded in June, signaling a gradual moderation in overall inflationary pressures. Despite this downward trajectory, persistent geopolitical tensions—specifically the ongoing conflict between the U.S. and […]