U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark
The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said Friday.
The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said Friday.
President Trump’s administration says it plans to send 1,500 additional troops to the U.S.-Mexico border. CBS News political reporter Aaron Navarro has more on that and Mr. Trump’s defense of pardons for Jan. 6 defendants.
By getting rid of these fees now, before the new year rolls around, you can free up funds for other priorities.
North Korea deployed 250 new mobile launchers for ballistic missiles, capable of nuclear strikes on South Korea and US bases. The rockets, transferred to frontline units amid a ceremony, add to Pyongyang’s military threats. North Korea faces accusations of supplying weapons to Russia, while recent floods contribute to food insecurity in the country.
Doctors say they’re amazed by how well a veteran has recovered more than a year after a whole-eye transplant surgery. Aaron James lost most of his face after touching a live wire.
A 2018 video of a Pakistani woman claiming to be Donald Trump’s daughter has resurfaced online after his 2024 election victory. Speaking in Urdu, the woman alleges mistreatment by Melania Trump and claims Trump doubted her mother’s parenting. Though initially unnoticed, the video is now being widely shared on social media.
The Indian rupee hit a record low against the dollar, closing at 84.85. Sanjay Malhotra’s appointment as RBI governor sparked speculation of a dovish policy shift, with analysts predicting a rate cut as early as February. This expectation, coupled with India’s weak economic outlook, could further depreciate the rupee to 86 by March 2025.