U.S. Budget Deficit Nears $2 Trillion, a Reality Check for Trump’s Cost Cutting

New York Times - Oct 16, 2026

Higher interest rates are inflating borrowing costs as the Trump administration spends on the Iran war and tariff refunds.

Read full article

MORE NEWS

'TV and cheap booze' blamed for landlord quitting
Oct 16, 2026

'TV and cheap booze' blamed for landlord quitting

Lincolnshire has lost 27% of its pubs and bars since 2009 and some are calling on the government to act against cheap supermarket booze.

Ship attack reports near Hormuz reach record high as oil exports slow
Oct 16, 2026

Ship attack reports near Hormuz reach record high as oil exports slow

BBC Verify analysis of data from a UK maritime agency shows 12 vessels were struck in a week.

Netflix Replaces Bela Bajaria as Chief Content Officer
Oct 16, 2026

Netflix Replaces Bela Bajaria as Chief Content Officer

Peter Rice, a former executive at Disney and Fox, will take over from Bela Bajaria, who had held the job since 2023.

Living with a stink? Technology might help
Oct 15, 2026

Living with a stink? Technology might help

Smells from rubbish dumps and industrial facilities are being more carefully monitored.

I find it quite demoralising in store - why I do all my shopping online
Oct 15, 2026

I find it quite demoralising in store - why I do all my shopping online

After Primark announced plans for home delivery, we hear from women who never go into clothes stores.

Gulf Oil Is Still Flowing Despite a Surge in Attacks on Ships
Oct 15, 2026

Gulf Oil Is Still Flowing Despite a Surge in Attacks on Ships

Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed.

Tech Stocks Drop Further Amid Doubts Over AI Spending
Oct 15, 2026

Tech Stocks Drop Further Amid Doubts Over AI Spending

Tech stocks plunged before reversing course, as concerns over soaring A.I. spending and stubborn inflation fueled a sell-off.

'I'd spend $1,000 on a wedding present'
Oct 15, 2026

'I'd spend $1,000 on a wedding present'

New Yorkers share how much they spend on a wedding gift - and how they decide.

Homeownership Drifts Further Out of Reach as Mortgage Rates Rise
Oct 15, 2026

Homeownership Drifts Further Out of Reach as Mortgage Rates Rise

Mortgage rates have pushed above 7 percent and home prices remain elevated, hurting the prospects of would-be buyers.

'I paid thousands to a company for jobs that never came'
Oct 15, 2026

'I paid thousands to a company for jobs that never came'

Apurv Patel is one of several people who say they were promised job opportunities that did not appear.

Data Centers Become Targets in Wars in Ukraine, Russia and the Middle East
Oct 15, 2026

Data Centers Become Targets in Wars in Ukraine, Russia and the Middle East

Military forces have sought to damage the computing hubs that power online services and artificial intelligence systems.

Mortgage Rates Hover at 7.4%, Highest Since 2023
Oct 15, 2026

Mortgage Rates Hover at 7.4%, Highest Since 2023

The average 30-year, fixed-rate mortgage has steadily risen in recent weeks, compounding affordability challenges for many Americans.

RECOMMENDED

Profit And Cost

Profit and Cost is the personal business & financial assistance for individuals considering to improve their profits and lowering the cost in their everyday life.

ABOUT US
Newsletter

Subscribe for more recent news from Profit And Cost

Copyright © 2015 - 2026 Profit And Cost. All Rights Reserved.