The U.S. budget deficit will grow slightly in fiscal 2026 to $1.853 trillion, the Congressional Budget Office forecast on Wednesday, showing that on balance, President Donald Trump’s economic policies might be worsening the country’s fiscal picture amid low economic growth.
Iran Charging $2 Million for Hormuz Passage Per Ship
Iran is moving to formalize a controversial system of charging up to $2 million per vessel for safe passage through the Strait of Hormuz, according