THE NATIONAL Government’s (NG) fiscal position swung to a surplus in October, driven by a 23% jump in revenues, the Bureau of the Treasury (BTr) said on Wednesday. The NG posted a P6.3-billion budget ...
A budget surplus means that the government earned more than what it spent during a given time. The extra money can be used either to pay off debts or be invested in other programs. Total revenue ...
After Congress returns from Thanksgiving break in December, they will have just weeks to approve continued government spending past the Dec. 20 deadline. In floor remarks last week, Senate Majority ...
If Congress does not pass some form of stopgap bill or appropriations package prior to Dec. 20, the government will enter into a partial shutdown until they do so.
Earth’s richest person Elon Musk, President-Elect Donald Trump’s cost-cutting czar, identified a fresh federal government enemy: The Consumer Financial Protection Bureau, a relatively new ...
The federal government has defended its borrowing plans, stating that they were based on approvals from the National Assembly, despite revenue-generating agencies surpassing their annual targets.
Every successful business keeps its costs below revenue to generate profits. One way to measure a company's profitability is to calculate its gross margin, which is the percentage of revenue it ...
California's small but manageable budget deficit could grow if spending continues to outstrip revenues, an analyst says.
Consumer durable manufacturers are expected to record a revenue surge of 11-12 per cent this fiscal. (Representational image: Reuters) Consumer durable manufacturers are expected to record a ...
Alibaba, the Chinese e-commerce giant, fell short of analysts' profit and revenue expectations for the second quarter. The company's performance was hampered by a decline in consumer spending in ...
The federal government is known for auctioning off items like office furniture and used trucks through its online surplus store. What it’s less known for is selling Pokémon cards, like the one ...