The deficit through the first half of the budget year ran slightly above last year's pace, with the March imbalance up $16 billion over a year ago.
U.S. stocks fell Wednesday as weaker-than-expected data spurred concerns over economic growth ahead of Friday's jobs report and first-quarter earnings.
Private employers added the smallest number of workers in more than a year in March and factory activity hit a near two-year low, signaling a weak economy.
Ben Bernanke, who spent eight years as the head of the nation's central bank carefully watching his every comment, is getting a new title - blogger.
Consumer spending barely rose in February as households boosted savings to their highest level in more than two years.
Stocks rose modestly Friday and major indexes snapped a four-day losing streak after news of merger talks among chipmakers lifted the technology sector.
Orders to factories for long-lasting manufactured goods fell in February for the third time in four months, while a key investment category also fell.
The federal government ran a smaller deficit in February than a year ago but the imbalance for the budget year is still running ahead of last year.
Retail sales unexpectedly fell for a third straight month in February likely as harsh weather kept consumers from automobile showrooms and shopping malls.
Four-year low grain prices are turning landowners and tenant farmers against one another in a bid to keep their businesses alive.
U.S. consumer sentiment fell in February, dropping from an 11-year high, a survey released Friday by the University of Michigan shows.
Obama's budget fleshes out proposals from his State of the Union address and highlights Democratic priorities as the 2016 presidential campaign begins.
U.S. consumer spending slipped in December, as the pace of motor vehicle sales slowed and more Americans saved their money.
U.S. economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset increased consumer spending.
Durable goods orders fell again in December, a potential sign that slowing global growth and falling crude oil prices were starting to weigh on the economy.
The economy was growing at a moderate pace in December and early January, helped by gains in sales of consumer products, a boost in tourism and more.
A gauge of U.S. consumer spending unexpectedly fell in December as demand fell almost across the board, but that is probably not the start of a weak trend.
Holiday sales, cheap gas prices and low interest rates pushed U.S. auto sales to big gains in December, helping the industry close out a strong year.
Despite an early start, sales data provided to the AP show that stores may once again have to rely on procrastinators to save the holiday shopping season.
Manufacturing output recorded its largest increase in nine months in November as production expanded across the board, pointing to strength in the economy.
Gas stations love low prices, too -- and not just because customers are nicer when they are paying less.
A new study suggests that states which allow same-sex marriages gain a strong economic benefit through spending on the event, tourism and tax revenue.
Consumer spending advanced at a brisk clip in November as lower gasoline prices gave the holiday shopping season a boost.
Growing opposition among Democrats and persistent opposition from the tea party Republicans has left a $1 trillion government-wide spending bill teetering.
The federal government's deficit for the first two months of the new budget year falls 21 percent from the same period a year ago in November.