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The U.S. Treasury Department reports that the U.S. deficit for fiscal year 2026 is $954 billion so far, compared to a deficit of $1.049 trillion in the same period of fiscal year 2025.

2026-05-13

The U.S. Treasury Department reports that the U.S. deficit for fiscal year 2026 is $954 billion so far, compared to a deficit of $1.049 trillion in the same period of fiscal year 2025.

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2026-05-13

Morgan Stanley raised its 2026 China GDP growth forecast to 4.8% from 4.7%, citing resilient exports driven by AI and green-investment demand. The bank’s economists say China’s supply-chain strength is helping it gain additional global export market

Morgan Stanley raised its 2026 China GDP growth forecast to 4.8% from 4.7%, citing resilient exports driven by AI and green-investment demand. The bank’s economists say China’s supply-chain strength is helping it gain additional global export market share. They also note the economy is relatively insulated from oil-price shocks due to its diversified energy mix and strategic reserves. Robust exports have reduced the need for further stimulus, prompting Morgan Stanley to drop its call for second-half fiscal support and additional monetary easing. The PBOC is instead likely to rely on liquidity injections and targeted credit tools rather than interest-rate cuts.
2026-05-13

FDA COMMISSIONER MAKARY EXPECTED TO RESIGN TUESDAY - SOURCES

FDA COMMISSIONER MAKARY EXPECTED TO RESIGN TUESDAY - SOURCES
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