Fiscal years differ from calendar years, allowing businesses to choose optimal reporting periods. Companies adjust fiscal year ends to align with business seasonality, aiding financial reporting.

The short-term spending deal will extend government funding levels through the end of September in an attempt to avoid a ...

The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said ...

The US budget deficit continued to swell in February, pushing the shortfall to $1.15 trillion over the first five months of ...