U.S. Economy

US federal government posts widest deficit since 2012

The deficit in the 12 months through September was $113 billion - or 17 percent - bigger than in the same period a year earlier. Adjusting for calendar effects, the gap was even larger, the Treasury official said.

How a hard Brexit could hurt the markets

Christopher Giancarlo, the chair of the U.S. Commodity Futures Trading Commission, said he’s watching Brexit negotiations, “very, very closely.”