China boosts budget deficit target to ‘around 4%’ of gross domestic product in a rare move

Key Points

The new deficit plan, which is up from 3% last year, comes amid an escalating trade war with U.S. President Donald Trump’s administration.
An increase to 4% of GDP had been widely expected. It marks the highest fiscal deficit on record going back to 2010, according to data accessed via Wind Information. The prior high was 3.6% in 2020, the data showed.

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Finance

Stocks making the biggest moves after hours: Nike, Dave & Buster’s, RH and more

March 31, 2026

Check out the companies making headlines after the bell : Nike — The athletic apparel stock slipped 2% after its North America revenue came in at $5.03 billion, while analysts surveyed by LSEG had expected $5.04 billion. However, Nike posted fiscal third-quarter earnings of 35 cents per share and $11.28 billion in revenue. That exceeded […]

Finance

Warren Buffett says Iran bomb would make nuclear disaster harder to avoid

March 31, 2026

Key Points Berkshire Hathaway chairman Warren Buffett said that the rising number of nuclear-armed states has altered the global risk landscape. “I would say that one way or another… in the next 100 years — maybe it’s 200 years, who knows — something will happen to cause it to be used,” he said. Source

Finance

While low-income consumers struggle with rising gas prices, higher earners grow nervous as markets fall

March 31, 2026

Higher oil prices due to the U.S.-Iran war are straining an already strapped lower-income consumer . But as equities fall, there’s a warning sign that higher earners are also starting to feel the heat. Internal data from Bank of America on credit and debit card spending revealed that from the start of the war through […]