A fiscal year is a 12-month period that a business, government or other organization chooses as its financial year. It can be any date as long as the fiscal year is 52 or 53 weeks. The 53rd week ...

Here are four of the weirdest economic aftershocks to look out for in the New Year. From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to ...

Key details: Outlays in the first quarter of the fiscal year rose to a record $1.8 trillion, up 39% compared with the same period of the previous year. Revenue rose $1.1 trillion over the first ...