you are currently viewing:CBO-Monthly Budget Review: April 2025May 8, 2025--Summary
The change in the deficit was influenced by the timing of outlays, which decreased the deficit during the first seven months of fiscal year 2024. Outlays in fiscal year 2024 were reduced by shifts in the timing of payments that were due on October 1, 2023, a Sunday. (The payments were made that September.) If not for those shifts, the deficit so far this fiscal year would have been $123 billion more than the shortfall at this point last year. In addition, part of the deficit increase in 2025 arises from the postponement of some tax deadlines from 2023 to 2024 (described below), which boosted receipts in 2024. Source: Congressional Budget Office (cbo.gov) |
May 12, 2025--Lazard International Dynamic Equity ETF is designed to capitalize on a diversified portfolio of international equities
Lazard today announced that it has completed the conversion of the Lazard International Equity Advantage mutual fund into the exchange-traded fund (ETF), Lazard International Dynamic Equity ETF (NYSE: IEQ), listed on the New York Stock Exchange.
May 9, 2025--Coinbase becomes the first CFTC-regulated exchange to offer 24/7 Bitcoin futures trading, giving U.S. traders round-the-clock access to manage risk and seize crypto market opportunities.
Coinbase has made a significant move in the U.S. derivatives market, launching 24/7 trading for Bitcoin futures.
May 9, 2025-- The Trustees of The 2023 ETF Series Trust and The 2023 ETF Series Trust II ("The Trusts") announced today that, following an extensive due diligence process, Tidal Financial Group has been selected as the preferred service provider to support and grow the Trusts, replacing the Goldman Sachs ETF Accelerator platform as it winds down operations.
May 8, 2025--YieldMax announced the launch today of the following ETF:
YieldMax HOOD Option Income Strategy ETF (NYSE Arca: HOOY)
HOOY seeks to generate current income by pursuing options-based strategies on Robinhood Markets, Inc. (HOOD).
May 7, 2025--The latest fund additions offer distinct, free cash flow-based approaches to navigating market cycles and targeting long-term capital appreciation
May 7, 2025--Harvest Portfolios Group Inc. ("Harvest") is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for the Harvest Apple Enhanced High Income Shares ETF ("APLE").
May 7, 2025--Bridging traditional investments with contemporary solutions to empower financial advisors.
Midland Advisory, part of Midland National Life Insurance Company, announces a new collaboration with Dimensional Fund Advisors to enhance index-linked annuity solutions.
May 7, 2025--Invesco launches three high-quality, active ETF strategies that effectively leverage the expertise of its in-house active managers.
Invesco Ltd., a leading global asset management firm, announced today the launch of three active ETFs that offer access to the unique, in-house expertise of Invesco leading active managers.
May 6, 2025--New York Life Investments is announcing today the launch of its newest ETF, the NYLI MacKay Muni Short Duration ETF (NYSE: MMSD), an actively managed municipal bond ETF designed to provide attractive, tax-exempt income through a flexible short-duration strategy.
May 6, 2025--QUSA is the first ETF to combine factor investing with an income-producing options overlay, providing investors and advisors with a powerful tool to help build both their equity and income portfolios.