Bloomberg The US budget deficit as a share of the economy widened for the first time in seven years, marking a turning point in the nation’s fiscal outlook as an aging population boosts government spending and debt. Spending exceeded revenue by $587.4 billion in the 12 months to Sept. 30, compared with a $439.1 billion deficit in fiscal 2015, ...

  Paris / AFP Thousands of people demonstrated Saturday in France, Spain and Poland against a EU-Canada free trade deal and a far more ambitious agreement with the United States. Activists charge that the Canada deal will set a dangerous precedent and open the way for a similar but far more sweeping pact with Washington, the Transatlantic Trade and Investment Partnership ...

  Bloomberg Nordea Bank’s Stable Return fund, Europe’s fastest growing asset manager, is betting the British pound is now on its way up. It’s a shift of strategy from earlier this year, when the 20 billion-euro ($22 billion) fund bet against sterling using the yen. It profited from that wager, with the pound losing 28 percent this year against the ...