The United States buys far more from foreign markets than it sells. According to the Observatory of Economic Complexity, the ...

Congress returns from a two-week recess with a massive item on its to-do list: budget reconciliation. Lawmakers barely passed ...

The US runs a huge surplus in services, which helps explain why they weren't subject to President Donald Trump's tariffs.

U.S. stocks suffered a sharp selloff Monday, erasing over $1 trillion in market value as investors reacted to renewed ...

It’s going to take a lot more than some trimming around the edges to change the federal government’s current trajectory into ...

President Trump said on Sunday during a gaggle with reporters on Air Force One that he is only willing to make a trade deal ...

The current situation is reminiscent of the mid-1980s, when the U.S. ran a record current account deficit of 5 percent of GDP ...

U.S. stocks plummeted Monday as $1.4 trillion in market value vanished, prompting Fundstrat’s Tom Lee to draw a parallel ...

The U.S. budget deficit surged past the $1 trillion mark in February, less than six months into fiscal year 2025. As of Feb.

The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest ...

President Donald Trump's tariffs exclude services, focusing only on goods imported into the US. The US has a huge trade surplus in services, unlike its deficit in the trade of goods. Services ...