One factor is the continuing multibillion-dollar AI investments by Google parent Alphabet, Facebook parent Meta, Microsoft, Amazon, Oracle and others.
Trade deficit used to be a number that received a ton of attention in the 1980s and 1990s because it was determined to be a strong gauge of the strength and weakness in the US economy. The February ...
WASHINGTON, July 28 (Reuters) - The U.S. trade deficit in goods narrowed in June amid a broad decline in imports, but the improvement was probably insufficient to prevent trade from again subtracting ...