Trade deficit swells to $105.6 billion on AI-driven import surge
The U.S. trade gap widened to $105.6 billion in August, the largest monthly shortfall since March 2025, as imports climbed 4.3 percent on a flood of e
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The U.S. trade gap widened to $105.6 billion in August, the largest monthly shortfall since March 2025, as imports climbed 4.3 percent on a flood of e
The average rate on a new five-year fixed mortgage has climbed to 6% for the first time since September 2023, pushing the cost of home borrowing to a
Traders have sharply raised the odds of a Federal Reserve rate increase next month after Chair Kevin Warsh used his Jackson Hole address to signal tha