Economists think this is the result of large federal government deficits, a productive and rapidly growing economy and the U.S. dollar’s status as the world’s reserve currency ...
The deficit was the highest for any December since 2020, when the government was forced to prop up closed businesses and spend billions of pounds on medical equipment because of the covid lockdowns ...
Japan’s trade deficit in 2024 shrank 44 per cent from a year earlier to 5.33 trillion yen ($34 billion), as exports hit a record high due to robust ...