Economy
China Announces $1 Trillion Push to Become 'Sports Powerhouse'
5 things to know from G20 finance summit
Global bond sell-off signals entry into a higher-rate era
US Trade Gap Widens to Largest Since Early 2025 on AI Push
The US trade deficit widened sharply in July to the highest level since early 2025, reaching $88.6 billion according to the Commerce Department, driven by a major increase in technology and computer equipment imports.
- US trade deficit widened sharply in July to reach its largest gap since early 2025.
- Surge in imports of computers and technology equipment fueled the widening deficit.
- U.S. trade deficit grew to $88.6 billion in July, reaching its highest mark in over a year.
Energy Prices Surge on Iran Fighting, Reviving Inflation Fears
Sharp rise in utility bills pushes Russia's inflation further off target
Bank of Canada Holds Rates Steady, Warns of Trade and Geopolitical Risks
G20 wraps without consensus amid bond market sell-off
IMF agrees $2.2B Senegal loan package
Nigeria's economy grows at fastest pace in five years
US Fed Governor Waller Floats September Rate Hold
US Services Sector Expands in August with Price Gauge at Four-Year High
Ghana Tightens Gold Export Regulations to Retain Value Domestically
US Private Payrolls Rose by 38,000 in August, ADP Data Shows
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