Add Yahoo as a preferred source to see more of our stories on Google. A Department of Legislative Services chart shows the worsening state budget deficits in coming years. (Chart courtesy Department ...

Richard Cooper has an oped in today’s FT (avaible here, subscription needed) arguing that the US current account deficit is “not only sustainable, it is perfectly logical”. Cooper argues that a $500 ...

The U.S. Current Account deficit narrowed 43% to -$251.3B in Q2 2025 from -$439.8B prior (revised from -$450.2B) in Q1, as tariffs depressed imports, according to data released by the U.S. Bureau of ...

Nouriel has already commented on the Economic Report of the President. He didn’t exactly like its international chapter. It didn’t rub me the wrong way quite as strongly - in part because I am more ...