AI’s $2.2 trillion deficit fix is already half fake, economists say

A new Brookings/Fed paper finds AI productivity could meaningfully shrink the U.S. deficit — until you count the side effects ...

Surge in imports drives US goods trade deficit to 14-month high in May

By Lucia Mutikani WASHINGTON, June 26 (Reuters) - The U.S. trade deficit in goods swelled to a 14-month high in May as ...

Oil boom trims U.S. trade deficit as AI imports surge

The windfall to U.S. producers from higher oil prices has helped offset an ongoing surge in imports of capital goods tied to the build-out of data centers in the U.S. Imports of computers, computer ...

US Goods Trade Deficit Widens to Biggest in More Than a Year

The US merchandise-trade deficit widened in May to the biggest in more than a year as exports fell and imports rose.
Forbes

Mexico Deficit With U.S. Larger Than China’s Three Of Last Five Months

In a remarkable turnaround, the U.S. deficit with Mexico has been larger than the deficit with China for three of the last five months and four of the last seven. In fact, the annual U.S. deficit with ...
AOL

US budget deficit surges past $1 trillion less than halfway through the fiscal year — how this can reflect on your finances

The U.S. budget deficit surged past the $1 trillion mark in February, less than six months into fiscal year 2025. According to the Department of the Treasury, the federal government so far has spent a ...

SLU cuts faculty and staff positions, forgoes raises amid structural deficit

The university did not specify how many filled staff positions or faculty jobs would be affected.