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THE U.S. TRADE DEFICIT rose in August to the highest level in 14 years. The Commerce Department reported Tuesday that the gap between the goods and services the United States sells and what it buys abroad climbed 5.9% in August to $67.1 billion. / AP FILE PHOTO/ TED S. WARREN

U.S. trade deficit up to $67.1B in August, 14-year high

WASHINGTON (AP) – The United States trade deficit rose in August to the highest level in 14 years. The Commerce Department reported Tuesday that the...

Retail sales rise for 4th straight month as growth slows

NEW YORK (AP) – Americans kept spending in August, but the pace of that growth is slowing as millions of people who lost jobs...

U.S. economy plunged an annualized 31.7% in second-quarter

BALTIMORE (AP) – The United States economy shrank at an alarming annual rate of 31.7% during the April-June quarter as it struggled under the...
THE U.S. TRADE DEFICIT was $50.7 billion in June. / AP FILE PHOTO/ WILFREDO LEE

US trade deficit drops in June on record rise in exports

WASHINGTON (AP) – The United States trade deficit fell in June for the first time since February as exports posted a record increase, rising...
U.S. CONSUMER SPENDING increased 5.6% in June. / AP FILE PHOTO/DAMIAN DOVARGANES

U.S. consumer spending up 5.6%, but virus could stall gains

WASHINGTON (AP) – American consumers increased their spending in June by a solid 5.6%, helping regain some of record plunge that occurred after the...
U.S. GDP declined at a record 32.9% annual rate in the second quarter. / AP FILE PHOTO/LYNNE SLADKY

U.S. economy shrank at record-breaking 33% rate last quarter

WASHINGTON (AP) – The U.S. economy shrank at a dizzying 32.9% annual rate in the April-June quarter – by far the worst quarterly plunge...
U.S. GDP declined 5% year over year in the first quarter, but economists are predicting an even sharper drop in the second quarter. / AP FILE PHOTO/WILFREDO LEE

U.S. GDP fell at 5% rate in Q1; worse is likely...

WASHINGTON (AP) – The United States economy shrank at a 5% rate in the first quarter with a much worse decline expected in the...

U.S. retail sales up 17.7% in a partial rebound from plunge

BALTIMORE (AP) – United States retail sales jumped 17.7% from April to May, with spending partially rebounding after the coronavirus had shut down...

U.S. trade gap rises to $49.4B in April

WASHINGTON (AP) – The United States trade deficit hit the highest level in eight months in April as American commerce with other countries was...
U.S. CONSUMER SPENDING declined a record 13.6% in April. / AP FILE PHOTO/JEFF ROBERSON

U.S. consumer spending sinks by record 13.6% in face of virus

WASHINGTON (AP) – United States consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs...

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