WASHINGTON – The U.S. recorded its largest monthly trade deficit since August 2006 as consumer goods imports returned to pre-epidemic levels, adding evidence of a reversal in global trade. U.S. The trade deficit widened by 5.9% to 1 1.1 billion since July, the widest gap since August 2006, the Commerce …
Read More »Israel-UAE Diplomatic deal ratchets up tensions with Iran
Iran unleashed an angry outburst this weekend, in response to the establishment of formal diplomatic relations between Israel and the United Arab Emirates, a deal that calls for deeper cooperation between the Jewish state and the Gulf Arabs to counter Tehran, because it strives for regional influence. In a national …
Read More »Here’s how Goldman says the S&P 500 would respond to more US-China tariffs and why the November election result is important
Fresh hopes for another incentive package and signs that the spread of pandemic may be slow are set to boost shares on Tuesday. President Donald Trump signed executive orders over the weekend, postponing tax cuts and extending unemployment benefits, but investors hope talks on a larger rescue package would resume. …
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