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 …
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U.S. Federal Reserve Chairman Jerome Powell’s scheduled visit to the U.S. on Tuesday outlined data on the economic outlook and trade deficit. There was a slight change in stock futures. Futures linked to the S&P 500 became a wave between small gains and losses. Nasdaq-100 contracts fell 0.2%. Both indices …
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Major U.S. Technologi shares are sensitive to the rise in corporate-tax, which could lead to a Democratic sweep in November, potentially reducing one of the strongest drivers of market recovery this year. Bofa Global Research estimates that the tax proposals will reduce the expected revenue of companies in the S&P …
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The Democratic presidential candidate promises that families with an income less than the adjusted total income will not pay more nickel in direct taxes. High-income families will pay more in some cases, more. The dividing line is no accident: it was deliberately determined beyond any definition of the middle class. …
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U.S. in the third quarter. The recovery of the auto industry gained momentum, with coronavirus-related loos and buyers returning to the show-room from sales by auto manufacturers. Strong demand for trucks and sport-utility vehicles is leading to a comeback, which is happening much faster than expected this summer. Contributing is …
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