In a provocative challenge to traditional economic anxieties, top economist Justin Wolfers is reframing the widening U.S. trade gap not as a fiscal failure, but as an enormous physical “surplus” that ...

The IMF’s “message” is that the widening of the U.S. deficit and the Chinese surplus over the course of 2024 was unwelcome—it took both countries away from their estimated current account balances (in ...

In recent speeches and media scrums, President Donald Trump has lauded the federal budget surplus for the month of June, claiming the surplus had not happened in “many, many years” or “decades.” To be ...

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 ...

The current account measures how much a country earns and spends with the rest of the world. When earnings from exports, services, and remittances exceed spending on imports and payments abroad, it ...

Budget officials, Walz and lawmakers all express a need for modest budgeting decisions this session despite improvements in ...

BRUSSELS (Reuters) - The European Union's trade surplus with the United States and its deficit with China both increased in January, serving as potential fuel for trade conflicts between the world's ...

A current account surplus means that a country's exports are worth more than its imports. Learn how current accounts affect competitiveness in world trade.

The Associated Students of the University of Oregon’s surplus budget is on track to be much lower than it was last year. After starting the previous year with over $1.4 million in surplus budget, the ...