Tue, 21-Oct-2025

US consumer outlook holds steady despite inflation, war: survey

Americans’ outlook for the world’s biggest economic system progressed barely in April, in spite of ongoing concerns about inflation and the conflict in Ukraine, a survey launched Tuesday said. But with inflation at a 40-years  high and drivers seeing soaring charges at the fuel pump, feelings about the existing situation worsened really, according to The Conference Board’s … Read more

US trade deficit posts big export-fuelled drop in October

US trade

WASHINGTON: Strong American export business caused a large drop in the US trade deficit last month, even as imports also rose, according to government data released on Tuesday. The gap between imports and exports of goods and services dropped 17.6 per cent to $67.1 billion last month, bringing the trade deficit down from a record … Read more