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US Notches One of Its Biggest Annual Trade Gaps Since 1960 (2)
2+ min ago (98+ words) The US trade deficit widened in December, capping a turbulent year of erratic tariff policy. The goods and services trade gap expanded from the prior month to $70.3 billion, Commerce Department data ... The US trade deficit widened in December, capping a…...
Kashkari Rips Hassett Criticism of NY Fed Tariff Analysis (2)
7+ min ago (157+ words) Federal Reserve Bank of Minneapolis President Neel Kashkari said recent comments by National Economic Council Director Kevin Hassett critical of a New York Fed study on tariffs undermine the central bank's independence. Federal Reserve Bank of Minneapolis President Neel Kashkari…...
US Trade Deficit Dips to $901 Billion in 2025
9+ min ago (73+ words) Trump expects that America's trade balance will turn positive this year. US Trade Deficit Dips to $901 Billion in 2025 Last year's U.S. trade deficit dipped slightly from 2024, but was still the third-largest on record, driven by record-high imports. The 2025 trade imbalance was…...
It's Pork Meeting Season: Highlights from Missouri, Illinois and Minnesota
10+ min ago (138+ words) Pork producers look to Farm Journal's PORK for trusted news, guidance and inspiration, helping them maximize productivity and profitability without compromising animal well-being, sustainability and product quality. Marketers and suppliers look to us for strategic insights into producers and effective…...
Jim Chapman to become NAHB chairman in 2029
13+ min ago (200+ words) Read Today's Top Story: Investors drawn to Southern home market as Trump calls for ban on large firms Jim Chapman, CEO of Jim Chapman Construction Group,was elected as 2026 third vicechairmanof the National Association of Home Builders during the trade…...
Winds of change blow into the Fed, and don’t favor Warsh
13+ min ago (702+ words) The FOMC released the minutes of the last Federal Reserve monetary policy meeting, and the document shed some light on what Kevin Warsh would face as the next Chair. Spoiler: it won't be easy for him to please Trump's goal…...
Gold Wavers Near $5,000 as Traders Assess Geopolitics, Fed Rate
13+ min ago (404+ words) (Bloomberg) -- Gold hovered around $5,000 an ounce as traders assessed the latest flareup in geopolitics and the Federal Reserve's next move on interest rates. President Donald Trump said the US has to "make a meaningful deal" with Iran, adding that the…...
US trade deficit in goods widens to new record in 2025
15+ min ago (596+ words) The US trade deficit in goods expanded to a new record in 2025, government data showed Thursday, despite sweeping tariffs that President Donald Trump imposed during his first year back in the White House. The US goods deficit stood at $1.24 trillion…...
Fed’s Kashkari: Crypto “Utterly Useless"
16+ min ago (485+ words) Federal Reserve Bank of Minneapolis President Neel Kashkari delivered another pointed criticism of crypto today. Federal Reserve Bank of Minneapolis President Neel Kashkari delivered another pointed criticism of crypto while defending the Federal Reserve's independence during remarks in Fargo, North…...
Fed’s Kashkari: Crypto is 'utterly useless"
19+ min ago (385+ words) Neel Kashkari, Federal Reserve (Fed) President of the Bank of Minneapolis, said that the labor market has remained pretty resilient and that he believes AI could boost productivity in the next five to ten years, according to Reuters on Thursday....