The U.S. trade deficit saw a modest increase in the month of January, according to a report released by the Commerce Department on Wednesday.The Commerce Department said the trade deficit widened to $68.3 billion in January from a revised $67.2 billion in December.Economists had expected the trade deficit to climb to $68.9 billion from the $67.4 billion originally reported for the previous month."...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.