Richard Cooper has an oped in today’s FT (avaible here, subscription needed) arguing that the US current account deficit is “not only sustainable, it is perfectly logical”. Cooper argues that a $500 ...
Shipping containers are stacked at the port of Los Angeles in Long Beach, California, U.S., March 10, 2026. REUTERS/Caroline Brehman WASHINGTON, March 25 (Reuters) - The U.S. current account deficit ...
I think I can now welcome Brad DeLong to the “gloom and doom caucus, trade deficit division.” He joins some pretty good company: Paul Volcker, Robert Rubin, Larry Summers, Warren Buffet, Martin ...
Gov. Wes Moore’s (D) $70.8 billion spending plan unveiled last week closes a more than $1.5 billion deficit for fiscal 2027 but does little to ease projected future budget pain, lawmakers were told ...
The U.S. current account deficit narrowed sharply in the fourth quarter, hitting the lowest level in nearly five years, amid ...