What Is a Current Account Deficit? A current account deficit happens when a country's imports exceed its exports in terms of goods and services. This deficit reflects a nation's foreign transactions ...

Washington – The U.S. current account deficit narrowed sharply in the fourth quarter, hitting the lowest level in nearly five years, amid a rise in primary income and a reduction in the goods trade ...

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 ...