Washington: The US goods trade deficit experienced a significant rise of 11.1% from the previous month, reaching $96.6 billion in May, based on data released Thursday.
According to Anadolu Agency, the Commerce Department reported that the deficit su…
St. Petersburg: Russia’s St. Petersburg International Economic Forum (SPIEF), often considered a counterpart to the World Economic Forum in Davos, focused this year on the pressing issues of high interest rates and the strength of the national currenc…
Washington: The US economy has contracted by 0.5% in the first quarter of 2025, compared to the previous quarter, the third reading of the Bureau of Economic Analysis (BEA) showed on Thursday.
According to Anadolu Agency, the GDP data was revised do…