The May U.S. trade deficit came in at negative $77.6 billion, a jarring jump from April’s negative $54 billion and the widest monthly gap since March 2025. CNBC’s Rick Santelli walked through the number on air July 7,

The gap between imports and exports widened 42 percent in May to $77.6 billion, the largest in more than a year.

Add Yahoo as a preferred source to see more of our stories on Google. It doesn’t mean the U.S. is losing money. It simply means foreigners are sending the U.S. more goods than the U.S. is sending them. America is getting more cheap goods, and in return ...

With current trends showing Iowa running out of money in the next four years, one political science professor said the issue could come up in this year's election.

CNBC’s Rick Santelli breaks down the latest economic data to cross the tape.

The latest fiscal accounts nevertheless reflect the impact of front-loaded government spending.

A new Brookings/Fed paper finds AI productivity could meaningfully shrink the U.S. deficit — until you count the side effects, which could erase more than half the savings before Washington even cashes the check.

Australia unexpectedly swung into a AUD 3.02 billion trade deficit in May 2026, defying consensus market forecasts of an AUD 2.2 billion surplus. The sharp reversal follows a downwardly revised AUD 1.