The United States may have averted a debt default, and ended the federal government shutdown, but costly political reverberations continue. The experience of Democratic and Republican leaders frozen in unmoving partisan positions has been unnerving, abroad and at home.
WASHINGTON | A decline in exports and a sharp rise in imports pushed the U.S. trade deficit in June to its widest point since October 2008, raising new concerns about the weakening economic recovery.
WASHINGTON (AP) — The U.S. posted solid gains in exports in May, a positive sign for the economy. And while imports grew even faster, some economists saw that as a hopeful sign because it suggests companies are betting that consumers will spend more in coming months.
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