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2026-07-07T13:43:15.600Z

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OpenAI Achieves Major AI Breakthrough

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3 Hrs2026-09-09T03:32:00.000Z
OpenAI Achieves Major AI Breakthrough

Copper reaches new peak amid supply shortfall

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21 Hrs2026-09-08T09:26:00.000Z
Copper reaches new peak amid supply shortfall

Alain reaches 7-month peak amid Asian stock swings

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21 Hrs2026-09-08T09:18:00.000Z
Alain reaches 7-month peak amid Asian stock swings

King Salman Center and stc sign sponsorship deal for 7th Rehab Conference

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22 Hrs2026-09-08T09:05:08.710Z
King Salman Center and stc sign sponsorship deal for 7th Rehab Conference

Madinah Knowledge Signs City 2 Forum Deal

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23 Hrs2026-09-08T07:55:00.043Z
Madinah Knowledge Signs City 2 Forum Deal
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U.S. Trade Deficit Widens as Imports of Capital Goods Reach Record High

U.S. Trade Deficit Widens as Imports of Capital Goods Reach Record High

The United States experienced a sharp expansion of the trade deficit in May, rising by 42.2% to reach $77.6 billion, according to the Bureau of Economic Analysis and Census Bureau. This increase was driven by a record-high import of capital goods valued at $128 billion, reflecting increased corporate spending on AI projects, while exports declined by 3.2% to $317.7 billion, despite oil exports reaching an all-time high. This trend indicates the continued negative impact of trade on U.S. economic growth in the second quarter.

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