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Economy

Economy  |  Paul Wiseman, Associated Press  • 
November 19, 2025

U.S. trade deficit drops 24% in August as Trump’s tariffs reduce imports

A drop in imports and the trade deficit is good for economic growth because foreign products are subtracted from the nation's gross domestic product.
Economy  |  Christopher Rugaber, Associated Press  • 
October 29, 2025

Federal Reserve cuts key rate as government shutdown clouds economic outlook

Wednesday's decision brings the Fed's key rate down to about 3.9%, from about 4.1%. Lower rates could, over time, reduce borrowing costs for mortgages, auto loans, and credit cards, as well as for business loans.