Story preview
Continue reading on the publisher site for the full article.
News Atlas is free and independent. If it’s useful to you, you can support it with a coffee. ☕ Buy me a coffee
Coverage
Tone
Outlets covering it
5
in the last 3 days
First reported
3 days ago
4 outlets since
Countries
4 other outlets reported this story in the last 3 days.
August's trade gap blew past forecasts while the stock market shrugged and climbed higher, and the reason behind both moves points to a spending wave that could just as easily flip into the next recession signal.
US trade deficit widened to $105.6 billion in August as imports rose 4.3 per cent to $420.8 billion, outpacing a 1.4 per cent rise in exports.
Plus, Volvo’s CEO explains how the Chinese-owned automaker plans to revive its fortunes.