Nouriel has already commented on the Economic Report of the President. He didn’t exactly like its international chapter. It didn’t rub me the wrong way quite as strongly - in part because I am more ...

Explore the differences between current and capital accounts and how they affect a nation's net income and asset-liability balance.

Q3 2025 U.S. Current Account: -$226.4B vs. -$235B consensus and -$249.2B prior (revised from -$251.3B), according to data released by the U.S. Bureau of Economic Analysis on Wednesday. The 9.2% ...

Donald Trump cited trade and account deficits to justify tariffs, but economists say the US balance of payments shows no problem.