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economicdata
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Business & Economy · United StatesUS trade deficit grew 24.4% to $88.6 billion in July
The US trade deficit in goods and services increased by 24.4% in July, reaching $88.6 billion. This widening gap was driven by a significant rise in imports, particularly of capital goods and computer accessories, reflecting increased investment in artificial intelligence.
United States2 min readTrust 55 · Craft 55 · Hype 35
Business & EconomyCanada’s July 2026 inflation data to show gas price rebound, economists say
Economists expect Canada’s annual inflation rate rose to 2.9 percent in July 2026 after a June dip to 2.8 percent, driven by higher gas prices from renewed Middle East tensions. The data will inform the Bank of Canada’s next rate decision on 2 September.
4 min readTrust 62 · Craft 85 · Hype 15