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

Add Yahoo as a preferred source to see more of our stories on Google. A Department of Legislative Services chart shows the worsening state budget deficits in coming years. (Chart courtesy Department ...

The U.S. Current Account deficit narrowed 43% to -$251.3B in Q2 2025 from -$439.8B prior (revised from -$450.2B) in Q1, as tariffs depressed imports, according to data released by the U.S. Bureau of ...

Richard Cooper has an oped in today’s FT (avaible here, subscription needed) arguing that the US current account deficit is “not only sustainable, it is perfectly logical”. Cooper argues that a $500 ...