Economists had expected the deficit to widen to $42.2 billion in July from a previously reported $41.5 billion shortfall in June

The US trade deficit narrowed in July to its lowest point in six months as exports rose to a record high, supporting views of sturdy economic growth i(...)

US consumer spending unexpectedly fell in July as savings rose to their highest level in more than 1.5 years, indicating that households remain cautio(...)

Gap is just one retailer who is hoping that its latest styles, which include zippered sweats and capri track pants, will encourage women to buy more. (Photograph: Bloomberg)

It shouldn’t be hard to kill skinny jeans. After all, women love and loathe them in equal measure. Three years ago, clothing merchants tried to snuff (...)

 US President Barack Obama delivers remarks to supporters as he talks about the economy and to rally support for his current economic policies in Kansas City, Missouri. Photograph: Ed Zurga/EPA

US job growth slowed in July and an unexpected rise in the unemployment rate pointed to some slack in the labour market that could give the Federal Re(...)

 US president Barack Obama looks at supporters after delivering remarks to students and guests at the Los Angeles Trade and Technical College in Los Angeles, California. Photograph: Michael Nelson/EPA

The US economy rebounded sharply in the second quarter as consumers stepped up spending and businesses restocked, putting it on course to close out th(...)

Cars pass in front of the new H&M flagship store which displays two giant images of the ‘Balloon Dog’ sculpture by US artist Jeff Koons in New York. Photograph: Andrew Gombert/EPA

Consumer confidence in the US unexpectedly declined in July to a four-month low as Americans’ outlook for the economy dimmed. Higher prices at grocery(...)

Overall retail sales last month were held back by a 0.3 per cent fall in receipts at car dealerships

US retail sales increased less than expected in June as receipts at car dealerships surprisingly fell, but details of Tuesday’s report suggested the e(...)

The US current account deficit increased to its widest point in almost 18 months in the first quarter as exports slumped and the surplus on primary i(...)

US retail sales rose less than expected in May and first-time applications for unemployment benefits increased last week, but that will probably do li(...)

The US economy contracted in the first quarter for the first time in three years as it buckled under the weight of a severe winter, but there are sign(...)