The November deficit was 19.3% higher than the October deficit of $67.2 billion and was just below the all-time monthly record of $81.4 billion set in September, the Commerce Department reported Thursday.
November imports, goods Americans bought from other countries, jumped 4.% to $304.4 billion in November while exports, those the U.S. sends overseas, edged up a scant 0.2% to $224.2 billion.
Continue reading your story on the app
Continue reading your story in the magazine
AMAZON PLANS TO OPEN NEW CENTRAL INDIANA WAREHOUSE THIS YEAR
Mayor Steve Barnett said the exact number of expected jobs has not yet been shared with the city, the Daily Journal reported. City officials said the warehouse will receive inventory and workers will sort and ship orders.
FACT CHECKERS SAY YOUTUBE LETS ITS PLATFORM BE ‘WEAPONIZED'
More than 80 fact-checking organizations are calling on YouTube to address what they say is rampant misinformation on the platform.
HONDA EXEC: HIGH AUTO PRICES MAY DROP, BUT NOT DRAMATICALLY
Honda expects its factories to make more vehicles this year despite a computer chip shortage and supply chain troubles. But because it’s starting the year with so few vehicles at dealers, the company expects U.S. sales to fall below last year’s numbers.
SPACE TELESCOPE'S EYE' OPENS, LAST MAJOR HURDLE ‘GOLDEN
NASA’s new space telescope opened its huge, gold-plated, flower-shaped mirror Saturday (08), the final step in the observatory’s dramatic unfurling.
AFTER WAVE OF CANCELLATIONS, DELTA SEES RECOVERY IN 2022
Delta Air Lines lost $408 million in the final quarter of 2021, dragged down by a COVID-19 surge that rocked the airline in December, and the carrier predicted Thursday that it will suffer one more quarterly loss before travel perks up in spring and summer.
JUDGE SAYS FTC'S ANTITRUST CASE AGAINST FACEBOOK CAN PROCEED
A federal judge has ruled that the Federal Trade Commission’s revised antitrust suit against Meta, formerly known as Facebook, can proceed, shutting down the social media company’s request for a dismissal.
TAIWAN CHIPMAKER TSMC SAYS QUARTERLY PROFIT $6 BILLION
Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips, reported Thursday its quarterly profit rose 16.4% over a year earlier to $6 billion amid surging demand for chips for smartphones and other electronics.
GRAND THEFT AUTO MAKER BUYS FARMVILLE COMPANY IN $12.7B DEAL
Take-Two Interactive, maker of “Grand Theft Auto” and “Red Dead Redemption,” is buying Zynga, maker of “FarmVille” and “Words With Friends,” in a cash-and-stock deal valued at about $12.7 billion.
WILL SMITH, LADY GAGA, BEN AFFLECK SCORE SAG NOMINATIONS
The Oscar race may be missing in-person glitz this year, but it doesn’t lack for star power. Will Smith, Lady Gaga and Ben Affleck landed individual nominations for the 28th Screen Actors Guild Awards on Wednesday, while the casts of “Belfast” and “CODA” were among those nominated for the guild’s top award, best ensemble.
5 Steps to Reach Your Money Goals in 2022
In addition to the new year bringing confetti and a fresh calendar, it’s a time to set big money goals for the next 12 months. That might mean finally paying off debt, buying a house or taking a long-delayed vacation.