(FinancialExpress) — The trade deficit in the US widened in March to the highest level in more than a year as the cost of imported oil climbed and companies restocked shelves with goods bought abroad. The gap grew 2.5% to $40.4 billion, in line with the median forecast, Commerce Department figures showed on Wednesday in […]
(Reuters) — In contrast, the decision by three bankers to stop underwriting New York City’s debt in its mid-1970s fiscal crisis forced politicians, business leaders and public employee unions to accept painful solutions, he said. “Strangely enough, the financial community is willing to lend the state all kinds of money — they have 20-odd schemes […]