Trade deficit in October hits smallest since 2009 after Trump's tariff moves
The trade shortfall was just $29.4 billion for October, down 39% from the prior month.

The trade shortfall was just $29.4 billion for October, down 39% from the prior month.
The Trump administration used to military to snatch Venezuelan President Nicolas Maduro last week.
Microsoft is also a defendant in the case, with Musk alleging the company aided and abetted OpenAI's breach of fiduciary duty.
Trump's message may be aimed at places like Atlanta and Jacksonville, metropolitan areas where investor ownership is more visible than elsewhere.
The latest housing survey shows agents slightly more optimistic about the new year, and shows a previously strong buyer's market becoming more balanced.
U.S. defense stocks rallied in pre-market moves, following their European counterparts.
Cox Automotive expects wholesale prices on the Manheim Used Vehicle Value Index will end this year 2% higher than December 2025.
Bessent on Thursday pressed the administration's desire for lower interest rates, saying they are the key to future economic growth.
President Trump says the U.S. raised more than $600 billion in tariff revenue. He previously suggested sending Americans $2,000 checks as a "dividend" payment.
CNBC "Squawk Box" anchor Becky Quick details her daughter's rare disease journey, and explains why it inspired her to launch CNBC Cures.
The three-year extension of enhanced Obamacare tax credits is slated for a final vote in the House on Thursday.
Last year's big cybersecurity deals include Google's $32 billion Wiz acquisition and Palo Alto Networks' $25 billion CyberArk takeover.
The Billionaire Tax Act would impose a one-time tax of 5% on the total wealth of California tax residents whose net worth is $1 billion or more.
CNBC Cures aims to raise awareness of rare diseases. Led by "Squawk Box" anchor Becky Quick, CNBC Cures was inspired by her family's own rare disease journey.
Google is adding more Gemini features to Gmail, the company's latest effort to spread its core AI product across its product portfolio.
U.S. Secretary of State Marco Rubio says that he intends to convene with Danish officials next week to discuss Greenland.
Planned job cuts totaled 35,553 for the month, a 50% slide from November and an 8% decrease from the same period a year ago.
The Kremlin has not commented on Trump's Greenland ambitions, with analysts saying they serve a bigger purpose for Moscow.
Energy Secretary Chris Wright said Wednesday that the U.S. will control Venezuela's oil sales indefinitely.
Investment firms of the ultra-rich didn't jump into the M&A frenzy during the holiday season.
Locals have concerns about water use in a township that has dealt with shortages.
JPMorgan Chase has reached a deal to take over the Apple credit card from Goldman Sachs, the two banks said late Wednesday.
The U.S. military operation dubbed "Absolute Resolve" had seven U.S. troops injured during the capture of Nicolás Maduro and his wife.
Shares of General Dynamics, Lockheed Martin and Northrop Grumman each fell following Trump's comments.