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economic growth

States offer big incentives for data centers’ growth
Jun 2, 2025

States offer big incentives for data centers’ growth

States across the U.S. are competing to attract data centers by offering major incentives and tax breaks, sparking pushback in local communities.

FILE - Shipping containers are seen ready for transport at the Guangzhou Port in the Nansha district in southern China's Guangdong province, April 17, 2025. (AP Photo/Ng Han Guan, File)
May 6, 2025

US trade deficit hits record high as businesses, consumers try to get ahead of Trump tariffs

U.S. trade deficit surged to a record $140.5B in March as businesses raced to import goods ahead of sweeping Trump tariffs, dragging on GDP growth.

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