U.S. food inflation has cooled sharply from its pandemic-era peak — but the latest data come with an unusual warning label.
All posts by Deena Zaidi
U.S. Trade Deficit Narrows to the Smallest Gap Since May 2009
The U.S. trade deficit narrowed dramatically in October 2025, falling to $29.4 billion, the smallest monthly gap since May 2009, according to new data from the U.S. Census Bureau and Bureau of Economic Analysis. That represents a 39% drop from a revised $48.1 billion deficit in September.
Five Charts That Defined How the U.S. Economy Shifted in 2025
In 2025, the U.S. economy didn’t simply cool or rebound but changed in ways that were visible in the data itself.
A shutdown distorted inflation, tariffs reset global trade, U.S. debt buyers quietly swapped places, and food prices surged. I pick five charts that captured how policy and politics reshaped the American economy in 2025.
Who Holds U.S. Debt in 2025? Top Foreign Holders of U.S. Treasury Securities
Foreign investors now hold more than $9 trillion in U.S. Treasurys, but growing purchases by advanced economies contrast with pullbacks by China and other emerging markets.