Financial

US trade deficit hits record high as economy picks up speed

Receive instant alerts when news about your stocks is available. Claim your 1-week free trial for StreetInsider Premium here. By Lucia Mutikani WASHINGTON (Reuters) – The US trade deficit hit an all-time high in February as the country’s economic activity rebounded faster than that of its global rivals and could …

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Definition of parallel loan

What is a parallel loan? A side loan is a four-party arrangement in which two parent companies from different countries borrow money in their local currency and then lend that money to the other’s local branch. The purpose of a parallel loan is to avoid borrowing money from one country …

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USA have work to do for Mexico final

NASHVILLE, Tennessee – United States Men’s National Team manager Gregg Berhalter said his team’s 3-1 win over Jamaica in the Gold Cup semi-finals was a “step in the right direction “. The United States advanced to Sunday’s final against rivals Mexico with two goals from Christian Pulisic and another from …

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