Financial institutions globally failed to meet $2.5 trillion in financing that companies needed for trade last year, holding back the global economy, according to a new survey by the Asian Development Bank.

The overall trade gap plunged 39% to $29.4 billion in October, as imports fell by 3.2%, Department of Commerce figures show. The deficit was significantly lower than the $58.4 billion median forecast from surveys of economists by Dow Jones Newswires and The Wall Street Journal.

The Treasury basis trade simply consists of selling Treasury futures and buying Treasuries, and using massive dollops of leverage to turn their small but persistent price divergence — driven by a medley of technical factors — into a fairly steady stream of moolah. Here’s a more thorough FT explainer for those interested in more detail.

Wide receiver A.J. Brown was a key ingredient in the Philadelphia Eagles' Super Bowl run in 2024, and the time may soon arrive for him to help another franchise take a big step forward.

Plenty of coveted draft assets could move at the deadline. Bobby Marks examines the picks, swaps and protections to watch.

SAO PAULO/MONTEVIDEO, Jan 13 () - A mega trade deal clinched between the European Union and South America’s biggest economies after a quarter-century of talks may signal the limits of the Trump administration’s pressure tactics in the region,

We've officially reached the second half of the NHL season, so you know what that means: It's time to start talking about the trade deadline.