Story developing. Stay tuned for updates here. The numbers: The U.S. trade deficit sank almost 11% in August to a five-month low because of lower imports of oil and new cars, potentially giving a boost to the official measure of economic growth in the ...

The U.S. trade deficit narrowed sharply in August as exports increased and imports fell, suggesting that trade could be a small drag on economic growth in the third quarter.

The U.S. trade deficit narrowed sharply in August as exports increased to a record high, suggesting that trade could have little or no impact on economic growth in the third quarter. The smaller-than-expected