Trade gap widens to $44.4B as oil imports rise

WASHINGTON — The U.S. trade deficit widened in January, reflecting a big jump in oil imports and a drop in exports. The Commerce Department said Thursday that the deficit rose to $44.4 billion, an increase of 16.5 percent from December. U.S. exports dropped 1.2 percent to $184.5 billion, reflecting declines in sales to Europe, China, [...]