A Trillion-Dollar Deficit May Be Just What the Economy Needs

(Bloomberg Opinion) — The federal budget deficit was just shy of $1 trillion for fiscal year 2019, prompting the usual hand-wringing about the long-term fiscal health of the U.S. These concerns are overblown. For now, the deficit is reducing the risk of an economic crisis, not increasing it.To be sure
— Read on ca.finance.yahoo.com/news/trillion-dollar-deficit-may-just-123024053.html

US has more than 600,000 millennial millionaires, according to report

There are are 618,000 millennial millionaires in the U.S. and their wealth is only expected to grow. Millennials are expected to be five times more wealthier in the next decade alone than they are now, according to a report by Coldwell Banker.
— Read on www.cnbc.com/2019/10/16/us-has-more-than-600000-millennial-millionaires-according-to-report.html

Trump says US-China trade talks are ‘going very well’

WASHINGTON — President Donald Trump offered an upbeat assessment of U.S.-China trade talks and said he would meet at the White House on Friday with the leader of the Chinese negotiating team.Expectations were low that the negotiations would do much to resolve a 15-month trade battle that is weighing
— Read on ca.finance.yahoo.com/news/trump-says-us-china-trade-051258423.html