• 10 things you need to know before the opening bell

    28 days ago - By Business Insider

    Here is what you need to know.
    The US budget deficit balloons. The deficit jumped 17% to $779 billion in the 2018 fiscal year, according to the Treasury Department. It was the largest deficit since 2012.
    Chinese inflation surged to its highest level in months. Consumer prices in China grew at a 2.5% year-over-year clip, the fastest since February, data released Tuesday by the National Bureau of Statistics showed.
    A $150 billion investment chief breaks down a ticking time bomb in markets that he thinks traders are foolishly ignoring. Brad McMillan, the chief investment officer of the $150...
    Read more ...

     

  • 10 things you need to know before the opening bell

    10 things you need to know before the opening bell

    28 days ago - By Business Insider

    Here is what you need to know.
    The US budget deficit balloons. The deficit jumped 17% to $779 billion in fiscal year 2018, according to the Treasury Department. It was the largest deficit since 2012.
    Chinese inflation surged to its highest level in months. Consumer prices in China grew at a 2.5% year-over-year clip, the fastest since February, data released Tuesday by the National Bureau of Statistics showed.
    A $150 billion investment chief breaks down a ticking time bomb in markets that traders are foolishly ignoring. Brad McMillan - the chief investment officer of the $150 billion...
    Read more ...

     

  • 10 things you need to know before the opening bell

    10 things you need to know before the opening bell

    28 days ago - By Business Insider

    Here is what you need to know.
    The US budget deficit balloons. The deficit jumped 17% to $779 billion in fiscal year 2018, according to the Treasury Department. It was the largest deficit since 2012.
    Chinese inflation surged to its highest level in months. Consumer prices in China grew at a 2.5% year-over-year clip, the fastest since February, data released Tuesday by the National Bureau of Statistics showed.
    A $150 billion investment chief breaks down a ticking time bomb in markets that traders are foolishly ignoring. Brad McMillan - the chief investment officer of the $150 billion...
    Read more ...

     

  • The U.S. Economy Is Booming. So Why Is the Federal Deficit at Its Highest Level Since 2012?

    The U.S. Economy Is Booming. So Why Is the Federal Deficit at Its Highest Level Since 2012?

    29 days ago - By Fortune

    The U.S. deficit just hit its highest level since 2012, according to the latest figures from the Treasury.
    The Trump administration announced that the deficit had risen by 17% in the 2018 fiscal year to $779 billion. That's an odd blip in an economy that's otherwise performing well. Unemployment is at its lowest level in nearly half a century, wages are gradually rising, and inflation is “ tame .” By contrast, in 2012, when the deficit topped $1 trillion the U.S. was still in the midst of digging itself out of a recession, and spending a lot to do so.
    So why is the deficit trending up in...
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  • US government budget deficit soars to 6-year high

    US government budget deficit soars to 6-year high

    29 days ago - By RT

    The US federal budget deficit jumped to $779 billion in fiscal year 2018, which ended September 30. It is the largest deficit since 2012, when it topped $1 trillion, according to the Treasury Department.
    Read more ...