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NewsWatch: Why the U.S.-China trade deficit is so huge: Here’s all the stuff America imports

MARKETWATCH FRONT PAGE

President Donald Trump will let tariffs on Chinese goods worth up to $50 billion take effect after talks between the two countries over the large U.S. trade deficit got nowhere. See full story.

The financial hole for Social Security and Medicare is even deeper than the experts say

The combined unfunded liabilities of Social Security and Medicare are more than $50 trillion, according to official government projections. But those estimates are probably optimistic — for two reasons. See full story.

Young fathers can teach older dads this critical financial lesson

When you were born remains a powerful factor in predicting future income and wealth.

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