December 2019

China’s Hard-Liners Win a Round in Trump’s Trade Deal

BEIJING — President Trump’s initial retreat from his trade-war threats has handed hard-liners in China a victory. A longer, pricklier trade war and stiff Chinese resistance to economic reforms could result. Mr. Trump on Friday outlined a partial trade deal that deferred new tariffs on $160 billion a year in Chinese-made goods, a move that

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The Decade in Retirement: Wealthy Americans Moved Further Ahead

Just 52 percent of American households owned retirement accounts in 2016, according to Federal Reserve data, not much changed from 2010, when that figure stood at 50 percent. Racial gaps in account ownership are especially pronounced — 58 percent of white households owned retirement accounts in 2016, compared with just 33.6 percent of black households

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