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The US national debt has officially surpassed $40 trillion for the first time in history, and it’s growing fast.

The US national debt has officially surpassed $40 trillion for the first time in history, and it’s growing fast.

“You don’t put America first by putting U.S. cattle producers last,” U.S. Cattlemen's Association President Justin Tupper said.

Kevin Gordon, head of macro research & strategy at Schwab Center for Financial Research, joins Scarlet Fu and Tom Keene on "Bloomberg Money." (Source: Bloomberg)

Bloomberg's Sarah Foster joins Scarlet Fu and Tom Keene on "Bloomberg Money." Almost half of US millennials say their financial situation has improved from five years ago. That compares with 43% of Generation X and 40% of baby boomers who say the same. (Source: Bloomberg)

Kevin Gordon, head of macro research & strategy at Schwab Center for Financial Research, joins Scarlet Fu and Tom Keene on "Bloomberg Money." (Source: Bloomberg)

“I do believe very much in delayed gratification.”

Japan faces $63bn fiscal shortfall for food tax cut, defense buildup

Matt Zames will take on an unpaid adviser position at the Social Security Administration, according to reports.

A U.S. government lab wants to know if Chinese LiDAR is a national security risk -- TechCrunch