Latest in 1.4 Trillion Plan
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China Reveals $1.4 Trillion Plan to Bail Out Local Governments
The massive support package came after a series of smaller measures in recent weeks were announced to jump-start growth in China’s sluggish economy.Business - The New York Times - 6 hours ago -
Beijing considers $1.4 trillion borrowing increase to support economy: Reuters
Fresh stimulus would help local authorities resolve off balance-sheet debtBusiness - MarketWatch - October 29 -
China announces $1.4 trillion package over five years to tackle local governments' 'hidden' debt
Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.Business - CNBC - 2 hours ago -
How Trump Superfan Elon Musk’s Plan to Cut $2 Trillion in Spending Could Mean Economic Chaos
The GOP candidate has spoken of making the billionaire CEO in charge of a ‘Department of Efficiency,’ but experts warn those dramatic reductions could mean instability and turmoil.Business - Inc. - October 30 -
Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit
Swiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations following its integration of collapsed domestic rival Credit Suisse.Business - CNBC - October 30 -
Kroger to pay nearly $1.4 billion to settle opioid lawsuit claims
Supermarket chain Kroger has finalized a nearly $1.4 billion agreement to settle the majority of the claims made by states, counties and Native American tribes that accused the company of helping ...Politics - The Hill - 3 days ago -
Inside AI’s $1 Trillion Cash Bonfire
Generative AI companies have spent a fortune still searching for a killer app.Business - Inc. - October 14 -
U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark
The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said Friday.Business - CNBC - October 18 -
Nvidia closes at record as AI chipmaker's market cap tops $3.4 trillion
Nvidia shares closed at an all-time high on Monday as the chipmaker continues to ride a massive wave of demand for its artificial intelligence chips.Business - CNBC - October 14 -
At $1 trillion, Biden-Harris the most wasteful administration ever
The Biden-Harris administration has wasted more money than any other administration in modern history, with $1 trillion wasted on improper payments, and an additional $7.65 trillion in deficit ...Politics - The Hill - October 15 -
Trump Brags About His Math Skills and Economic Plans. Experts Say Both Are Shaky.
In a combative interview, the former president hinted at even higher tariffs as an economic magic bullet.Business - The New York Times - October 15 -
Chip industry faces talent shortage as revenues head to $1 trillion | Deloitte
Deloitte says the chip industry will hit $1T in 2030, but a huge talent shortage looms across the entire world.Tech - VentureBeat - October 15 -
The Quarter-Trillion-Dollar Rush to Get Money Out of China
Chinese residents, worried about growth, have been illicitly moving billions of dollars out of the country, using everything from crypto to fine art.World - The Wall Street Journal - October 23 -
Global public debt will hit $100 trillion by year-end, says IMF
The IMF warned of the risks posed by unsustainable public debt levels.Business - CNBC - October 23 -
Trump, Harris tax-break costs soar to more than $12 trillion
Vice President Kamala Harris and former President Donald Trump have been proposing a slew of new tax cuts and credits over the course of their campaigns, and are even adding to the list in the ...Business - MarketWatch - October 29 -
Musk draws skepticism with call for $2 trillion in spending cuts
Tesla CEO Elon Musk’s call for “at least” $2 trillion in cuts to federal spending is drawing skepticism from experts as the billionaire tech magnate cements himself as one of former President ...Politics - The Hill - 5 days ago -
War is but one path to the Iron Throne: Iconic 'Game of Thrones' chair sells for $1.4 million
An Iron Throne from 'Game of Thrones' sells at auction, along with hundreds of other items from the epic HBO series. The entire haul fetches $21 million.Entertainment - Los Angeles Times - October 14 -
NFL owners approve Jacksonville's $1.4 billion 'stadium of the future' set to open in 2028
NFL owners have unanimously approved Jacksonville’s $1_4 billion “stadium of the future."Sports - ABC News - October 15 -
Junk-rated companies face record refinancing needs above $2 trillion through 2029, Moody’s says
Barring an economic slowdown, market conditions are still favorable, with interest rates expected to continue to come down and investors expected to be receptive to credit marketsBusiness - MarketWatch - October 14 -
Trump and Harris would add trillions to the national debt. Here’s why it could lead to higher costs for households.
The combined cost in new debt of former President Donald Trump’s and Vice President Kamala Harris’s tax and spending proposals would dwarf those put forward in previous election cycles, according ...Business - MarketWatch - October 18 -
If Musk and Trump want to cut federal spending by $2 trillion, they’ll have to come for Social Security and Medicare
Musk is talking big cuts. Something’s got to give.Business - MarketWatch - October 29 -
Zelensky's victory plan for Ukraine
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Zelensky's victory plan for Ukraine is here Ukrainian President ...Politics - The Hill - October 16 -
Trump's big tariff plans
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story What Trump can do on tariffs without Congress Former President Trump is going all ...Politics - The Hill - October 25 -
UK savings plans overhauled with planned pension tax changes
Advisers race to rethink approach after Rachel Reeves pledges to bring retirement pots under inheritance levy regimeBusiness - Financial Times - October 31 -
Pakistan pitch plan a compliment to England
England should be flattered by Pakistan's pitch plan, but the second Test wasn't only decided at the toss, says Stephan Shemilt.Top stories - BBC News - October 18 -
What to know about estate planning
A new survey shows the number of Americans with a will has decreased by 6% from last year, even though the majority say having a will is important. CBS News business analyst Jill Schlesinger ...Top stories - CBS News - October 24 -
Inside Donald Trump’s plans for the world
Also in today’s newsletter, the fallout from the former president’s closing argument and Democrats chip away at Wisconsin’s WOW countiesWorld - Financial Times - October 29 -
Child benefit reform plans scrapped
A planned move to a system where claims are based on household income, rather than an individual's, will not go ahead.Top stories - BBC News - October 31 -
Fear, Imagining, and the State of the "Yzer-plan"
A month into the season, the Red Wings look to have regressed from last year's side that couldn't snag a playoff berth. As anxiety mounts, what is the path forward for the Yzerman era in Detroit?Sports - Yahoo Sports - October 31 -
Harris expands economic plans with focus on Black men
Vice President Harris on Monday released an opportunity agenda for Black men, focusing on helping business owners, teachers, cryptocurrency investors, men with health conditions, and men in the ...Politics - The Hill - October 14 -
An Escape Plan for the Browns Once They (Finally) Admit It’s Over
Another week, another depressing performance from the offense, followed by credibility-sapping assurances that Deshaun Watson remains QB1, a columnist for The Athletic writes.Sports - The New York Times - October 14 -
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Sources: Lonzo Ball plans to return vs. Wolves
After missing two straight NBA seasons, Bulls guard Lonzo Ball is expected to make his return to basketball in Wednesday night's preseason home game against the Timberwolves, sources told ESPN.Sports - ESPN - October 14 -
Portugal’s bold plan to win back youth
Low taxes are just one factor influencing where young people decide to set upWorld - Financial Times - October 14 -
