Latest in 22.6 Trillion Issue
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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 -
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 -
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 - 6 days ago -
China Reveals $1.4 Trillion Plan to Bail Out Local Governments
The support package came after smaller measures were announced to jump-start growth. Economists said it was not big enough to address China’s sluggish economy.Business - The New York Times - Yesterday -
Tesla surpasses $1 trillion in valuation in the wake of Trump's victory
Tesla returned to the $1 trillion club Friday, after its stock surged in the days following Donald Trump's presidential election victory.Top stories - NBC News - Yesterday -
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 -
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 -
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 - Yesterday -
Tesla hits $1 trillion market cap as stock rallies after Trump win
Shares of Tesla climbed in afternoon trading Friday, pushing the electric vehicle maker's market cap past $1 trillion.Business - CNBC - 22 hours ago -
Tesla’s market cap hits $1 trillion after another Trump-fueled jump for the stock
Tesla Inc.’s market valuation hit $1 trillion on Friday, after a post-election rally lifted the electric-vehicle maker’s stock by more than 25% on hopes the incoming Trump administration could ...Business - MarketWatch - Yesterday -
How the IVF issue is playing with voters
Access to fertility treatments came to the political forefront earlier this year when the Alabama Supreme Court ruled that frozen embryos were considered children. As a result, in vitro ...Top stories - CBS News - October 18 -
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Biden Administration Issues Warning to Israel on Gaza Aid
The administration is urging Israel to improve the humanitarian situation in Gaza or risk a cut to arms sales, the starkest threat by the U.S. since the war began last year.World - The Wall Street Journal - October 15 -
Vance says there won't be 'civil unrest' if Trump wins
Vance says there won't be 'civil unrest' if Trump winsTop stories - NBC News - October 16 -
Amber warnings as Storm Ashley hits large parts of UK
Storm Ashley is expected to bring very high winds and rain, particularly affecting western areas on Sunday.Top stories - BBC News - October 20 -
Sorry, Trump. The Issue of Abortion Is Not Going Away.
It resists all attempts at moderation and compromise.Top stories - The New York Times - October 22 -
Paddington Bear gets a British passport
Film-makers asked for a passport to be used in the famous bear's new movie, Paddington in Peru.Top stories - BBC News - October 22 -
Why Gender May Be the Defining Issue of the Election
The issue is rarely directly addressed by either Vice President Kamala Harris or Donald Trump. But the 2024 contest is, in ways overt and subtle, a referendum on the role of women in American life.Top stories - The New York Times - October 23 -
Police reform has become a forgotten issue
Fatal shootings by armed UK officers are rare and statistics suggest system for monitoring cases is reasonableWorld - Financial Times - October 24 -
EPA issues 'zero-tolerance' rule for lead in homes
Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story EPA issues 'zero-tolerance' rule for lead in homes The Biden administration issued a rule ...Politics - The Hill - October 24 -
Uruguay’s 2024 Election: Candidates, Issues and Predictions
Crime, child poverty and an aging population are top issues as voters in one of Latin America’s most stable democracies head to the polls on Sunday.World - The New York Times - October 25 -
At Vatican Synod, Women’s Issues Are Relegated to a Side Group
A meeting four years in the making said the ordination of women required further study, but it called for women to have more leadership roles, even in seminaries.World - The New York Times - October 27 -
What will happen to Trump's legal issues after the election?
Donald Trump has more than just the presidency on the line Nov. 5 — the outcome of his various legal troubles hinges on the election, as well.Politics - NBC News - October 30 -
In Botswana’s Election, Diamond Profits Are a Defining Issue
The party that has governed the country since 1966 could lose power as the economy struggles from a slump in demand for diamonds, which made Botswana an African success story.World - The New York Times - October 29 -
Starbucks’s CEO Steps In to Tackle Long List of Issues
Customers are turning away from the coffee giant, and its new chief executive, Brian Niccol, has to figure out how to get them back.Business - The New York Times - October 30
