Latest in Able Cut Trillion
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Will Elon Musk be able to cut $2 trillion from US government spending?
The Tesla CEO claimed he could slash US spending by eradicating “waste”.Top stories - BBC News - Yesterday -
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 - November 3 -
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 -
Will Democrats be able to claim the House majority?
With about 54 seats in the House yet to be called, Democrats are hopeful that they can claim the House majority by winning over swing districts in New York and California. In several battleground ...Top stories - NBC News - November 6 -
You May Not Be Able to Outrun a Vampire Bat
Scientists put the bloodsucking mammals on a treadmill to understand how they get the energy to chase down their next meal.Science - The New York Times - November 7 -
Mahomes 'able to move around,' won't be limited
Chiefs QB Patrick Mahomes will not be limited in practice after injuring his ankle on Monday night, saying "it's a little bit sore" but "I'm able to move around."Sports - ESPN - November 6 -
AirTag users will soon be able to share location with airlines
Ever use an AirTag to locate lost luggage? Soon airlines will be able to see your bag's AirTag location, too.Top stories - CBS News - 2 days ago -
Mr. Musk Goes to Washington — With a $2 Trillion Agenda
Donald Trump tapped the tech mogul to co-lead an effort to slash government spending, but questions abound over how such an initiative would actually work.Business - The New York Times - Yesterday -
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 -
Daniel Khalife van 'able to leave prison despite alert'
An ex-soldier accused of a prison escape was seen getting out from underneath a truck, a court has heard.Top stories - BBC News - October 22 -
North Korea boasts of new ICBM able to reach the U.S. mainland
North Korea bragged of its recently tested new intercontinental ballistic missile, calling it “the world’s strongest,” a claim viewed by experts as propaganda.Top stories - NBC News - November 1 -
DACA recipients are able to sign up for Obamacare for the first time
DACA recipients are able to sign up for Obamacare for the first time starting November 1 when the Affordable Care Act Open Enrollment Period begins.Top stories - NBC News - November 1 -
Tenants may not be able to buy new council homes, Rayner tells BBC
Angela Rayner told the BBC restrictions would be placed on new social homes in England.Top stories - BBC News - November 7 -
Powell and the Fed won't be able to avoid talking about Trump forever
The Fed chair dodged question after question at his news conference Thursday about his thoughts on President-elect Donald Trump.Business - CNBC - 6 days ago -
Exxon CEO says Trump won’t be able to ‘unleash’ new energy production
President-elect Donald Trump campaigned on a platform to significantly ramp up U.S. oil production and bring down the cost of energy, but the head of the nation’s largest energy company is doubtful ...Business - MarketWatch - 2 days ago -
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 -
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 - 6 days ago -
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 - 6 days ago -
Countries Weigh How to Raise Trillions for Climate Crisis at COP29
Low-income countries need at least $1 trillion a year to manage climate change. Donald Trump’s victory just made that more difficult, but options exist.World - The New York Times - 2 days ago -
Meet the unwilling faces of GOP anti-trans ads: ‘I haven’t been able to sleep’
Former President Trump and Republican congressional candidates have blanketed the nation with campaign ads critical of transgender rights, painting their Democratic opponents as radical for ...Politics - The Hill - October 30 -
Aaron Judge's legacy took a hit in World Series with no guarantee Yankees star will be able to redeem himself
The presumptive AL MVP was practically an empty roster spot in October once againSports - CBS Sports - October 31 -
Trump just might be able to impose higher tariffs without starting a trade war
The president-elect’s trade policies are still uncertain. But here are some potential pros and cons.Business - MarketWatch - 6 hours ago -
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 -
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 - 6 days ago -
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 - 6 days 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 - 6 days ago -
Credit card debt hits record $1.17 trillion, New York Fed research shows
Credit card balances rose in the third quarter of 2024, the Federal Reserve Bank of New York found.Business - CNBC - Yesterday -
Americans’ $1 trillion credit-card debt problem is inching in the right direction as inflation eases
Americans are still building up their credit-card balances, but they’re doing a better job paying those bills on time — and it could be sign that inflation’s bite is easing.Business - MarketWatch - 15 hours ago -
Crypto Industry Pushes Policy Change Agenda as Global Investment Tops $3.2 Trillion
Crypto companies want the Trump administration to promote digital assets and can expect a friendlier regulatory climate. The U.S. election has pushed global crytpo totals to record highs.Business - Inc. - 11 hours ago -
Titans cutting Jamal Adams
Jamal Adams' brief tenure in Tennessee is coming to an end.Sports - Yahoo Sports - October 17 -
Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall furtherWorld - Financial Times - October 23 -
OPEC extends oil output cuts
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...Politics - The Hill - November 4