Latest in F Trillion
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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 -
Sources: Jazz's Hendricks to miss rest of season
Jazz forward Taylor Hendricks exited Monday's game against the Mavericks after suffering a fractured right fibula and dislocated ankle.Sports - ESPN - October 29 -
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 -
U.S. Shifts Ukraine's F-16 Training to Focus on Younger Pilots
The decision could extend by many months the timeline for when Kyiv will have a full squadron of the Western-built aircraft ready for the battlefield.World - The Wall Street Journal - October 17 -
Ford Motor to Pause F-150 Lightning Production for Several Weeks
The automaker said it would idle the assembly factory that makes the battery-powered truck from mid-November to Jan. 6.Business - The Wall Street Journal - October 31 -
Ford to pause production of F-150 Lightning electric pickup trucks
Ford is temporarily halting production of its F-150 Lightning electric pickup truck as motorists cool on EVs.Top stories - CBS News - October 31 -
At Daniel Penny’s Trial, Subway Passengers Describe Harrowing F Train Ride
Witnesses from the subway train said they feared Jordan Neely but also described the horror of watching him die in a chokehold.Top stories - The New York Times - 4 days ago -
How much of the vote did Robert F. Kennedy Jr. receive?
In late October, the Supreme Court rejected an emergency appeal to remove RFK Jr. from the presidential ballot in two battleground states.Politics - The Hill - 3 days ago -
Israel, Boeing agree to $5.2B deal for 25 F-15 fighter jets
Israel's Ministry of Defense and Boeing agreed to a $5.2 billion deal to acquire 25 F-15 next-generation fighter jets. The Jewish state’s defense ministry said the agreement, signed on Wednesday, ...Politics - The Hill - 2 days ago -
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 -
John F. Kennedy Jr.’s 1990s-Era Magazine Is Back, With a QAnon Twist
It is a reanimation story strange enough for a zombie movie, made possible by the fact that the original George trademark lapsed, only to be secured by a conservative lawyer.Top stories - The New York Times - October 14 -
NFL Week 6 grades: Bills earn a 'B' for Monday win over Jets, Cowboys get an 'F' for embarrassing blowout loss
Here are the Week 6 grades for every team that playedSports - CBS Sports - October 15 -
Japan, UK and Italy to expedite next-generation fighter jet to replace F-2s and Eurofighter Typhoons
The defense ministers of Japan, the U.K. and Italy have agreed to accelerate the joint development of a next-generation fighter jetTech - ABC News - October 20 -
Joni Mitchell rouses the Hollywood Bowl with an epic 3-hour Joni Jam (and F-bomb Trump diss)
Two years after her surprise comeback at the Newport Folk Festival, 80-year-old Joni Mitchell played the first of two sold-out shows at the Hollywood Bowl.Entertainment - Los Angeles Times - October 20 -
James Gunn Says Superman Actor David Corenswet Will "F**king Blow People Away"
James Gunn's Superman is coming to theaters in July 2025, but when will the first trailer drop? We still don't know, but writer-director James Gunn, who is also the co-head of DC Studios, teased ...Tech - GameSpot - October 21