Latest in Inherits 1.6 Trillion
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‘I trust that my husband isn’t a gold digger’: I’m inheriting millions of dollars. My husband says I’m ‘selfish’ to keep it. Should I share it?
“I have been a stay-at-home mom for the past five years and my husband is the sole breadwinner.”MarketWatch - 8h -
Trump inherits a $1.6 trillion student-loan crisis. What he does next will impact millions of borrowers.
As Donald Trump takes the oath of office, student-loan borrowers face uncertainty about the future of their debtMarketWatch - 10h -
Trump inherits fragile Gaza ceasefire
The ceasefire between Israel and Hamas, expected to begin its first phase Sunday, has brought relief to the international community but questions about whether the truce will hold — an issue that ...The Hill - 2d -
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 trillion in fiscal 2025. The nonpartisan budget scorekeeper estimated that federal spending ...The Hill - 3d -
Toyota Truck Unit Will Pay $1.6 Billion to Settle Emissions Fraud Case
Hino Motors, a Toyota subsidiary, will plead guilty to conspiracy charges and pay penalties for deceiving regulators about its diesel engines, the E.P.A. said.The New York Times - 4d -
Toyota reaches $1.6 billion settlement of emissions fraud case in U.S.
U.S. officials announced a $1.6 billion deal with Toyota's Hino Motors unit to settle charges it deceived regulators about the amount of emissions spewed by its diesel engines.CBS News - 4d -
Toyota subsidiary to pay $1.6 billion over U.S. emissions fraud case
Toyota subsidiary Hino Motors will pay $1.6 billion to settle a fraud case that alleged the company deceived regulators about emissions amounts from its diesel engines, U.S. officials have ...CBS News - 4d -
China Has a $1 Trillion Head Start in Any Tariff Fight
As Donald Trump prepares for his second term, China’s dominance of global manufacturing is greater than ever.The Wall Street Journal - 4d -
Trump to inherit 5-month high inflation rate
President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the ...CBS News - 5d -
Music streams hit nearly 5 trillion in 2024, with women pop performers leading in US
Did you stream more music in 2024ABC News - 5d -
Consumer price growth rose in December, a sign Trump will inherit stubborn inflation as he takes office
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that dogged the Biden administration as he re-takes the White House next week.NBC News - 5d -
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A Spymaster Sheikh Controls a $1.5 Trillion Fortune. He Wants to Use It to Dominate AI
Tahnoun bin Zayed al Nahyan—the UAE’s chess-obsessed, jiujitsu-loving intelligence chief—controls vast sums of sovereign wealth. America’s AI giants are scrambling for a piece of it.Wired - 6d -
China’s $1 Trillion Trade Surplus: What to Know as Trump Takes Office
Only a third of China’s trade surplus was with the United States, and only a third of the U.S. deficit was with China. That makes for tricky math for the president-elect.The New York Times - 6d -
‘I’m rich beyond my wildest dreams’: I’m 66 and inherited $500,000. How do I make sure this money lasts?
“Should I buy an investment property? Stocks? CDs?”MarketWatch - Jan. 13 -
China’s Trade Surplus Reaches a Record of Nearly $1 Trillion
China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two world wars.The New York Times - Jan. 13 -
My brother is squatting in a house that my siblings will eventually inherit. How do we get him out?
“We lost our dad 12 years ago and have been caring for our 82-year-old mom, who still lives independently.”MarketWatch - Jan. 11 -
Is Donald Trump inheriting the best economy in history?
President-elect Trump will enter office with the lowest unemployment rate since Richard Nixon in 1969 — but red flags remain.MarketWatch - Jan. 11 -
Hiring boost indicates Trump will inherit healthy economy
The data may help determine whether the Fed will cut interest rates this month.ABC News - Jan. 10 -
Why Elon Musk had to drop his ‘DOGE’ pledge to cut $2 trillion from the federal budget
We told you he would months ago, when he made the promise.MarketWatch - Jan. 10 -
Diffbot’s AI model doesn’t guess — it knows, thanks to a trillion-fact knowledge graph
Diffbot challenges AI giants with a breakthrough open-source language model that outperforms ChatGPT and Google Gemini by prioritizing real-time fact retrieval over large-scale parameters, marking ...VentureBeat - Jan. 9 -
A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy
Bond yields have surged since the Fed began cutting interest rates.Inc. - Jan. 9 -
Elon Musk says DOGE probably won't find $2 trillion in federal budget cuts
Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most likely not find $2 trillion in savings, backtracking on a goal he set ...NBC News - Jan. 9 -
War or peace? Trump inherits turbulent US-China ties
The United States and China appear destined for a military conflict, with bellicose rhetoric on both sides, an escalating arms race and Beijing widely considered the most serious threat to the U.S. ...The Hill - Jan. 7 -
‘It feels like retaliation’: My sister is estranged from her daughter and wants to donate her inheritance. Is that weird?
“There is a new cultural trend of adult children becoming estranged from their parents.”MarketWatch - Jan. 5 -
Nvidia’s Market Value Got a $2 Trillion Boost in the AI rally of 2024
The AI chipmaker recorded the largest market cap increase of any publicly listed company in 2024, nearly tripling in value to $3.28 trillion by the end of the year.Inc. - Jan. 2