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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 - 3 hours ago -
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 -
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 -
Tesla hits $1 trillion market cap as stock rallies after Trump win
Shares of Tesla climbed more than 6% in mid-morning trading Friday, pushing the electric vehicle maker's market cap past $1 trillion for the first time.Business - CNBC - 9 minutes ago -
Disney TRON Catalyst Reveal Trailer
The Arq Grid stands on the brink of collapse. Wield your Identity Disc, pilot your Light Cycle, and harness the power of the Glitch loop. TRON: Catalyst from Bithell Games combines electrifying ...Tech - GameSpot - October 14 -
A Tennis Trick-Shot Maestro Reveals His Secrets
Pablo Cuevas, who retired recently, could pull off the spectacular like few others.Sports - The New York Times - October 14 -
BBC Women's Footballer of the Year nominees revealed
Vote now for the BBC Women's Footballer of the Year 2024, with the winner announced on 26 November.Top stories - BBC News - October 15 -
Photo contest reveals strange beauty of the microscopic world
Each year, rigorous science and dazzling artistry meet in Nikon's "Small World" photomicrography competition. See the 2024 winners and highlights.Top stories - NBC News - October 17 -
Remedy's Control Multiplayer Game Revealed As FBC Firebreak
It was revealed a few years ago that Remedy's New Weird award-winner, 2019's Control , is getting a multiplayer spin-off (codenamed Condor) in addition to a true sequel. Today, during the Xbox ...Tech - GameSpot - October 17 -
Dune: Prophecy Trailer Reveals The Sisterhood's Greatest Enemy
HBO's upcoming Dune prequel series, Dune: Prophecy , is set 10,000 years before the events of the films . The show will revolve around the Sisterhood that grew in power over time to become the ...Tech - GameSpot - October 17 -
Jeremy Clarkson reveals he had heart procedure
The TV presenter says he had a stent fitted after being taken to hospital in an ambulance.Top stories - BBC News - October 19 -
'Wonderful message of hope' - Chris Hoy praised as he reveals terminal cancer
Sir Chris Hoy has received well-wishes after revealing his cancer diagnosis is terminal.Top stories - BBC News - October 20