Latest in Than Trillion
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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 -
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 -
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 - Yesterday -
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 -
Trump claims he is 'far healthier' than Harris
Former President Trump in a series of social media posts early Tuesday morning claimed Vice President Harris’s seasonal allergies were “deeply serious” and asserted he was “far healthier” than she ...Politics - The Hill - October 15 -
Adidas Raises Guidance on Better-Than-Expected Results
The German sportswear company cited better-than-expected results for the third quarter and brand momentum.Business - The Wall Street Journal - October 15 -
Will the Polls in 2024 Be More Accurate Than in 2016 and 2020?
Can you trust the polls this year? Kaleigh Rogers, a polling reporter at The New York Times, describes how pollsters have tried to fix past mistakes.Top stories - The New York Times - October 17 -
Dune: Messiah Might Arrive Sooner Than Expected
Following the release of Dune: Part Two earlier this year, director Denis Villeneuve suggested that he might take an extended break from the franchise before returning for a third film based on ...Tech - GameSpot - October 18 -
Walmart is selling a tiny house for less than $16,000
Walmart's prefab house includes space for a bedroom, living room, bathroom, dining room and kitchen, but appliances are sold separately.Top stories - CBS News - October 18 -
NOAA predicting warmer than average winter
The National Oceanic and Atmospheric Administration published its winter outlook for this coming December, January and February. Experts anticipate warmer-than-average temperatures for much of the ...Top stories - CBS News - October 18 -
This Watch Line Says It’s More a ‘Gathering’ Than a Brand
‘We’re just friends having fun, doing something that we would like for ourselves,’ one Kollokium founder said.Lifestyle - The New York Times - October 18 -
Why Trump’s Chances Are Better Than They Look
For many undecided voters, the inflation issue isn’t going away.Top stories - The New York Times - October 21 -
'Sorry' water boss has plan to end sewage spillages
Water UK chief apologises for the industry's performance as the sector faces a "root and branch" review.Top stories - BBC News - October 23 -
Using Artificial Intelligence Is Easier Than You Think
WIRED’s AI Unlocked newsletter about using chatbots and other generative AI tools is back for a second season. We’ve incorporated reader feedback and answered your burning questions.Tech - Wired - October 23 -
An Appreciation: Fernando Valenzuela and Fernandomania
Fernando Valenzuela, who died on Tuesday at age 63, was a teenage phenomenon from Mexico who remade the Dodgers’ fan base and put his country on the baseball map.Lifestyle - The New York Times - October 24