Latest in Trillion Package
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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 - 5 hours ago -
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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 -
China approves $840B plan to refinance local government debt, boost slowing economy
China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economyWorld - ABC News - 6 hours ago -
China unveils $1.4tn package to shore up economy
Beijing is bracing for increased trade tensions with US under Donald TrumpWorld - Financial Times - 8 hours ago -
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 -
Bath & Body Works Pulls Klan-Like Candle Packaging From Shelves
The design for the wrapper of the retailer’s ‘Snowed In’ candle drew criticism from some customers, who saw an echo of Ku Klux Klan hoods.Business - Inc. - 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 -
UK counterterror police probe whether Russia planted parcel bomb
Package caught fire at a DHL depot in Birmingham in JulyBusiness - Financial Times - October 16 -
Biden announces $425 million security aid package for Ukraine
President Biden on Wednesday discussed U.S. support for Ukraine in its defense against Russian aggression during a call with Ukrainian President Volodymyr Zelensky and announced a new $425 million ...Politics - The Hill - October 16 -
Trump and Harris campaign donations: four key takeaways
Democratic candidate raises more than her Republican opponent in third quarterBusiness - Financial Times - October 16 -
Defence group RTX to pay $950mn to resolve US charges over Qatar bribes
Prosecutors said the company paid $30mn to a cousin of the Qatari Emir to facilitate weapons salesBusiness - Financial Times - October 16 -
UK graduates face tough jobs market as AI transforms recruitment
Fierce competition for roles has been sharpest in highly paid sectors such as IT and consultingBusiness - Financial Times - October 16 -
Which Premier League players have been surprise packages?
BBC Sport takes a look at eight top-flight players who have impressed so far this season, when not expected to do so.Top stories - BBC News - October 19 -
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 -
Hard-right Dutch government approves unprecedented package of measures to control migration
The hard-right Dutch government has announced tough measures aimed at reining in asylum requestsWorld - ABC News - October 25 -
European package breaks go deluxe as popularity of top-end resorts grows
Groups such as Hyatt and Marriott target region with upscale versions of all-inclusive holidaysBusiness - Financial Times - October 27 -
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 -
How TikTok Worked With Tokopedia to Get Packages Delivered in Indonesia
When TikTok needed an e-commerce partner in Indonesia, Tokopedia was an obvious candidate for the vast network of warehouses, motorbikes and “sprinters” it uses.Top stories - The New York Times - October 30 -
Chinese factory activity expands for first time in six months
Beijing set to unveil fiscal stimulus focused on struggling local governments next weekBusiness - Financial Times - October 31 -
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 -
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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 - 7 hours 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 - 1 hour 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 -
French President Emmanuel Macron says France will provide “massive” 100 million euro aid package to support Lebanon
French President Emmanuel Macron says France will provide “massive” 100 million euro aid package to support LebanonWorld - ABC News - October 24 -
The Paris conference for Lebanon raises $1 billion in pledges for humanitarian and military support
An international conference for Lebanon in Paris raised $1 billion in pledges for humanitarian aid and military supportWorld - ABC News - October 24 -
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
