Latest in Trillions
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Navarro says Trump’s tariffs will raise $6 trillion over a decade
Peter Navarro, a senior trade adviser to President Trump, said the president’s tariff plan will raise more than $6 trillion in federal revenue over the next decade. Navarro joined “Fox News ...The Hill - 3d -
GOP tax proposals could add $9 trillion to nation’s deficits: Analysis
A menu of tax cut proposals made by President Trump and Republicans could add north of $9 trillion to the nation’s deficits over the next decade without offsets, a recent analysis from the Peter G. ...The Hill - 2d -
Trump's new tariffs construct a $1 trillion trade wall around the U.S. economy
President Trump's tariffs will equate to a nearly $1 trillion trade wall around the U.S., with huge impacts on every sector and every state in the U.S. economy.CNBC - 12h -
Senate Republicans release budget blueprint with new tax cuts and a $5 trillion debt limit hike
Senate Republicans released a new budget blueprint Wednesday that would pave the way for $1.5 trillion in new tax cuts in addition to making President Donald Trump’s 2017 tax cuts permanent.NBC News - 1d -
Researchers warn of ‘catastrophic overtraining’ in LLMs
The researchers compared two versions of OLMo-1b: one pre-trained on 2.3 trillion tokens and another on 3 trillion tokens.VentureBeat - 6d -
Trump says his tariffs could bring in trillions. Economists disagree.
Experts estimate far lower figures in tariffs revenue, warning that President Trump's tariffs could drive up prices for American consumers.CBS News - 1d -
Building bridges: How Congress can shift town halls from conflict to collaboration
Rep. Gus Bilirakis held town hall meetings in Florida where constituents engaged in bipartisan discussions about trade-offs and priorities to reduce projected deficits by $1 trillion to $6 trillion ...The Hill - 1d -
BlackRock CEO Larry Fink sees a $68 trillion market by 2040 in a key new area for the firm
The executive touted infrastructure investing as having "an opportunity so vast it's almost hard to grasp."CNBC - 3d -
Norway urged to scrap ban on $1.8 trillion wealth fund investing in weapons makers
The debate over how Norway's wealth fund should respond to the security landscape comes at a time of higher defense spending and soaring industry profits.CNBC - 2d -
Magnificent 7 relinquishes more than $1 trillion as tech drives stock market nosedive
Last year's high-flyers helped lead the broad market lower.CNBC - 13h -
The Papers: 'Tariff turmoil' and 'bland American cheese'
Most the papers lead on the fallout from Trump's announcement of a raft of tariffs that has wiped trillions from global markets.BBC News - 6h -
AI could affect 40% of jobs and widen inequality between nations, UN warns
Artificial intelligence is projected to reach $4.8 trillion in market value by 2033, but the technology's benefits remain highly concentrated, UNCTAD says.CNBC - 4h -
Actively managed ETFs hit $1 trillion milestone: Why tariff uncertainty may spark more growth
The actively managed ETF industry is now roughly the market cap of Berkshire Hathaway — and one expert thinks trade risks could boost interest even higher.CNBC - 14m -
Here's what you need to know ahead of Trump's tariff announcement
President Donald Trump is set to announce a sweeping plan Wednesday to place tariffs on potentially trillions of dollars’ worth of goods imported into the United States.NBC News - 2d -
Trump's tariff threats helped erase stock gains
President Donald Trump will announce tariffs today on potentially trillions of dollars' worth of imports, an action he has called "Liberation Day."NBC News - 1d -
FTSE 100 suffers biggest one-day fall since August as Donald Trump’s sweeping tariffs wipes trillions off global markets – business live
Shares slump on both sides of the Atlantic, and across Asia-Pacific, as US dollar falls to six month low after US President Trump’s ‘liberation day’. Full report: Trump announces sweeping new ...The Guardian - 17h -
Senate Republican on Trump tariffs: 'Let's give it a shot and see what happens'
Sen. Tommy Tuberville (R-Ala.) on Tuesday welcomed President Trump’s tariffs, encouraging others to “give it a shot and see what happens.” “Our country’s going in the wrong direction, $37 trillion ...The Hill - 1d -
5 things to know about Republicans’ new blueprint to pass Trump's agenda
Senate Republicans on Wednesday rolled out a 70-page blueprint to advance President Trump’s tax agenda, along with directions that could pave the way for more than a trillion dollars in cuts to ...The Hill - 1d