The US national debt has climbed past $37 trillion — a record sum that shows how quickly the federal government’s borrowing has accelerated and how rising interest costs are rippling through the economy. The new figure appears in a Treasury Department report released Tuesday that tracks the government’s daily finances and shows the nation reaching the staggering threshold years sooner …
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U.S. national debt reaches a record $37 trillion, the Treasury Department reports
The U.S. government’s gross national debt has surpassed $37 trillion, a record number that highlights the accelerating debt on America’s balance sheet and increased cost pressures on taxpayers. The $37 trillion update is found in the latest Treasury Department report issued Tuesday which logs the nation’s daily finances. The national debt eclipsed $37 trillion years sooner than pre-pandemic projections. The …
Read More »Trump is bringing in enough revenue from tariffs to have a serious impact on the $37 trillion national debt, budget watchdog says
President Donald Trump’s sweeping new tariffs are raking in unprecedented sums for the federal government—so much, in fact, that a top budget watchdog says the revenue rivals the impact of creating a brand-new payroll tax or slashing the entire military budget by nearly one-fifth. (These are rough estimates, to be sure, conveyed to communicate the magnitude of the tariffs, not …
Read More »US national debt reaches $37 trillion
WASHINGTON (AP) — The U.S. government’s gross national debt has surpassed $37 trillion, a record number that highlights the accelerating debt on America’s balance sheet and increased cost pressures on taxpayers. The $37 trillion update is found in the latest Treasury Department report issued Tuesday which logs the nation’s daily finances. The national debt eclipsed $37 trillion years sooner than …
Read More »A $715 billion tax cut turns into a $4.5 trillion sales job – Politico
A $715 billion tax cut turns into a $4.5 trillion sales job Politico What $4 trillion in debt from Trump’s spending measure could mean for future generations ABC News CBO projects ‘big, beautiful bill’ would add $5 trilllion to deficit if temporary tax cuts extended The Hill Effects on Deficits and the Debt of Public Law 119-21 and of Making Certain Tax Policies …
Read More »Distrust In US Inflation Data Threatens $2 Trillion Market – Bloomberg.com
Distrust In US Inflation Data Threatens $2 Trillion Market Bloomberg.com Trump says he doesn’t trust the jobs data, but Wall Street and economists do AP News Trust in US economic data on the line: Easy to lose, hard to restore Reuters Can we still trust the monthly jobs report? (Update) : The Indicator from Planet Money NPR Trump’s BLS purge echoes other nations’ data …
Read More »Global M&A hits $2.6 trillion peak year-to-date, boosted by AI and quest for growth – Reuters
Global M&A hits $2.6 trillion peak year-to-date, boosted by AI and quest for growth Reuters M&A Is Back. These Stocks Could Be Targets. Barron’s It’s a Scorching Hot Summer for Deals on Wall Street. Vacation Can Wait. – WSJ The Wall Street Journal Big Ticket Deals Push Global M&A To Three-Year High Finimize Global M&A Value Rises 28% YoY to 4-Yr High of USD2.6T …
Read More »How Trump Let $1 Trillion Worth of Imports Escape His Tariff Hammer – Bloomberg
How Trump Let $1 Trillion Worth of Imports Escape His Tariff Hammer Bloomberg Trump announces historic new US tariffs across the globe CNN How much cash is the US raising from tariffs? BBC Trump gets tariffs; Americans get price hikes Reuters What to Buy Before Major Tariff-Related Price Hikes Happen NBC News Source link
Read More »Wall St cools after Microsoft's $4 trillion moment; tech results awaited – Reuters
Wall St cools after Microsoft’s $4 trillion moment; tech results awaited Reuters Microsoft’s market cap surpasses $4 trillion mark, joining Nvidia in exclusive club Yahoo Finance Microsoft briefly becomes the second company to hit $4 trillion in market value NBC News Microsoft Hits $4 Trillion Market Cap After Earnings Beat Bloomberg.com Microsoft reaches the next level The Hill Source link
Read More »Microsoft Hits $4 Trillion Market Cap After Earnings Beat
(Bloomberg) — Microsoft Corp. has become the second company in the world to reach a $4 trillion market capitalization after reporting quarterly earnings that beat Wall Street’s expectations, sending the stock soaring in premarket Thursday. Most Read from Bloomberg Shares of the technology behemoth jumped as much as 8.2% in early trading in New York, pushing its market value to …
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