Tag Archives: Trillion

Bitcoin—alongside other major cryptocurrencies ethereum and XRP—have fallen sharply, raising fears of a crypto market crash after it bubbled up to an all-time high of $4.2 trillion this month (just as Tesla billionaire Elon Musk breaks his silence on crypto). Sign up now for CryptoCodex—A free newsletter for the crypto-curious The bitcoin price has plunged from an all-time high of …

Take an industry leader, add in a healthy dose of secular tailwinds and a large addressable market, and you get an artificial intelligence (AI) pioneer ready to break new ground. Artificial intelligence (AI) has stolen the limelight over the past few years, and there’s plenty of evidence to suggest this is just the beginning. Developers continue to create new applications …

China’s $11 Trillion Stock Market Is a Headache for Both Xi and Trump  Bloomberg.com China’s Stock Market Fails to Drive Consumer Spending Despite Reforms – News and Statistics  IndexBox China’s $11 trillion stock market tests Xi’s growth push, Trump’s tariff gamble  WION China’s $11 Trillion Stock Market: Structural Imbalances and the Path to Rebalancing  AInvest Here’s What China’s Stock Market is Signaling  Fisher Investments Source …

President Trump has got plenty of ideas about how he’ll address national debt: He’ll pay it down through tariffs, or offset some of the borrowing thanks to proceeds from his “golden visa” program. He’s also said he’ll rebalance the debt-to-GDP ratio by growing the economy, and would reduce the need for as much borrowing thanks to initiatives like the Department …

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 …

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 …

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 …

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 …

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 …

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 …