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President Donald Trump's second term economic plan can be summed up in one word: tariffs. As his barrage of import taxes went ...
The Senate bill includes $4.5 trillion of net tax cuts, $1.5 trillion of gross spending cuts, and $0.3 trillion of gross ...
With interest costs outpacing defense spending, this piece will help journalists understand the public debt and explain it to ...
The Senate version of President Donald Trump’s tax and spending measure would add nearly $3.3 trillion to US deficits over a ...
More than 40 million people in the U.S. were under heat alerts Friday, according to the National Weather Service.
Elon Musk has cautioned about the US economy, suggesting potential bankruptcy if the national debt crisis isn't addressed. He ...
The $3m super tax could be put down to the Government needing money and the wealthy being easy targets. It’s deeper than that ...
The U.S. share of a leading index of global equities is now around 70 percent.That is significantly above the dollar’s share of global reserves, now around 58 percent.. The dollar share of the ...
WASHINGTON (AP) — President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the economy, raising the inflation rate and reducing ...
White House Press Secretary Karoline Leavitt looks on from behind a chart on prescription drug costs and posters depicting a "Golden Dome for America" as President Donald Trump speaks during a ...
According to @markets, US deficit spending has been supporting elevated yields for over 12 months, directly impacting the 10-year Treasury yield. The divergence between the 10-year yield and the S&P ...
For the US, this “more” amounts to about $1tn a year of foreign-funded US investment, or just over 3 per cent of GDP. For comparison, total business investment is close to 14 per cent.
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