Fed reverse repo facility hits record $2.554 trillion
By Michael S. Derby NEW YORK (Reuters) – A key facility the Federal Reserve uses to help control short-term interest rates saw record inflows on …
Trillion
Biden signs $1.66 trillion FY 2023 government funding bill
CHRISTIANSTED, St. Croix (Reuters) -President Joe Biden on Thursday signed a $1.66 trillion bill funding the U.S. government for fiscal year 2023, the White House …
U.S. Senate $1.66 trillion gov’t funding bill secures enough votes to advance
WASHINGTON (Reuters) – A $1.66 trillion bill to fund the U.S. government secured enough support to advance in the Senate’s first procedural vote on the …
Moscow Exchange says 2022 trading volumes surpassed $14.4 trillion
By Elena Fabrichnaya MOSCOW (Reuters) -Trading volumes on Moscow Exchange, Russia’s largest bourse, surpassed 1 quadrillion roubles ($14.44 trillion) for the second year running, it …
Toshiba’s preferred bidder may lower valuation below 2 trillion yen – Nikkei
TOKYO (Reuters) – Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba Corp, may lower the valuation from the planned 2.2 trillion yen …
China’s bank sector issued 2.64 trillion yuan in real estate development loans in Jan-Oct
BEIJING (Reuters) – China’s banking sector issued 2.64 trillion yuan ($369 billion) in real estate development loans and 4.84 trillion yuan in mortgage loans from …
UN Declaration Calls For As Much As $10 Trillion A Year To Meet Climate Targets
UN Declaration Calls For As Much As $10 Trillion A Year To Meet Climate Targets Jack McEvoy on November 21, 2022 The United Nations COP27 …
Vanguard launches Australian pension fund in bid for $2 trillion savings pool
SYDNEY (Reuters) – The world’s second-largest fund manager Vanguard launched a pension fund in Australia on Friday, the first new fund licence approved in six …
Pandemic Devastation Will Cost Students Almost $1 Trillion In Lifetime Earnings, Study Finds
Pandemic Devastation Will Cost Students Almost $1 Trillion In Lifetime Earnings, Study Finds Reagan Reese on November 1, 2022 Students’ lifetime income will suffer a …
Retirement Plans Set For Trillion Dollar ‘Tailspin,’ Economists Warn
Retirement Plans Set For Trillion Dollar ‘Tailspin,’ Economists Warn John Hugh DeMastri on October 17, 2022 Pension plans and 401(k)s are forecasted to take …
Analysis – A $1 trillion headache: China’s local fiscal shortfall poses broader growth risks
By Ellen Zhang and Ryan Woo BEIJING (Reuters) – By any account, $1 trillion seems huge. That’s the scale of budget shortfalls facing Chinese provinces, …
Opioid Crisis Cost America $1.5 Trillion During Year Of Pandemic And Lockdowns
Opioid Crisis Cost America $1.5 Trillion During Year Of Pandemic And Lockdowns Jennie Taer on September 28, 2022 The opioid crisis cost the country …
Investors with $39 trillion urge government to plan fossil fuel phase out
By Ross Kerber and Simon Jessop BOSTON/LONDON (Reuters) – Investors managing $39 trillion have called on governments to raise their climate ambition, including setting plans …
Poland To Demand $1.3 Trillion From Germany For Losses Suffered During WW2
Poland To Demand $1.3 Trillion From Germany For Losses Suffered During WW2 Micaela Burrow on September 1, 2022 The Polish government revealed an intention to …
Crypto derivatives volumes surge to $3.12 trillion in July – CryptoCompare
By Elizabeth Howcroft LONDON – Cryptocurrency derivatives trading on centralised exchanges rose to $3.12 trillion in July, a 13% monthly increase, researcher CryptoCompare said on …
China orders audit of $3 trillion trust industry – Bloomberg News
(Reuters) – China’s top auditor is conducting a review of the $3 trillion trust industry, Bloomberg News reported on Tuesday, citing people familiar with the …
U.S. household debt tops $16 trillion amid rising inflation
(Reuters) – U.S. household debt increased to a record $16.15 trillion in the second quarter, driven mostly by a $207 billion jump in mortgage balances, …
Hungary’s budget deficit widens to 2.892 trillion forints by end-June
BUDAPEST – Hungary posted a 2.892 trillion forints ($7.21 billion) budget deficit in January-June, the Finance Ministry said on Friday, adding that Prime Minister Viktor …
Brutal first half of ’22 on track to shave $8 trillion off S&P 500
By Saqib Iqbal Ahmed NEW YORK – Steep losses in stocks and bonds, dizzying market swings and a Federal Reserve intent on curbing the worst …
Analysis-Musk’s ESG attack spotlights $35 trillion industry confusion
By Simon Jessop and Ross Kerber LONDON/BOSTON – Elon Musk’s rejection of environmental, social and corporate governance (ESG) scores as a “scam” highlights how Wall …
Far-Left Activists Demand Lawmakers To Sign $94 Trillion ‘Green New Deal’ Pledge
Far-Left Activists Demand Lawmakers To Sign $94 Trillion ‘Green New Deal’ Pledge Thomas Catenacci on April 1, 2022 Dozens of far-left activist groups joined forces …
Lawsuit accusing 10 banks of rigging $23 trillion U.S. Treasury market is dismissed
By Jonathan Stempel NEW YORK – A federal judge on Thursday dismissed a long-running antitrust lawsuit accusing 10 of the world’s largest banks of pursuing …
China to give 1 trillion yuan tax rebates to small firms – CCTV cites cabinet meeting
BEIJING – China will give nearly 1 trillion yuan ($157 billion) in tax rebates to domestic small firms to shore up economic stability, state media …
Russian banking liquidity shortage widens to 7 trillion roubles, central bank says
MOSCOW – The Russian banking system’s liquidity shortage widened to 6.9 trillion roubles ($68.25 billion) on Wednesday, the central bank said, up from 5.4 trillion …
U.S. household debt increased by $1 trillion in 2021, the most since 2007
By Jonnelle Marte – U.S. consumer debt loads grew in 2021 by the largest amount in 14 years as people ramped up borrowing to afford …
Apple Soars To $3 Trillion Market Value, Breaking Records
Harry Wilmerding on January 3, 2022 Apple soared to $3 trillion in market value as of Monday, making the tech giant the first U.S. company …
Senate Democrats Vote To Lift Debt Ceiling By $2.5 Trillion
Senate Democrats Tuesday afternoon cleared a measure to lift the debt ceiling by $2.5 trillion, staving off a default through the 2022 midterms after months …
New Jersey Republicans Chris Smith, Van Drew vote yes, help Biden, Pelosi pass $1.2 trillion infrastructure bill
FREEHOLD, NJ – Speaker of the House Nancy Pelosi and President Joe Biden were about to have an incredibly terrible day on Friday after the …
House Democrats Tee Up Final Votes On Infrastructure And $1.75 Trillion Spending Bill
The House on Thursday scheduled final passage votes on President Joe Biden’s sweeping social-safety net package and the bipartisan infrastructure bill for Friday morning after …
US Budget Deficit Hits $2.77 Trillion, Slightly Below Last Year’s Record
The Biden administration said Friday that the 2021 U.S. budget deficit was $360 billion lower than in 2020. The deficit figure hit $2.77 trillion in …
Developing Nations Demand More Than $1 Trillion Per Year From West To Combat Climate Change
Developing nations have made requests from wealthier nations to fund climate initiatives far exceeding previous commitments ahead of the upcoming United Nations conference. A coalition …
Biden adjusts misleading “It costs nothing” for $3.5 trillion spending message
Since announcing his $3.5 trillion Build Back Better agenda, President Joe Biden and senior White House officials declared the spending will cost Americans nothing. During …
Here’s a complete list of Green New Deal handouts in Biden’s $3.5 trillion Build Back Better agenda
Democrats have inserted numerous provisions and subsidy programs into their $3.5 trillion budget that would benefit green energy companies and speed the transition to renewables. …
Nancy Pelosi tells media they need to do a better job selling Biden’s $3.5 trillion plan
WASHINGTON, D.C. – Speaker of the House Nancy Pelosi on Tuesday scolded the media for not doing a good job helping her and fellow Democrats …
Leftist protesters stalk, extort U.S. Senator in university bathroom over $3.5 trillion reconciliation stance
If you oppose America’s left, nothing is sacred, not even your time on the toilet. Democrat Congresswoman Kyrsten Sinema was harassed by leftist activists in …
Democratic $3.5 Trillion Spending Bill Calls Mothers Both ‘Lactating,’ ‘Birthing’ Individuals
Democrats’ $3.5 trillion spending package refers to mothers as both “pregnant” and “lactating” individuals on 11 separate occasions. Though the spending package specifically mentions the …