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Biden Admin Has Cemented $1 Trillion Worth Of Rules And Regs In 2024, Analysis Finds
The Biden administration has saddled the U.S. economy with more than $1 trillion worth of final rules and regulations thus far in 2024, according to analysis conducted by the American Action Forum…
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 ($16.09 billion) to levels below 2 trillion…
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 January to October, China’s banking regulator said…
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 climate plan calls on nations to spend…
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 years as it bets a reputation for…
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 loss of nearly $1 trillion as 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 trillions in losses this year, with their…
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, reducing their fiscal firepower to fund infrastructure…
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 $1.5 trillion during the COVID-19 pandemic and…
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 to phase out fossil fuel use and…
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 demand $1.32 trillion in compensation from Germany…
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 Thursday, as crypto prices show signs of…
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 matter. China’s trust industry has been a…
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, with credit card and auto loan debt…
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 Orban’s government was committed to a 4.9%…
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 inflation in more than forty years have…
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 Street’s hottest investment trend that encompasses some…
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 this week in unveiling a “Green New…
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 two interrelated conspiracies to suppress competition in…
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 CCTV quoted a cabinet meeting as saying…
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 roubles a day before as people rush…
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 homes, cars and other goods that are…
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 to break the threshold, multiple sources reported.…
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 of partisan grandstanding over the critical issue…
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 President’s latest incarnation of his Build Back…
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 a flurry of last-minute intraparty negotiations led…
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