The numbers: The U.S. federal budget deficit fell to $1.37 trillion in the just-ended fiscal year, the Treasury Department said Friday, half the amount of last year’s shortfall. Key details: Read more
Tag: trillion
Opinion: Elon Musk pumps Tesla stock with ridiculous $4 trillion target. Is a dump coming next?
Another Tesla Inc. earnings call, and another fanciful Elon Musk prediction that likely encouraged yet another open file at the Securities and Exchange Commission on Wednesday. The chief executive of Read more
Why questions are swirling about who will buy more than $31 trillion of U.S. debt — and at what price
For the first time ever, U.S. national debt crossed above $31 trillion this month, at a time when the Federal Reserve is in retreat from buying government debt and foreign Read more
Opinion: The opioid epidemic is costing us $1.5 trillion a year. And we’re spending peanuts to fight it.
The U.S. economy is being battered on all sides: Inflation, snarled supply chains, severe labor shortages. The pandemic, which has contributed to all three, rolls on; there are still 40,000-plus Read more
Bank of England official says $1 trillion in pension fund investments could’ve been wiped out without intervention
A top Bank of England official confirmed for the first time that worries that a popular pension fund investment would collapse prompted the intervention by the central bank to buy Read more
‘True carnage’: Stock-market selloff wipes $13 trillion in market cap off broad U.S. benchmark
The U.S. stock market’s latest leg down is spreading the pain for investors. Data from research firm Bespoke Investment Group shows just how broad-based and deep the 2022 selloff has Read more
China’s holdings of U.S. Treasurys fall below $1 trillion, report shows
The amount of U.S. Treasury securities held by China fell below $1 trillion, according to data released late on Monday. The latest report from the Treasury Department showed that holdings Read more
U.S. online sales expected to surpass $1 trillion in 2022
FTI Consulting’s Retail & Consumer Products practice forecasts that online retail sales will reach $1.07 trillion in 2022, up 11.7% from last year. The group had previously expected online retail Read more
These 10 stocks in the S&P 500 have lost $4.1 trillion of investors’ money during the first half of 2022
The first half of 2022 is over today, and good riddance for investors: The S&P 500 Index has declined 21.4%. Below are two lists of the worst-performing stocks in the Read more
These 10 stocks in the S&P 500 have lost $4.1 trillion of investors’ money during the first half of 2022
The first half of 2022 is over today, and good riddance for investors: The S&P 500 Index has declined 21.4%. Below are two lists of the worst-performing stocks in the Read more
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