Trump Meeting with UAE Yields 10-year, $1.4 trillion Investment Framework in U.S.
UAE officials have committed to a 10-year, $1.4 trillion investment framework in the United States after meeting President Donald Trump, White House officials said Friday. The new framework would “substantially increase the UAE's existing investment in the US economy” in AI infrastructure, semiconductors, energy and American manufacturing. I said Reuters checking the meeting and results. […]
S&P 500 Stages Rebound After $5 Trillion Plunge: Markets Wrap – Yahoo Finance
(Bloomberg) – Stock bounce calmed nerves among stock investors, but the fallout from Donald Trump's political manipulation has shook global markets and continues to hit US consumers. German bond yields skyrocketed as government leaders agreed to a massive defence spending package, but Gold, the ultimate haven asset, surpassed $3,000 for the first time. Most of […]
Private equity wants a larger piece of the $12.5 trillion workplace retirement plan market – CNBC
lordhenrivoton | E+ |Getty Images The first Trump administration opened the door for private equities to enter into workplace retirement plans. Currently, private equity companies are working to play a bigger role in their workforce portfolio. Experts say there are potential risks and rewards for investors. “We're advocating for the incorporation of non-traditional investments in […]
‘Buy Canada’ Pressure Builds on $1.6 Trillion in Pension Cash – Yahoo Finance
According to analysts at the Royal Bank of Canada, the country's economy is poised to be “slower than the US” this year. However, pension cash alone cannot boost Canadian property, some argue. Charles Emond, chief executive of Quebec's fund, noted that when it comes to putting Canadian retirement savings in work, he would “go in […]
Biden burned $1.1 trillion on DEI-infused agency programs
The Biden administration has burned more than $1.1 trillion in taxpayer funds for a federal agency program that infuses diversity, equity and inclusive factors. study From the Center for updating the US and Functional Government initiatives. A 59-page study published on Monday found a The sign Dollars spent on “divisible identity-based programs and policies.” “Show […]
DOGE cuts are great, but aren’t enough to stop debt from hitting $40 trillion
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Inside Elon Musk sitdown with House DOGE panel as he maps $1 trillion cuts
Elon Musk met with a small group of House Republicans on Wednesday evening, where he discussed the cost-cutting path in his quest to find as much as $1 trillion in government waste, people familiar with the debate told Fox News Digital. “The executive dozi team is confident and thinks they can get $1 trillion,” one […]
Bank error in your favor: Citigroup admits it mistakenly credited a customer $81 trillion – instead of $280.00 – The Independent
Your support will help us tell the story From reproductive rights to climate change to big technology, the independence is on the ground when stories develop. Whether you're researching the finances of Elon Musk's Pro-Trump PAC, or producing the latest documentary, The Words, we are shedding light on American women fighting for reproductive rights, but […]
America’s $1.2 trillion trade deficit: Selling land for beads?
In 1626, the Canarcy sold Manhattan Island in Dutch, selling beads and trinket boxes. Historians debate this story ferociously. Some argue that the Dutch were scamned and that Canarcy was strongly armed to make a bad deal. Others claim that both sides are happy. The lands that the Dutch needed, and Canarcy wanted European technology […]
Citi bungle briefly credits client’s account with $81 trillion — instead of $280
Citigroup took several hours to reverse the transaction, earning $81 trillion in its customer accounts rather than just $280. This is an embarrassing “near miss” for banks struggling to solve operational problems. The financial seismic errors that occurred last April were overlooked by the second official assigned to check transactions before they were cleared to […]