US deficit projected to reach $1.9 trillion this year

The Congressional Budget Office (CBO) said Tuesday that it projects the federal budget deficit to reach $1.9 trillion this fiscal year as government spending continues to rise. The estimated gap between annual revenues and spending is about $400 billion higher than the Treasury Department’s February projection, contained in the nonpartisan budget management agency’s latest budget […]
NASA Administrator says “at least a trillion” other planets like Earth could exist in universe

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Nvidia topples Apple with $3 trillion market cap; 10-for-1 stock split ahead

Mott Capital Management founder and CEO Michael Cramer analyzes Nvidia’s market impact, provides his economic outlook and discusses Boeing stock. Nvidia CEO Jensen Huang got rock star treatment this week during a tour of his native Taiwan, while here in the U.S., investors continue to treat the company’s stock, a top bellwether for artificial intelligence, […]
Nvidia crosses $3 trillion, overtakes Apple as second-most valuable company

Nvidia’s market capitalization surpassed $3 trillion for the first time on Wednesday, making the chipmaker the world’s second-most valuable company, surpassing Apple. Shares in the chipmaker, which makes processors at the heart of the current artificial intelligence (AI) boom, rose 5.16% on Wednesday ahead of a stock split on Friday. Microsoft remains the world’s most […]
Janet Yellen Issues Serious $34 Trillion Warning As Bitcoin Predicted To Surge To $1 Million Price – Forbes

Bitcoin Bitcoin It has surged over the past year amid turmoil on Wall Street and growing hopes of a dovish shift from the Federal Reserve. Subscribe now Crypto and Blockchain Advisor to Forbes And in the aftermath of Bitcoin’s halving, “discover the blockchain blockbuster that’s poised to deliver gains of over 1,000%.” With Bitcoin’s price […]
Is It Too Late to Buy Stock in the Newest Member of the $2 Trillion Club? – Yahoo Finance

Only seven companies in the world have this. Market capitalization At least $1 trillion. Among these businesses, only microsoft, apple, Nvidiaand alphabet (NASDAQ:GOOG) (NASDAQ:Google) We reached an even more exclusive club. No, I’m not talking about accessing “.Magnificent Seven“–but all of these companies belong to that club. All four of these tech giants have market […]
$34 Trillion and Climbing

Just before the start of 2024, the US Federal debt surpassed a new milestone: $34 trillion. In 2023 the US added $2.65 trillion in debt, the second largest annual increase in history after the 2020 increase of $4.5 trillion. Going back to 1995, Federal Debt has increased by just over $1 trillion per year, but […]
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 (AAF). The Environmental Protection Agency’s (EPA) final emissions regulations for light- and medium-duty vehicles, which some have characterized as an electric vehicle (EV) […]
A defense budget of $1 trillion is looming. Here’s how to stop it

2020 election campaign, candidate Joe Biden President Trump said he had abandoned all fiscal discipline. Regarding military spending. Four years later, the Pentagon’s budget is $146 billion higher than it was when President Trump left office, and President Biden is using a loophole in his budget deal with Rep. Kevin McCarthy (R-Calif.) to budget an […]
Biden Spent $1 Trillion On One Of The Left’s Favorite Causes, But Voters Don’t Seem To Really Care: POLL

President Joe Biden is spending more than $1 trillion on his climate agenda, but it does not seem to be resonating at all with voters in battleground states, according to new polling from The Wall Street Journal. Only 2% of registered voters surveyed named climate change as the most important issue in the 2024 election, […]