Ex-Treasury Secretary Larry Summers said Trump's IRS cuts could cost the government $1 trillion. A Yale economist told BI that his estimate is conservative, and actual losses could top $2 trillion.

Norway’s $1.7 trillion sovereign wealth fund reported its biggest loss in six quarters in what was a roller-coaster period for markets globally, with the decline largely caused by a drop in the ...

New data suggest $1 trillion of wealth was created for the 19 richest American households alone in 2024. That is more than the value of Switzerland’s entire economy. It took four decades for the ...

Netflix (NFLX, Financials) is setting an ambitious goal to double its revenue and triple its operating profit over the next five years as it works toward reaching a $1 trillion market value.

With that said, how realistic is a valuation of $1 trillion? To help answer that, consider two different valuation multiples. The top chart above shows Netflix's price-to-sales (P/S) ratio over ...

According to Crypto Rover, the U.S. stock market has surged, adding $1.5 trillion in value. This significant increase could influence cryptocurrency ... On-chain metrics further corroborated this ...

Nvidia (NASDAQ: NVDA) – already an undisputed star for investors – benefited particularly from the rally, as it accelerated a rise that enabled it to gain $2.1 trillion within the 12 months and ...

With $1.6 trillion in outstanding debt and millions in default or delinquency, the Department is launching a national campaign to guide borrowers back into repayment. The initiative includes ...

Streaming giant Netflix has set its sights on reaching a market capitalization of $1 trillion, according to ... Still, the numbers are in its favour – the company reported a 12.5% year-over ...

President Donald Trump's administration has revised its data on federal lease cancellations in Arizona, removing eight leases ...

Bitcoin's market capitalisation has surged past Amazon, reaching $1.857 trillion and becoming the sixth-largest asset globally. This rally, fueled by increased institutional investment and spot ...

“I’d be surprised if we’re not on a path to sacrificing more than $1 trillion of revenue over the next decade because of this misguided, wanton attack on the IRS,” he said. About 20,000 ...