The world’s richest man wants to cut $1 trillion from the federal budget. In a recent Fox News interview, Musk declared that ...

Dick Durbin of Illinois says he won’t run for sixth term Trump administration is still resisting the judge’s orders in Abrego Garcia deportation case IRS turmoil: Leadership churn, worker exodus and ...

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.

That potential growth may lead stablecoin issuers to buy $1.6 trillion in U.S. Treasury bills for their reserves — enough to absorb ... attract reserve managers if holding reserves in digital assets ...

President Trump likes big round numbers, and he’s endorsed one — $1 trillion — for the U.S. defense budget. This is the right idea, and we’ll need even more soon enough.

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 ...

Markets shed over $1 trillion in a day as both crypto and major tech stocks experience steep declines amid tariff-related uncertainty. According to data shared by analyst Lark Davis, the total ...

That’s much lower than his previous target of cutting $1 trillion — a number he used last month in a Fox News interview.Maya MacGuineas, president of the nonpartisan Committee for a ...

It's actually based on a very sophisticated building block model approach to ... Bitcoin now has a market cap of about $1.7 trillion. However, this number soared past the $2 trillion mark in ...