Harvard policy expert: ‘I am certain’ Iran war will cost U.S. taxpayers $1 trillion
Following the 2003 Iraq war, the Congressional Budget Office (CBO) projected the U.S. had spent $500[……] Read More
U.S. utilities plan $1.4 trillion spending spree, up 30%, for next 5 years amid AI construction boom
U.S. utilities and power generators are hiking their spending plans to record levels at the same tim[……] Read More
With $1.5 Trillion on the Horizon, Silicon Valley Players Influence in Defense Sector Grows
With the U.S. defense budget topping $1 trillion in fiscal year 2026—and a 2027 target of $1.5 trill[……] Read More
Investors are missing a key shift in a $10 trillion market
The global construction industry is typically analyzed through a familiar set of drivers: interest r[……] Read More
The world’s 500 richest people made more than a quarter trillion yesterday
Wall Street traders saw a huge surge yesterday, and the world’s wealthiest billionaires had their be[……] Read More
$1.5 trillion relief rally erupts on Wall Street after Trump hits pause on Iran strikes
Five weeks of held breath just exhaled from the U.S. stock market this morning, and it was worth abo[……] Read…
ByteDance’s Doubao tops 120 trillion daily tokens
Doubao’s daily token use was up 1,000-fold from its May 2024 launch, driven by AI video generation a[……] Read More
Trump, $39 trillion national debt, rosy growth assumptions and the question of ‘a sustainable path’
President Trump’s fiscal year 2027 budget is built on a single, load-bearing bet: that the U.S. econ[……] Read More
Supermicro soared because of $4 trillion Nvidia—and Jensen Huang can walk away any time he wants
When Nvidia CEO Jensen Huang got onstage at an event in his native Taiwan in 2024 to talk about the[……]…
Plowshares into swords: Trump’s $1.5 trillion defense surge is the largest since World War II — and no one can explain how to pay for it
President Trump’s fiscal year 2027 budget proposal, released Friday, calls for boosting total defens[……] Read More
Jerome Powell says $39 trillion national debt is ‘not unsustainable,’ but it ‘will not end well’
Federal Reserve Chair Jerome Powell offered a sobering assessment of America’s fiscal health on Mond[……] Read More
US debt suddenly draws weaker demand as $10 trillion must be rolled over this year amid Iran war
President Donald Trump’s war on Iran is colliding with U.S. debt investors, who demonstrated less ap[……] Read More