Tag Archives: trillion

The United States’ national debt exceeded $30 trillion for the first time on Tuesday, spurred on by high borrowing during the Covid-19 pandemic, according to data from the US Treasury Department. Japan and China remain the top foreign creditors, holding $1.3 trillion and $1.08 trillion in US Treasuries respectively, and …

More than 2,000 IPOs, not including special purpose acquisition companies (SPACs), raised $402 billion in 2021 globally, data from Refinitiv shows. This represents growth of 81% in proceeds and a 51% increase in the total number of IPOs from the year before. SPACs, or shell companies listed on a stock …

Despite the fact that this year’s oil prices are now nearly double compared to the 2020 average, the energy industry faces additional impairments in the coming years and decades, this time due to the investor pressure to slash emissions and start accounting for changes to energy demand in the transition …

The bill passed the House 228-206, with 13 Republicans siding with 215 Democrats in voting “yes”. Six progressive Democrats – Reps. Alexandria Ocasio-Cortez, Ilhan Omar, Cori Bush, Jamaal Bowman, Ayanna Pressley, and Rashida Tlaib – opposed the legislation. Biden was reportedly actively involved in drumming up votes for the bill. …

“There are incidental accidents on film sets from time to time, but nothing like this. This is a one in a trillion episode,” Baldwin told gathered press on Saturday. Hutchins died earlier this month after Baldwin fired a live round from a weapon while filming the movie ‘Rust’ in New …

Tesla is all about its CEO, Elon Musk. Musk is an epic showman and a slick salesman who can sell anything to anyone. Tesla, with its questionable profitability, still has a market capitalization that exceeds $1 trillion. In fact, Holon Global Investment’s Whitney Tilson predicts Tesla’s market capitalization is headed …

The shares rose by as much as 15%, changing hands at $1,045 in Nasdaq trading on Monday. The latest surge came on the first day of regular trading after Tesla’s stock closed above $900 for just the second time. With about 1.083 billion shares outstanding, the company’s market cap was …

Other growth factors include increased economic activity, the country’s rise in the global manufacturing index, the achievement of renewable energy targets, the highest-ever foreign exchange reserves, and transformational initiatives. While speaking at the Public Affairs of India (PAFI)’s 8th National Forum by video conference, Puri said, “I am confident that …

The fiscal year’s $2.77 trillion deficit may be the second largest on record, but the Treasury Department claimed the decline from year to year as a sign of the economy recovering.  “Under President Biden’s leadership, the U.S. economy is getting back on track and Americans are getting back to work,” …

That is 0.8 percentage points lower than a year before but still at record-high levels as a result of the massive fiscal responses to the Covid-19 pandemic. Globally, public debt now amounts to $88 trillion, according to the IMF, but is expected to decline by about 1 percentage point of …