Elon Musk merges xAI with X to distract from Twitter...
Elon Musk just announced a wild move that might be less about innovation and more about survival. In a surprise announcement, Musk revealed that his AI company xAI has officially...
Tag: Debt
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Ray Dalio Says He Had a ‘Frank Discussion’ With GOP...
Ray Dalio, the founder of hedge fund Bridgewater Associates, said he had a discussion with House Budget Chair Jodey Arrington and other House Republicans about the national debt on Tuesday....
How a surprising twist on rewilding could help settle our...
In the Țarcu mountains of Romania, a pioneering experiment is changing the atmosphere around rewilding. Starting in 2014, around 100 European bison were gradually reintroduced to the area, having been...
US could default on debt as soon as July: analysis
The federal government could default on its debt as soon as July, a new forecast from the Bipartisan Policy Center warns, raising pressure on Congress for action. The prominent think...
European markets soar as Germany lifts ‘debt brake’ to raise...
European financial markets have rallied sharply and German borrowing costs have soared after the country’s prospective leaders announced a historic deal to loosen its “debt brake” rule to boost spending...
Dollar hits four-month low as Trump warns tariffs will cause...
Key events Show key events only Please turn on JavaScript to use this feature And we’re off. European shares are rallying, as expected, after the German debt brake deal was...
Trump Is Right About Eliminating the Debt Ceiling
Exceeding it could do irrevocable damage to the U.S. credit rating, interest rates and the dollar. Source link
The Trolley Problem of Taxation: Should DOGE Savings Go to...
Lately, Donald Trump (and Elon Musk) have agreed to consider returning at least some of the money that DOGE saves to the American people. Estimates vary on how big of...
Debt Risks Rising for Low- and Middle-income Countries
One of the puzzles of international macroeconomics is that if capital has diminishing returns, then it seems plausible that capital should flow from capital-rich high-income countries to capital-poor low-income countries....
Interview with Alan Auerbach: Federal Debt and Social Security
David A. Price of the Federal Reserve Bank of Richmond interviews Alan Auerbach “On the federal debt, the Social Security trust fund, and how Uncle Sam discourages seniors from working”...
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