We deserve good government, and I don’t think anyone thinks sending another trillion dollars to Washington, D.C. will lead to good government. The government needs to be more accountable. It needs to be more efficient. It should be outcomes-based. I’d say go department by department, ...
401(k) plan participantshave lost about $1.4 trillion from their accounts since the end of 2021. People with IRAs — most of which are 401(k) rollovers — have lost $2 trillion this year
National student loan debt was $1.59 trillion in the second quarter of 2024, although it declined by $10 billion from last quarter, according to a quarterly report by the Federal Reserve Bank of New York issued in August 2024. This debt often has a major impact on the quality of...
A Trump administration should push this over the finish line I don't think anyone expected the asset cap to last seven years, and it still could extend to eight years or more when all is said and done. Part of the reason has likely been the Biden administration's toug...
“If we had computers a trillion times faster we wouldn’t have human-level AI; half in jest, one might say we’d just get wrong answers a trillion times sooner,” he says. “What matters are real conceptual and algorithmic breakthroughs, which are very hard to predict.” Russell did ...
Neither Greg nor I believe we can forecast market prices of major currencies. We also don’t believe we can hire anyone with thisability. Therefore, Berkshire has financed most of its Japanese position with the proceeds from ¥1.3 trillion of bonds. This debt has been very well-received in...
“I don’t believe for a second that you can take nearly a trillion dollars out of the system and something’s not going to go bump in the night,” says Greg McBride, CFA, Bankrate chief financial analyst. “What we saw in the repo market was a direct result of that.”...
“Why would anyone in Asia give us a license to operate there?” he tells me after his swing through the region. “Are we making small businesses there more productive, multinationals there more competitive, the public sector in those countries more efficient, or driving better health outcomes ...
Marching Towards 3 Trillion RMB: The Capital Driving Force of China's Big Data Industry China's big data industry is entering a capital-intensive phase. According to the data of China Research Network, the industry reached 1.57 trillion yuan in 2023—up 18% year-on-year—and is projected to...
for payment data. it was as if a bank had realized that some sacks of cash had been left in a back office, outside the vault, for several seasons. the exposure was corrected, but the scariest part was that there was no way to be sure whether anyone had snooped on the payment ...