November 11, 20240 Comments

Global public debt will hit $100 trillion by year-end, says IMF

A man walks past signage for the the 2024 IMF/World Bank Annual Meetings outside of the headquarters of the International Monetary Fund in Washington, DC on October 18, 2024.  Daniel Slim | AFP | Getty Images The International Monetary Fund warned Wednesday that the public debt situation worldwide could be more dire than most think, highlighting skyrocketing fiscal deficits in the U.S. and China. Global public debt will rise above

Read More
November 8, 20240 Comments

Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism By Reuters

(Reuters) – Tesla (NASDAQ:)’s market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of a favorable treatment for CEO Elon Musk’s companies in return for his support for President-elect Donald Trump in his poll campaign. The electric automaker’s shares rose more than 6% to a more than two-year high of $315.56, after having gained 19.3% up to Thursday’s close. The company crossed the $1

Read More