U.S. deficit to expand by about $800 billion more than previously expected over 10 years, CBO says
The growing deficit also comes as budget experts expect the economy to slow down......»»
K-pop sensation BTS" label picks JPMorgan, others for IPO
The IPO could be one of the largest in years in South Korea's entertainment industry, with its total valuation expected to be as high as $5 billion......»»
T-Mobile’s $26.5B Sprint merger appears imminent after judge"s ruling
A judge has ruled in favor of T-Mobile in a lawsuit trying to block the company’s $26.5 billion acquisition of Sprint. The lawsuit was seen as the final obstacle to the merger, which announced two years ago. The merger is expected to be complete by.....»»
Caviar could lose its luxury status as the global market is expected to grow to $560 billion by 2025
Caviar may be known as a luxury for the rich, but the food has become cheaper and more accessible in recent years. Madagascar has become one of the new caviar hotspots, thanks in part to a Frenc.....»»
Cuomo faces largest budget deficit since taking office
is expected to be in a New York court Monday as his lawyers and a judge handle the final preparation for his and sexual assault. After more than two years since the allegations first came to... To view the full story, click the title link......»»
Marijuana, deficit top the docket as NY lawmakers return to Albany
is expected to be in a New York court Monday as his lawyers and a judge handle the final preparation for his and sexual assault. After more than two years since the allegations first came to... To view the full story, click the title link......»»
Turkey unveils first fully homemade car in $3.7 billion bet on electric
Turkey unveiled its first fully domestically-produced car on Friday, saying it aimed to eventually produce up to 175,000 a year of the electric vehicle in a project expected to cost 22 billion lira ($3.7 billion) over 13 years......»»
Fannie Mae boosts 2020 housing forecast "significantly"
Fannie Mae predicts builders will expand production more than previously expected due to a strong labor market and robust consumer spending......»»
Nan Ya may double capex in 2020 to hike ABF, SiP substrate capacity
Taiwan-based Nan Ya PCB is expected to double its 2020 capex from NT$3.5 billion (US$114.8 billion) in 2019 to expand capacity for ABF substrates for 5G network applications and SiP substrates for mobile devices, according to industry sources......»»
October Budget Deficit Surges 34% To $134 Billion, Worst In Five Years
October Budget Deficit Surges 34% To $134 Billion, Worst In Five .....»»
US budget deficit jumps above $1 trillion for the first time in more than 6 years
AP Photo/Jacquelyn Martin The gap between federal expenditures and receipts grew 34% from a year earlier to $134 billion in October. Lawmakers typically have more tools to reduce the.....»»
Economic Report: U.S. budget deficit jumps 34% in October, gap set to top $1 trillion in 2020
The federal government’s budget deficit in October rose 34% from a year earlier to $134.5 billion, putting the U.S. on course to top the $1 trillion mark in fiscal 2020 for the first time in eight years......»»
Fitbit surges 17% after Google agrees to buy the company for $2.1 billion (FIT)
Reuters Shares of Fitbit surged 17% Friday after Google agreed to buy the company for $2.1 billion. The acquisition is expected to help Google expand into the smartwatch market to compete with the likes of Apple and Samsung. The news confirms a repor.....»»
The U.S. deficit hit $984 billion in 2019, soaring during Trump era
Budget experts say it is unprecedented for America’s deficit to expand this much during relatively good economic times......»»
Surprise! The Airbus Jetliner You Ordered Years Ago Just Got More Expensive
Large aircraft are included in the list of $7.5 billion worth of European imports that will be subject to new U.S. tariffs starting Oct. 18. That means U.S. airlines with orders for Airbus aircraft could pay more than expected. read more.....»»
Federal deficit estimated at $984B, highest in seven years
The federal budget deficit for 2019 is estimated at $984 billion, a hefty 4.7 percent of gross domestic product (GDP) and the highest since 2012, the Congressional Budget Office (CBO) said on Monday......»»
Weaves for men can cost up to $1,500 and more men are getting them than ever before
Marisa Palmer Men care more about their hair than ever before. The male grooming industry is expected to rake in $81.2 billion by 2024. This attention to grooming has expanded to man weaves, a new trend that has been growing in recent years......»»
Bank of American plans to expand customer-loyalty program after initial success
Bank of America Corp.'s (NYSE: BAC) Preferred Rewards program is celebrating five years, logging 6 million members with $475 billion in assets since its inception. BofA's Preferred Rewards is a loyalty program for customers with at least $20,000 across .....»»
Google to invest 3 billion euros in European data centers
Google will make an additional investment of 3 billion euros ($3.3 billion) over the next two years to expand its European data centers, Chief Executive Sundar Pichai said in Finland......»»
US budget deficit smashes $1 trillion mark, highest in 7 years
The total shortfall rose to nearly $1.07 trillion, thanks to a difference between revenue and expenses of more than $214.1 billion in August......»»
Highlights of the day: TSMC 2019 capex expected to reach US$12.5 billion
TSMC expects it 2019 capex to exceed the high end of its previous guidance range of US$10 billion to US$11 billion, as the pure-play foundry steps up efforts to expand its 7nm process capacity and develop a newer 5nm node ready for new customer.....»»