Browsing: trillion
The world’s 500 richest people made more than a quarter trillion yesterday as volatile markets react to fragile Iran war ceasefire | Fortune
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Wall Street traders saw a huge surge yesterday, and the world’s wealthiest billionaires had their best day in nearly a…
Trump wants to add nearly $7 trillion to the $39 trillion national debt with his new military budget, watchdog warns | Fortune
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Budget hawks in Washington have their eyes trained on April 3, when the White House is scheduled to release its…
Interest on the $38.8 trillion national debt has tripled since 2020, and it already costs taxpayers more than defense and Medicaid | Fortune
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The United States is now paying nearly $970 billion a year just to service the interest on its $38.8 trillion…
U.S. debt concerns weigh on Trump’s plan to supersize the Pentagon’s budget to $1.5 trillion, highlighting this law about great-power status | Fortune
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President Donald Trump’s plan to boost defense spending 50% to $1.5 trillion has reportedly run into some resistance, including fears…
Elon Musk makes the case for why his $2.2 trillion tech empire is the only way to save humanity as the only intelligent life in the universe | Fortune
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Despite Elon Musk’s multiple proclamations that he is an alien—something he reiterated on the stage of the World Economic Forum…
The U.S. is joining Europe’s debt club—Trump’s ‘Big, Beautiful Bill’ could fuel $38 trillion tab bigger than Italy or Greece by GDP share | Fortune
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For decades, American politicians and investors have snickered at the nations that gave birth to Western democracy — Italy and…
Nobel Prize winner says Venezuela has a ‘unique’ $1.7 trillion opportunity to privatize over 500 companies and reverse socialist ‘disaster’ | Fortune
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Weeks after winning the 2025 Nobel Peace Prize for her decades-long fight to restore democracy to Venezuela, opposition leader María…
A decade into Saudi Arabia’s Vision 2030, the non-oil sector makes up 56% of $1.3 trillion economy | Fortune
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Good morning from Riyadh, where we are hosting the Fortune Global Forum. We’ve had some fascinating conversations about the business…
With $1 trillion pay package on the line, Elon Musk blasts influential firms telling shareholders to reject it: ‘Those guys are corporate terrorists’ | Fortune
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Elon Musk stole the show in the final minutes of Tesla’s Wednesday earnings call to label the advisory firms pushing…
Elon Musk defends $1 trillion pay package: ‘I just don’t feel comfortable building a robot army here and then being ousted’ | Fortune
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Already the world’s richest man, Elon Musk is defending his proposed $1 trillion Tesla pay package—arguing it’s less about joining…