RT unusual_whales (@unusual_whales)The U.S. government's gross national debt has officially climbed past $37 trillion.In January 2020, the Congressional Budget Office (CBO) estimated that gross federal debt would not surpass $37 trillion until after fiscal year 2030 ...

This is a story about adapting. Charles Darwin taught us that it is not the smartest or strongest that survive, but those who are best able to adapt to the changing environment, and when it comes to CEOs of major companies, there is no question that President Trump's approach has changed their environment. Blair Effron, co-founder of Centerview Partners, has watched them adapt.President Trump came to office saying, "I'm going to change the economy in fundamental ways." Has it changed the lives of American C ...

Economic Outlook - Consumer spending, adjusted for inflation, has been flat from December to May, showing a slight negative trend of -0.21% [3] - The American consumer has been a key driver of GDP, accounting for 70% [4] - The flatness in consumer spending could be due to consumers frontloading imports in anticipation of tariffs [4] Fiscal Policy & Debt Management - The Treasury plans to update on how it intends to finance the nation's debt [5] - The current administration criticized the prior administration for timing the issuance of debt in the bond market [6] - The federal debt has significantly increased due to the current budget bill [7] - An increase in the debt-to-GDP ratio by one point tends to add approximately two basis points to the interest rate [8] Impact of AI - There's hope that AI will generate enough productivity growth to offset some of the financial pressures [9][10] - Historically, technological changes have not had the dramatic productivity-enhancing effects that are being claimed for AI [11] - Relying on AI to solve federal budgeting issues is considered reckless [11]

President Donald Trump last month added federal debt costs as a fresh reason why Jerome Powell should slash interest rates. But firing the Fed chair and forcing rates down wouldn’t help, a new analysis shows. https://t.co/oTkWfhaEBE ...

who heavily criticized the Senate's version of Trump's spending bill. >> Meantime, our next guest voted present on President Trump's reconciliation bill during the first round in the House, and he now says he can't vote yes for the Senate's version. House speaker Mike Johnson can only afford to lose a few votes in his chamber, or the measure will fail.Joining us right now is Maryland Congressman Andy Harris. He is the chair of the House Freedom Caucus. Good morning to you.Where are we here. Tell me, how man ...