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Fiscal Deficit Is Expected to Further Expand This Year. Will the U.S. Debt Storm Strike Again?
According to the Congressional Budget Office (CBO)'s announcement in June, the U.S. is projected to face a budget deficit of $1.915 trillion in fiscal 2024, surpassing the previous year's deficit of $1.695 trillion.
S&P 500 To Rally Further Next 2 Weeks? Wealth Manager Points To 'Bullish Seasonality' But Warns Downside Volatility Could Follow After Tech Earnings Season
The stock market has got off to a terrific start in the second half, with the S&P 500 closing above the 5,500 mark for the first time ever on Tuesday. Against this backdrop, a wealth manager weighed i
Ex-Twitter Executive Steers AI Startup Abnormal Security To $5B Valuation In Latest Funding Round: Report
Abnormal Security, an AI-powered cybersecurity startup, is reportedly set to be valued at $5 billion in a new funding round, marking a significant increase from its previous valuation.What Happened: T
Microsoft's $1B Project With UAE Artificial Intelligence Giant Comes Under National Security Scanner
The $1 billion AI project between Microsoft Corporation (NASDAQ:MSFT) and United Arab Emirates AI holding company G42 in Kenya has come under the scanner due to national security concerns.
Tesla, Paramount Global, Annovis Bio, Eli Lilly, Amazon: Why These 5 Stocks Are On Investors' Radars Today
On Tuesday, the Dow Jones Industrial Average rose by 0.4%, closing at $39,331.85, while the S&P 500 also ended the day in positive territory, increasing by 0.6% to finish at 5,509.01. Additionally, th
Nvidia CEO Jensen Huang Sells Over $29M Worth Of Shares As Company's Stock Shoots Up 155% In 2024 Amid AI Frenzy
Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang has sold over $29 million worth of shares amid the company's remarkable stock market performance.