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Bessent believes the current U.S. shutdown will cost the economy as much as $15 billion per week
U.S. Treasury Secretary Scott Bessent stated on Wednesday that the current U.S. government shutdown will cost the economy approximately $15 billion per week. He had previously mentioned $15 billion a ...
Federal Reserve governor Stephen Miran said the U.S. economy is "calling for large interest rate cuts" and warned that current monetary policy is "holding the economy back" by keeping borrowing costs ...
Monday - Friday, 6:00 - 7:00 PM ET Broadcom CEO Hock Tan says generative AI's contributions to the global GDP will increase in an interview with CNBC's Jim Cramer. Tan said the current GDP sits around ...
An objective look at available data supports realistic expectations for a surging economy, if not an economic boom going ...
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