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Business
Blackstone Becomes First $1 Trillion Private Equity Manager
For years, private equity firms have sought to join the special club of $1 trillion in assets under management, but…
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Cryptocurrency
McKinsey estimates generative AI could add $4.4 trillion to global economy annually
According to a recent report, the rapid development and breadth of capabilities of generative AI will usher in a new…
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Business
U.S. National Debt Tops $32 Trillion for First Time
The country’s volatile fiscal trajectory was highlighted on Friday as Washington gears up for a new battle over government spending,…
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Cryptocurrency
US national debt nears $32 trillion, set to soar further by 2027
quick take According to USdebt Clock.org, on this day, June 14, 2020, the US national debt was about $26.3 trillion.…
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Technology
Generative A.I. Can Add $4.4 Trillion in Value to Global Economy, Study Says
According to a McKinsey Global Institute report, “generative artificial intelligence” is expected to add up to $4.4 trillion in annual…
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Business
A $1 Trillion Borrowing Binge Looms After Debt Limit Standoff
The U.S. narrowly avoided default on Saturday when President Biden signed into law a bill that would allow the nearly…
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Cryptocurrency
Bitcoin cumulative transfer volume exceeds $100 trillion milestone
According to Glassnode data, Bitcoin’s cumulative transfer volume (CTV) has surpassed $100 trillion in recent weeks and is now at…
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Cryptocurrency
US debt surpasses $31 trillion
The U.S. national debt surpassed an all-time high of $31 trillion this month. More than $11 trillion of debt has…
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