The US Treasury holds $904.9 billion in cash, more than enough to cover estimated $170 billion in tariff refunds after the Supreme Court ruled IEEPA tariffs illegal, but the key issue is how to address a projected $1.4 trillion revenue shortfall by 2035 as officials consider alternative tariffs and phased refunds.
#YonhapInfomax #USTreasury #TariffRefunds #IEEPA #RevenueShortfall #SupremeCourtRuling #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=106116
[Trump Tariff Ruling Illegal] US Treasury Holds $904.9 Billion in Cash—Future Revenue, Not Refunds, Is the Key Issue
The US Treasury holds $904.9 billion in cash, more than enough to cover estimated $170 billion in tariff refunds after the Supreme Court ruled IEEPA tariffs illegal, but the key issue is how to address a projected $1.4 trillion revenue shortfall by 2035 as officials consider alternative tariffs and phased refunds.
Yonhap InfomaxThe South Korean government faces a 3.7 trillion won ($2.8 billion) revenue shortfall after failing to sell NXC shares received as in-kind inheritance tax payment, with uncertainty heightened by the stake's high valuation and limited buyer interest.
#YonhapInfomax #NXC #Nexon #InheritanceTax #RevenueShortfall #ShareSaleDelay #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=91879
Lowe's Q1 Revenue Misses Expectations, Maintains Annual Outlook; Stock Down 1%
Lowe's Q1 earnings beat estimates despite revenue miss, maintains annual outlook amid mixed performance in DIY and professional segments
Yonhap Infomax
Uber Q1 EPS Beats Expectations at $0.83, Stock Down 4% on Lower-Than-Expected Revenue
Uber reports Q1 EPS of $0.83, beating expectations, but stock falls 4% as revenue misses forecasts; CEO highlights autonomous vehicles as key future opportunity
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Super Micro Computer's Earnings Fall Short of Expectations, Stock Plunges 17% in After-Hours Trading
Super Micro Computer's stock plummets 17% after-hours as Q3 FY2025 earnings fall short of analyst expectations, with revenue and EPS projections significantly below consensus estimates
Yonhap Infomax