U.S. and global markets saw mixed movements as companies like Rivian and Lucid warned of tariff and production headwinds, while AI remains the key driver for S&P 500 growth amid shifting Fed leadership speculation and ongoing U.S. debt concerns.
#YonhapInfomax #Rivian #Tariffs #SP500 #ArtificialIntelligence #USDebtCrisis #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75851
[Morning Major International Financial News]Rivian Warns Tariffs to Add Thousands of Dollars to Per-Vehicle Production Costs

U.S. and global markets saw mixed movements as companies like Rivian and Lucid warned of tariff and production headwinds, while AI remains the key driver for S&P 500 growth amid shifting Fed leadership speculation and ongoing U.S. debt concerns.

Yonhap Infomax
Moody's Downgrades U.S. Credit Rating Amid Mounting Debt and Fiscal Challenges

Moody's Downgrades U.S. Credit Rating Amid Mounting Debt and Fiscal Challenges ...

Blogger

Drei große Gläubiger –
Japan, China, UK –
halten Amerikas Schulden in der Hand.
Wenn sie die Reißleine ziehen,
brechen US-Anleihen ein,
Zinsen explodieren,
der Dollar taumelt
und die Weltwirtschaft wankt.
Die USA sitzen auf einer Zeitbombe,
und Trump zündelt am Zünder.
Wer Schulden missachtet,
wird von der Realität kassiert.

#USDebtCrisis #GläubigerMacht #USPoliticsFeed #ZeitbombeUSA

Trump added $8.4 trillion to the national debt: Analysis

Tax cuts and pandemic relief measures enacted during the Trump administration added $8.4 trillion to the national debt over the 10-year budget window, according to a study released Wednesday by a top budget watchdog group. Discretionary spending increases from 2018 and 2019 added $2.1 trillion, Trump’s signature Tax Cuts and Jobs Act added $1.9 trillion…

The Hill
#usdebtcrisis #reganomics #uspolitics I had a convo with a former Democrat. I said the debt goes up during #republican adminstrations and down in #democratic ones. They thought I was mixed up. I repeated myself. They didn't believe me. The narrative we are all led to believe in is FALSE. The "#conservatives " give HUGE TAXCUTS to the rich and increase Military spending. The "tax & spend #liberals " invest in people and infrastructure. Click to reveal the whole chart. What you don't know can kill ya.
Young Americans blame SCOTUS, GOP for unforgiven student loan debt

Conservatives are taking the heat after the Supreme Court killed Biden's student loan relief plan.

Axios
GOP conservatives fume over possible debt ceiling compromises

Hard-line conservatives are fuming over the debt deal compromise being negotiated between Speaker Kevin McCarthy (R-Calif.) and the White House — and they’re warning about collapsing GOP support. Rep. Bob Good (R-Va.) said he was “concerned about rumors” he was hearing about a deal that would raise the debt ceiling higher than what House Republicans…

The Hill

The Head of the Republican Party Literally Said a Default Could Bode "Very Well” for the GOP. It's easy to see why debt ceiling negotiations haven't gone anywhere.

https://www.vanityfair.com/news/2023/05/republicans-debt-ceiling-negotiations

#VanityFair #GOPDebtCeiling #RepublicanParty #USDebtCrisis #PoliticalStrategy #EconomicImplications #Politics #News

The Head of the Republican Party Literally Said a Default Could Bode "Very Well” for the GOP

It's easy to see why debt ceiling negotiations haven't gone anywhere.

Vanity Fair

Why Trump Wants U.S. to Default on Debt - And why Biden now says he’s “looking at” invoking the Fourteenth Amendment.

https://www.thebulwark.com/why-trump-wants-u-s-to-default-on-debt/

#TheBulwark #TrumpDebtDefault #BidenFourteenthAmendment #USDebtCrisis #NationalDebt #EconomicPolicy #Politics #News

Why Trump Wants U.S. to Default on Debt

And why Biden now says he’s “looking at” invoking the Fourteenth Amendment.

The Bulwark
In 10 years, US debt is projected to reach $50 trillion, with over 20% of government revenue dedicated to interest payments. Additionally, the US spends a staggering 24% of its GDP annually. We must address the pressing issues of excessive spending and borrowing. #USDebtCrisis