Chinese state-sponsored hackers breached the US Treasury Department’s computer security guardrails this month and stole documents in what Treasury called a “major incident,” according to a letter to lawmakers that Treasury officials provided to […]
“Extraordinary measures” may be needed soon to prevent nation from defaulting on its obligations, Janet Yellen has told Congress US Treasury Secretary Janet Yellen has said the federal government will hit its debt limit as […]
The US government will “go de facto bankrupt” unless it reins in its rising debt, Elon Musk has warned. The billionaire is set to co-lead a new department tasked with curbing spending under President-elect Donald […]
A hot question for an iffy situation. So here are the holders as of Q3. By Wolf Richter for WOLF STREET: The US national debt keeps ballooning at an amazing rate and has now reached $36.16 trillion. These […]
California Dems are requesting over $500M from Biden for its troubled high-speed bullet train defunded by Trump after Newsom canceled it. As Breitbart News reported, Trump withheld $1 billion in funding from the project after […]
Weekly Daily Standup Top Stories Biden’s DoD Doubles Down On Climate Action As Trump Promises Military Reset December 14, 2024 Andy Del Prado The DoD’s focus on climate change over national security reflects Biden’s top policies. […]
Daily Standup Top Stories In protest against LNG export permits, Climate Defiance blocks unused entrance to DOE garage December 16, 2024 Clark Savage The group didn’t provide any information on why they were blocking an unused […]
Many Germans liked to see their country as a global leader in the fight against climate change. Despite Germany being responsible for only 1.5 percent of man-made CO2 emissions worldwide, advocates for climate action argued that Germany […]
GDP is forecast to decline by 0.2% this year, a sharp downgrade from Bundesbank’s previously projected 0.3% expansion Germany’s central bank has slashed growth outlook for the EU’s largest economy, projecting that it will contract […]
Weekly Daily Standup Top Stories EV Sales Slump: A Global Reality Check December 8, 2024 Clark Savage Global EV sales are slowing down due to high prices, concerns about charging infrastructure, and reduced government subsidies. Major […]
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