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Musk's xAI Burns Through $1 Billion A Month As Costs Pile Up
Elon Musk's artificial intelligence startup xAI is burning through $1 billion a month as the cost of building its advanced AI models races ahead of the limited revenues.
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NDTV Explains: India And The US' Awkward 'AAA' Ratings Cut, Debt Story
Moody's has joined Fitch and S&P in cutting the US' credit rating, dropping the world's largest economy from a perfect 'AAA' to one notch below. Why? Because of a ballooning federal deficit and debt-to-GDP ratio that threatens an almost unthinkable d
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Bad News For Trump, US Loses Last AAA Rating, Moody's Flags Rising Debt
The United States lost its last triple-A credit rating from a major agency as Moody's announced a downgrade, citing rising levels of government debt and dealing a blow to Donald Trump's narrative of economic strength and prosperity.
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Fitch Downgrades China's Rating To 'A', Outlook Stable
Global ratings agency Fitch downgraded China's long-term foreign-currency issuer default rating from 'A+' to 'A' on Thursday, noting weakening finances and debt concerns.
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"Back In India, Drowning In Debt": Man's Emotional Post About His Financial Struggle Goes Viral
A student who took an education loan of Rs 40 lakhs to study abroad found himself debt-ridden, struggling to make ends meet, and support an ailing parent.
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US Lawmakers Join Trump-Musk Government Shakeup
Republicans vowed Wednesday to tackle the "stunning" US national debt, as lawmakers began work on President Donald Trump's plan for the most radical downsizing of the federal government in decades.
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Why China Remains Undeterred About Opening Up Its Economy
The country's economy, the world's second-largest, has struggled to recover from the Covid-19 pandemic, facing challenges like a debt crisis in the housing sector, low consumption, and high youth unemployment.
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Budget, Debt: Donald Trump's Treasury Chief Faces Urgent Challenges
One pressing concern for Scott Bessent will be "how to navigate a desire for more protectionism while avoiding a global trade war," EY chief economist Gregory Daco said.
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US Election 2024: Key Issues For Gen Z Voters And Who They Are Voting For
Gen Z voters are focusing on several key issues including climate change, social justice, economic opportunities, healthcare access, and student debt relief.
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Trump 2.0 Haunts World Economy Chiefs Gathering in Washington Before Vote
The worlds financial leaders are gathered in Washington, ostensibly to discuss technical stuff: debt, inflation, interest rates. Whats really on their minds is Donald Trump.
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Elon Musk Calls College Education "Overrated", Says Success Doesn't Require A Four-Year Degree
The billionaire emphasised that many students accumulate debt during their college years without acquiring practical skills.
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Byju's Still Obligated To Repay Full Loan Amount, Say US Lenders
US lenders represented by Glas Trust have countered BYJU's founder Byju Raveendran's claim on verified debt on the company being merely around Rs 20 crore.
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US Millionaire, Who Died By Suicide, Owed $34 Million With $8,000 In Bank
On his wife's now-defunct lifestyle blog 'Mama + Tata,' Brandon Miller often showcased a fairy-tale lifestyle, portraying himself as a lucky head of an idyllic upper-crust family.
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Biden Cancels Another $1.2 Billion In Student Debt As Vote Nears
US President Joe Biden said Thursday he was extending his student loan forgiveness program by canceling the loans of an additional 35,000 Americans as he seeks reelection.
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Biden Unveils New Plans To Reduce Student Loan Debts To Woo Young Voters
US President Joe Biden was unveiling new plans Monday to reduce student loan debt for millions of Americans, in a fresh bid to win over young voters who will be crucial in November's election.
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Musk's xAI Burns Through $1 Billion A Month As Costs Pile Up
Elon Musk's artificial intelligence startup xAI is burning through $1 billion a month as the cost of building its advanced AI models races ahead of the limited revenues.
-
NDTV Explains: India And The US' Awkward 'AAA' Ratings Cut, Debt Story
Moody's has joined Fitch and S&P in cutting the US' credit rating, dropping the world's largest economy from a perfect 'AAA' to one notch below. Why? Because of a ballooning federal deficit and debt-to-GDP ratio that threatens an almost unthinkable d
-
Bad News For Trump, US Loses Last AAA Rating, Moody's Flags Rising Debt
The United States lost its last triple-A credit rating from a major agency as Moody's announced a downgrade, citing rising levels of government debt and dealing a blow to Donald Trump's narrative of economic strength and prosperity.
-
Fitch Downgrades China's Rating To 'A', Outlook Stable
Global ratings agency Fitch downgraded China's long-term foreign-currency issuer default rating from 'A+' to 'A' on Thursday, noting weakening finances and debt concerns.
-
"Back In India, Drowning In Debt": Man's Emotional Post About His Financial Struggle Goes Viral
A student who took an education loan of Rs 40 lakhs to study abroad found himself debt-ridden, struggling to make ends meet, and support an ailing parent.
-
US Lawmakers Join Trump-Musk Government Shakeup
Republicans vowed Wednesday to tackle the "stunning" US national debt, as lawmakers began work on President Donald Trump's plan for the most radical downsizing of the federal government in decades.
-
Why China Remains Undeterred About Opening Up Its Economy
The country's economy, the world's second-largest, has struggled to recover from the Covid-19 pandemic, facing challenges like a debt crisis in the housing sector, low consumption, and high youth unemployment.
-
Budget, Debt: Donald Trump's Treasury Chief Faces Urgent Challenges
One pressing concern for Scott Bessent will be "how to navigate a desire for more protectionism while avoiding a global trade war," EY chief economist Gregory Daco said.
-
US Election 2024: Key Issues For Gen Z Voters And Who They Are Voting For
Gen Z voters are focusing on several key issues including climate change, social justice, economic opportunities, healthcare access, and student debt relief.
-
Trump 2.0 Haunts World Economy Chiefs Gathering in Washington Before Vote
The worlds financial leaders are gathered in Washington, ostensibly to discuss technical stuff: debt, inflation, interest rates. Whats really on their minds is Donald Trump.
-
Elon Musk Calls College Education "Overrated", Says Success Doesn't Require A Four-Year Degree
The billionaire emphasised that many students accumulate debt during their college years without acquiring practical skills.
-
Byju's Still Obligated To Repay Full Loan Amount, Say US Lenders
US lenders represented by Glas Trust have countered BYJU's founder Byju Raveendran's claim on verified debt on the company being merely around Rs 20 crore.
-
US Millionaire, Who Died By Suicide, Owed $34 Million With $8,000 In Bank
On his wife's now-defunct lifestyle blog 'Mama + Tata,' Brandon Miller often showcased a fairy-tale lifestyle, portraying himself as a lucky head of an idyllic upper-crust family.
-
Biden Cancels Another $1.2 Billion In Student Debt As Vote Nears
US President Joe Biden said Thursday he was extending his student loan forgiveness program by canceling the loans of an additional 35,000 Americans as he seeks reelection.
-
Biden Unveils New Plans To Reduce Student Loan Debts To Woo Young Voters
US President Joe Biden was unveiling new plans Monday to reduce student loan debt for millions of Americans, in a fresh bid to win over young voters who will be crucial in November's election.
