trillion

Samsung Profit Hits Record High on Surging Smartphone Sales

Digg - Business & Finance  Sun, 01/29/2012 - 11:50

Samsung's rolling in the dough after posting a profit of 5.3 trillion won in 2011, or $4.73 in U.S. currency, representative of a staggering 79 percent year-on-year growth rate.

Smartphone sales have been for key for Samsung, and despite ongoing litigation with Apple over patent infringement claims, Samsung's shipped more mobile phones in...


 

Country's debt now equals size of economy

MSNBC.com: Business  Mon, 01/09/2012 - 14:26

With gross domestic product of roughly $15 trillion and total debt of $15.23 trillion, what the U.S. owes is now more than than the output of the entire nation's economy. 


 

Demand Is High for Euro Loans From Central Bank

NYT > Business  Wed, 12/21/2011 - 13:58

Banks lined up for almost half a trillion euros in cheap three-year loans, part of an unprecedented effort to keep credit flowing in the euro zone.


 

Ahead of the Bell: Budget Deficit

Newsvine - business  Fri, 10/14/2011 - 05:13

The government is expected to report Friday that it ran a $1.3 trillion deficit in the budget year that ended last month, the third straight year that it has operated more than $1 trillion in the red.


 

Ryan on Supercommittee Goals: Political Capital With Al Hunt

Topix - Business News  Sat, 09/24/2011 - 19:51

Sept. 24 -- Republican House Budget Committee Chairman Paul Ryan of Wisconsin talks about the outlook for the congressional supercommittee to meet its goal of finding $1.5 trillion in savings.


 

Repeal our unfunded health law? No way, says GOP

Newsvine - business  Sat, 09/17/2011 - 18:20

It's a massive health care entitlement with unfunded future costs over $7 trillion. Many conservatives are still upset at the way it was rammed through Congress.


 

OMG, Is The US Really $211 TRILLION In Debt!?!

Digg - Business & Finance  Sun, 09/04/2011 - 08:48

You've heard that the US has about $14.5 trillion in national debt, but this week Laurence Kotlikof, an economist and former Reagan advisor, said the US is really $211 TRILLION in debt.


 

CBO: Budget deficit to hit $1.28T, down slightly

Newsvine - business  Wed, 08/24/2011 - 07:31

The federal budget deficit will hit $1.28 trillion this year, down slightly from the previous two years, with even bigger savings to come over the next decade, according to congressional projections released Wednesday.


 

Money fund assets rise to $2.631 trillion

Newsvine - business  Thu, 08/18/2011 - 18:06

Total U.S. money market mutual fund assets increased $10.21 billion to $2.631 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.


 

Obama Tells Republicans No Deficit Reduction Without Tax Hikes

Digg - Business & Finance  Wed, 06/29/2011 - 10:47

President Obama today ripped Republicans for refusing to accept tax hikes, even for the wealthiest Americans, as part of any deal to raise the nation's debt ceiling beyond $14.29 trillion.