CBO

US Population Predicted to Decline by 2033 Without Immigration, Warns CBO

7 days ago

The Congressional Budget Office (CBO) has issued a stark warning regarding the future of the United States population, predicting a decline by the year 2033 if immigration levels remain stagnant. This forecast underscores the significant role that immigration plays in sustaining population growth and highlights the potential economic implications of a shrinking populace.

US Treasury Faces Potential Default by August, Warns CBO

8 days ago

The U.S. Treasury Department is in a precarious financial situation, with the possibility of payment default looming as soon as August 2025. This stark warning comes from the Congressional Budget Office (CBO), which has highlighted the urgent need for Congressional action to address the nation’s mounting debt ceiling dilemma.

Cboe to Launch Unique Options Product Addressing Concentration Risk in SPY Stocks

25 days ago

In a strategic move targeting investors concerned about heavy concentration risks in the S&P 500, Cboe Global Markets has announced its plan to introduce a new options product specifically designed to navigate potential pitfalls associated with widely-held stocks such as those in the SPDR S&P 500 ETF Trust (SPY). This reflects a growing recognition among traders of the inherent risks that come with a limited number of stocks dominating market movements, especially in a volatile climate.

CBOE Stock Exchange Expands Trading Hours to 24/5: A Game Changer for Investors

2 months ago

In a landmark decision poised to alter the landscape of financial trading, the CBOE Stock Exchange has announced its plan to extend trading hours to a full 24 hours a day, five days a week. This major shift aims to enhance market accessibility and align with the ever-evolving needs of global traders.

Thailand Unveils $890 Million Economic Boost for Seniors

2 months ago

Thailand recently announced a significant initiative aimed at supporting its elderly population, rolling out a substantial financial assistance program totaling 890 million dollars. This plan is designed to provide financial relief and stimulate economic growth, particularly in the face of ongoing economic challenges exacerbated by the global pandemic.

New York City’s Aging Bus Hub Secures $1.9 Billion Loan as Trump Prepares for Political Comeback

3 months ago

In a significant financial move, New York City’s aging bus terminal has recently secured an impressive $1.9 billion loan, aimed at revitalizing the bustling transport hub. This timely funding arrives just as former President Donald Trump is anticipated to make a notable return to the political arena, raising questions about the intersection of infrastructure investments and national politics.

Japan's Ambitious $140 Billion Stimulus Package Unveiled by Ishiba

4 months ago

In a significant move to bolster its economy, Japan is on the verge of launching a substantial stimulus package amounting to approximately $140 billion. This initiative, reported by NHK, is set to be announced by former LDP leadership candidate Shigeru Ishiba. The timing of this announcement is crucial, occurring just before a pivotal election in Tokyo, as the nation faces mounting economic challenges including rising costs and sluggish growth.

Thailand Extends Holidays to Boost Tourism Amid Economic Challenges

5 months ago

In a strategic move to invigorate its tourism-dependent economy, the Thai government has declared an extension of public holidays. This decision comes in light of recent economic trends that have shown a disappointing growth rate, prompting officials to take action to stimulate domestic travel and bolster visitor numbers from abroad.

Chicago Anticipates Major Economic Boost Following Record-Breaking Marathon

6 months ago

In an exciting turn of events for Chicago, city officials are eyeing a substantial economic impact amounting to an estimated $500 million, just one year after the city's marathon achieved record participation and financial success. The event has not only highlighted the city's prowess in hosting large-scale sports activities but has also painted a brighter picture for local businesses involved in hospitality, transportation, and retail sectors.

Biden’s Upcoming Visit to Angola Expected to Spur Investment Boom

6 months ago

Angola is gearing up for an influx of major investments following U.S. President Joe Biden's announcement that he will visit the African nation before the year is over. The effort represents a defining moment for Angola as it looks to deepen its economic relationship with one of the world's largest economies.