‘Fantasy math’ masks tax bill’s U.S. debt impact, GOP lawmaker said. What the deficit means for your money

Key Points

Legislation passed by Republicans in the House and now being considered in the Senate would increase the U.S. debt by more than $3 trillion after interest and economic effects, according to estimates.
The “One Big Beautiful Bill Act” is a “debt bomb ticking,” one GOP lawmaker said.
The debt can have a big impact on household finances, by raising the cost of borrowing and reducing the value of investors’ bond holdings, according to economists.

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Finance

Too early to bet against AI trade, State Street suggests

November 8, 2025

ETF Edge Too early to bet against AI trade, State Street suggests Published Sat, Nov 8 202511:00 AM EST Blair Bao WATCH LIVE Source

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Fed’s Miran says stablecoin surge could help push interest rates lower

November 7, 2025

Key Points Fed Governor Stephen Miran on Friday suggested that surging demand for dollar-denominated stablecoins could help push U.S. interest rates lower. “Stablecoins may become a multitrillion-dollar elephant in the room for central bankers,” Miran said during a speech in New York. Source

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Stocks making the biggest moves midday: Block, Archer Aviation, Akamai, Globus Medical and more

November 7, 2025

Check out the companies making the biggest moves midday: XYZ —The financial services provider plunged 10% after reporting third-quarter earnings of 54 cents per share, while analysts polled by LSEG were expecting 67 cents. Block’s $6.11 billion revenue also came IN below the forecast $6.31 billion. Globus Medical — The medical device maker soared 32% […]