Harris or Trump debt hike eyed in CRFB analysis
The nonpartisan Committee for a Responsible Federal Budget projects Harris could add about 3.5 trillion to the national debt by 2035, while Trump plans might lift deficits by as much as 15.2 trillion over time. The report, based on speeches and policy documents, warns debt would grow faster than the economy under either candidate. It notes current debt tops 28 trillion and servicing costs outpace some core programs. The analysis contrasts fiscal paths, with other estimates favoring Harris on deficit control. Both campaigns disagree or did not respond to the findings.
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Kamala Harris
Donald Trump
Nonpartisan
Committee For
Harris
Trump
Harvard University
Jason Furman
Obama White House
Wall Street Journal
Budget Lab
Yale
Penn Wharton
Committee
Judge orders Google to open Android Play Store to rivals
A federal judge ruled Google must dismantle parts of its Android app store barriers to competition. The injunction requires allowing rival third party app stores to be distributed, opening access to Play Store apps for rivals, and banning coercive payments or exclusive deals for three years through Nov. 1, 2027. Google may appeal and seeks a pause.
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San Francisco
Google
U.S
James Donato
Mountain View
California
Donato
Samsung
Alphabet Inc
Play
Apple
Epic Games
Stocks slide as Treasury yields rise edge higher
U S stocks declined Monday as Treasury yields climbed to multi month highs with the 10 year above 4 percent and the two year near 4 percent. The S&P 500 fell 1 percent the Dow lost 398 points and the Nasdaq dropped 1.2 percent as energy prices also rose amid Middle East supply worries. Utilities led losses as higher yields eroded dividend appeal with Vistra and Duke Energy among the steepest decliners.
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New York
Uss
Treasury
U.S
Federal Reserve
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FTC antitrust suit against Amazon allowed to proceed
A federal judge ruled the FTC can pursue its antitrust lawsuit against Amazon with many state claims allowed to move forward. Some state claims from New Jersey Pennsylvania Oklahoma and Maryland were dismissed. Trial is set for October 2026 with Amazon facing significant legal challenges over alleged price inflation and competitive harms.
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Amazon
Federal Trade Commission
John H. Chan
FTC
Doug Farrar
Puerto Rico
U.S
Chun
District Court
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Pennsylvania
Oklahoma
Maryland
Tim Doyle
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