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EU Military Spending Hits Record High of €240 Billion Following Russia's Invasion of Ukraine

EU Military Spending Hits Record High of €240 Billion Following Russia's Invasion of Ukraine

Military spending within the European Union (EU) reached a historic high of €240 billion ($261.8 billion) in 2022, marking a 6% increase from the previous year.


Federal Reserve Poised to Cut Interest Rates 6 Times in 2024 as US Economy Slows Down: ING

Amid signs of an economic slowdown, ING Economics predicts that the US Federal Reserve will cut interest rates six times in 2024.

Nelson Peltz vs. Disney: Billionaire Activist Investor Seeks Multiple Board Seats as He Launches New Proxy Battle

Activist investor Nelson Peltz and his firm Trian Fund Management have reportedly launched a proxy fight with Disney as they aim to secure more than two seats on the board.

JPMorgan Chase Is Ready to Leave China if Ordered by US Government, Bank CEO Jamie Dimon Says

JPMorgan Chase CEO Jamie Dimon said Wednesday that the bank would leave China if directed by the US government.


Latest News

SoFI Is Exiting the Crypto World — Here Are the 3 Best Alternatives for Trading Crypto
SoFi Invest is exiting the cryptocurrency world amid increased regulatory scrutiny. SoFi Invest is exiting the cryptocurrency world amid increased regulatory scrutiny.
Spirit Airlines Offers Early Departure Packages to Salaried Employees: Here's Why
Spirit Airlines is offering early departure packages to salaried employees. Amid ongoing financial challenges, Spirit Airlines is offering voluntary exit packages to salaried employees to salaried employees, marking the latest cost-cutting strategy by the budget carrier.
Mark Cuban to Sell Majority Stake of Dallas Mavericks to Sands Casino Family for $3.5 Billion
Dallas Mavericks owner Mark Cuban is now in talks to sell a majority stake in the NBA franchise to the family behind the Las Vegas Sands casino company.
Elon Musk's Neuralink Raises Another $43 Million as It Gears up for Human Trials
Elon Musk's Neuralink, a company focused on developing brain implant technology, has secured an additional $43 million in funding.
Warren Buffett's Trusted Associate Charlie Munger Dies at 99: What's Next for Berkshire Hathaway?
Investing icon Charlie Munger, who served as vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett, has passed away at the age of 99.
Amazon Q brings generative AI-powered assistance to IT pros and developers (preview)
Amazon has unveiled its latest venture into the world of artificial intelligence (AI) by introducing a new chatbot called Q.
New Disney Movie 'Wish' Fails to Shine at Thanksgiving Box Office
Disney's new film "Wish" did not shine during the Thanksgiving holiday weekend, failing to meet box office analysts' expectations.
Shein Files for US IPO as Chinese-Founded Fashion Giant Seeks to Expand Global Reach
Chinese-founded fast-fashion giant Shein has confidentially filed for an initial public offering (IPO) in the United States (US).
Using an ATM - Hand pressing number
Building good habits around one's finances is essential to maintaining good financial health. Aside from ensuring you have enough to take care of your essentials, these habits also serve as your foundation for better wealth management decisions. Having and maintaining a bank account is an important part of your everyday finances.
Joe Biden Slams Corporations Over Soaring Consumer Prices, Says 'It’s Time to Stop the Price-Gouging'
President Joe Biden has criticized corporations for maintaining high consumer prices despite a slowdown in the rate of inflation.