Putin makes it official: Russia is all in on defense spending

Russian President Vladimir Putin approved a record defense budget for 2025. Russian President Vladimir Putin has signed off a federal budget that will boost defense spending to a record level next year. The budget for 2025 will take the amount allocated for national defense to 13.5 trillion rubles, or $126.8 billion — up from 10.8…

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BlackRock is buying HPS, rounding out a year of blockbuster deals

BlackRock CEO and cofounder Larry Fink. Larry Fink is looking to close 2024 as he started it — by announcing a big acquisition that brings BlackRock closer to dominating private market investing. BlackRock is set to buy HPS Investment Partners, a private credit behemoth managing $150 billion, in an all-stock deal worth around $12 billion,…

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A false alarm triggered an emergency landing for an American Airlines flight from Chicago to Las Vegas

An American Airlines Boeing 737.  An American Airlines jet made an emergency landing Sunday after the crew reported a “possible electric issue.” The 14-year-old Boeing 737 was operating Flight 1047, from Chicago O’Hare to Las Vegas. Data from Flightradar24 shows it flew for about half an hour before turning back to Chicago. “American Airlines Flight…

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Looking to invest in crypto? Avoid these 4 common pitfalls.

Wall Street money managers have been buying it, El Salvador has adopted it as legal tender, and the US might start stockpiling it under Donald Trump Bitcoin has been on fire recently — drawing more attention from potential investors. Robert Cannon, a financial advisor at Experity Wealth with a specialization in alternative assets, has seen…

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I’m a mom of 5 and became a millionaire at 39. I drive a Honda Accord, order water when dining out, and don’t pay for the kids’ college.

Julia Myers became a millionaire by the time she was 39. This as-told-to essay is based on a conversation with Julia Myers, founder of Generational Wisdom. It has been edited for length and clarity. It was a goal of mine to become a millionaire before I turned 40. Even more than seeing seven figures in…

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