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…
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,…
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…
I tried Gordon Ramsay’s recipe for air-fryer steak, and got a perfect result in 20 minutes
Gordon Ramsay’s recipe for air-fryer steak required a lot of spices and seasonings. I never even thought you could — or should — cook a nice steak in the air fryer, but Gordon Ramsay’s coffee-and-chili-rubbed rib-eye recipe has proved me wrong. Here’s what it was like making the chef’s air-fryer steak. I chose a thick…
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…
Stock market today: Indexes slip after hitting records as investors await fresh economic data
A trader works on the floor of the New York Stock Exchange (NYSE) a day after the market closed for over three hours yesterday due to a ‘technical glitch’ on July 9, 2015 in New York City. The market had a normal opening today with no reports of problems. US indexes were lower Tuesday as…
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…
I lost all my belongings in a storage unit fire after a break-up. It made me rethink my relationship with material things.
I wanted to understand our relationship to things. I had just gotten home when my parents called me into the kitchen and gestured for me to sit down at the table. I was in my mid-20s and had just gone through a bad break-up, and while I worked out what to do next, I was…
BYD raced past its annual delivery target ahead of schedule, throwing down the gauntlet for Tesla
BYD has seen booming sales in recent months on the back of its strong hybrid lineup. BYD and Tesla are locked in a fierce battle to become the world’s biggest EV company — and the Chinese automaker has just landed a major blow. BYD has surpassed its annual sales target a month ahead of schedule,…