New army recruits of the Bundeswehr, Germany’s armed forces, during basic training on Nov. 29, 2022 near Prenzlau, Germany.Sean Gallup | Getty ImagesAs Europe plans to pour billions of dollars into defense, many regional leaders are pushing for the money to be spent locally — but some market watchers say it’s inevitable that U.S. companies will benefit from the impending security splurge.Last week, a parliamentary vote for historic debt reform paved the path for a defense spending hike in Germany. Separately, the U.K. Prime Minister Keir Starmer vowed to hike Britain’s national spend on defense, and the EU pledged to…
Author: usaeverydaylife
Salt Lake City has become a thriving metropolis with a booming population and plenty of job opportunities in banking and tech.Many residents, like former Gov. Michael Leavitt, point to the 2002 Winter Olympics as the catalyst for the city’s transformation. “A lot of good things came together at the right time. We had a growing population. Tech was becoming — it was in its infancy and was expanding. A startup culture was important,” Leavitt said. “We were in the position to be able to educate a lot of engineers at the right time, and then to be able to close that…
It’s an annual tradition: My column explaining why I think your favorite team isn’t going to win as many games as you think they are.These predictions are for fun, not a demonstration of my deep-seated loathing for your favorite team, and not the product of a sophisticated machine-learning algorithm to produce impeccable forecasts. I make it all up, and then I talk about it. (I do, however, rely on FanGraphs’ projections as a starting point for several things here, especially some individual player projections, and this piece would be far harder without them.)I’ve done this for at least 15 years…
People walk on the campus of the University of Southern California (USC) on March 21, 2024 in Los Angeles, California. Mario Tama | Getty ImagesAround 9.7 million student loan borrowers became past due on their bills after the Covid-era payment pause expired, according to a new estimate by the Federal Reserve Bank of New York.After the Covid-era pause on federal student loan payments lapsed in September 2023, the Biden administration offered borrowers a 12-month “on-ramp” to repayment. During that time, borrowers were shielded from most of the consequences of falling behind on their payments. That relief period concluded on Sept. 30, 2024.By the end of…
Investors may be overlooking a key component of Coinbase’s business that’s offsetting recent weakness in the company’s core trading business, according to Rosenblatt. Trading volumes have fallen amid cautious market conditions – March’s daily average is now 20% below February’s after being up 10% just two weeks ago. However, stablecoin growth has accelerated, driven mainly by USDC , the second-largest stablecoin on the market with which Coinbase enjoys a 50% revenue sharing agreement . “We’re not worried as the potential top line pressure is offset by encouraging market share gains and accelerating outstanding growth at USDC, up 36% YTD,” Chris…
People walk past the headquarters of the U.S. Small Business Administration in the Southwest Federal Center area on March 24, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesPresident Donald Trump said last week that federal student loans would “immediately” be moved out of the U.S. Department of Education and will be managed by the Small Business Administration.”They’ll be serviced much better than it has in the past,” Trump said of the debt. “It’s been a mess.”Consumer advocates expressed worries that the mass transfer of accounts to the SBA could trigger errors, or compromise borrowers’ privacy. They also raised concerns about…
The withdrawal of all Russian forces from Ukraine would be one of the main conditions to lift or amend EU sanctions, a European Commission spokesperson said on Wednesday.European Union countries renewed the bloc’s two sanctions frameworks on Russia for another six months at the end of January and earlier this month. Any changes to sanctions require unanimity among its 27 member states. “The end of the Russian unprovoked and unjustified aggression in Ukraine and unconditional withdrawal of all Russian military forces from the entire territory of Ukraine would be one of the main preconditions to amend or lift sanctions,” the spokesperson…
The NFL offseason is well underway, and while the upcoming NFL Draft will shake things up even more, there has been no shortage of roster-altering moves. The biggest, of course, have come at quarterback. We’re still waiting for one big domino (Aaron Rodgers) to fall, but we’ve already seen huge shifts in the QB landscape. No. 1, of course, was the Seattle Seahawks trading Geno Smith to the Las Vegas Raiders before signing former Minnesota Vikings quarterback Sam Darnold to be their new signal caller.How did those moves, and all of the others made so far this offseason, affect their…
Paramilitary fighters with Sudan’s Rapid Support Forces began withdrawing from the battle-torn capital of Khartoum in large numbers on Wednesday, fleeing a city they had occupied since a ruinous war broke out nearly two years ago.The capture of the city by Sudan’s military marks a dramatic turning point in what is currently Africa’s largest war. The Rapid Support Forces, known as the R.S.F., is likely to withdraw to its stronghold in Darfur, in the west of the country, according to analysts.Surveillance drone footage circulated by Sudan’s military showed hundreds of R.S.F. fighters crossing a dam on the Nile at Jebel…
Check out the companies making headlines in premarket trading. GameStop — The meme stock surged 16% a day after the company’s board announced it had approved a plan to buy bitcoin and stablecoins with a portion of its corporate cash, in a move similar to that of MicroStrategy. Dollar Tree — The discount retailer gained 5% after the company announced plans to sell its Family Dollar business for $1 billion. Dollar Tree also reported fourth-quarter results on Wednesday, which saw the firm surpass analyst estimates on the top and bottom line. Playtika — Shares of the mobile gaming company jumped…
