The U.S. Treasury building in Washington, D.C., on Aug. 15, 2023. Nathan Howard | Bloomberg | Getty Images The Biden administration recorded a budget deficit that exceeded $1.8 trillion in fiscal year 2024, representing an increase of over 8% from the previous year and marking the third highest deficit on record, as reported by the … Read more
Warren Buffett is increasing his investment in Sirius XM Holdings Inc., as Berkshire Hathaway Inc. continues to purchase more shares of the radio broadcasting company for its portfolio. According to regulatory filings, the conglomerate bought $42 million worth of shares over the course of three days last week. Currently, Berkshire Hathaway holds a stake of … Read more
North Korea claimed on Saturday that it had found the remains of a crashed South Korean military drone, indicating that it may have been on a propaganda mission as part of the ongoing tensions between the two countries involving flying objects crossing the border. According to the state news agency KCNA, the shape of the … Read more
Yahya Sinwar’s killing on Thursday forces Hamas to make a choice of far-reaching consequences: picking a leader at arguably its weakest moment since Israel’s assassination of its founder in 2004. The survival of Sinwar, who led the militant group in Gaza for about seven years, had symbolised Hamas’s resistance under Israeli fire. With the architect … Read more
New research conducted by cybersecurity company Group-IB has revealed that cybercriminals have been using fake trading apps as part of a global “pig butchering” campaign to deceive unsuspecting individuals. Pig butchering is a type of investment fraud where scammers convince victims to make substantial investments on fraudulent trading platforms. This scheme, often associated with cryptocurrency … Read more
Republican presidential candidate and former U.S. President Donald Trump arrived at Detroit Metropolitan Wayne County Airport on October 18, 2024, in Detroit, Michigan, where he addressed the media. Despite ongoing questions about his health, Trump reiterated his stance on not releasing his current medical records, citing that he has already undergone five exams in the … Read more
According to Michael Grant, the Chief Investment Officer of Calamos Investments, the bull market may be approaching its end. Grant believes that the market is currently experiencing what he calls the “invincibility syndrome.” This syndrome occurs when investors falsely believe that stocks will continue to rise without any obstacles. He warns that stocks could soon … Read more
By Jonathan Allen (Reuters) – A man on death row in Texas who had expected to be executed on Thursday night is now set to testify next week before the state lawmakers who believe he may have been wrongly convicted of murdering his 2-year-old daughter and secured him an extraordinary reprieve. Robert Roberson, 56, had … Read more
Stay updated with complimentary updates Simply subscribe to the Private equity myFT Digest — sent directly to your email inbox. Two major private equity firms, KKR and Bain, are currently engaged in a fierce battle over a $4 billion Japanese software company, marking a significant development in Tokyo’s M&A landscape. This ongoing rivalry escalated recently … Read more
A former Park Service ranger alleged on Friday that Montana U.S. Senate candidate Tim Sheehy has been dishonest about a bullet wound he claimed to have received while fighting in Afghanistan. The ranger, Kim Peach, claimed that Sheehy actually shot himself on a family trip in Montana. Sheehy and his supporters dismissed Peach’s accusation as … Read more