The U.S. defense industry is emerging as one of the most resilient sectors for investors. Amid global instability and rising geopolitical tensions, American policymakers are displaying a unique commitment to military strength. The recent passage of President Trump’s “One Big Beautiful Bill”, a sweeping piece of legislation that pushes U.S. defense spending to historic highs,
It was Fort Gordon, then it was Fort Eisenhower, now it’s Fort Gordon again. But there are efforts to fight against that change at Augusta’s U.S. Army base along with the other recently renamed military installations. Who was Fort Gordon named after? Originally, Augusta’s Fort Gordon honored Lt. Gen. John Brown Gordon, one of Confederate
House members return to town this week to consider the fiscal 2026 Pentagon spending bill and crypto measures, while senators are staring at yet another vote-a-rama — this time on rescissions. While defense appropriations headlines the House’s week, the floor agenda is full even beyond that, with several significant financial services measures related to stablecoins
It began last year, when Milanese banking giant UniCredit angered Prime Minister Giorgia Meloni’s government by attempting to take over crosstown rival BPM, which Meloni had hoped to merge with the partially bailed-out Tuscan lender Monte dei Paschi di Siena. In response, Rome deployed screening tools known as the ‘golden power’ — whose purpose is
The scale of Germany’s ambitions to radically expand defense and infrastructure spending have raised thorny questions about how such spending can be reconciled with EU fiscal rules that Germany — previously a fiscal hawk — had long pushed for. Since March, however, Germany has led a concerted pushed for a loosening of those rules to
The Senate Banking Committee would shut off the Consumer Financial Protection Bureau’s funding stream from the Federal Reserve to provide the vast majority of deficit reduction in reconciliation provisions released Friday. The panel posted an eight-page text that would restrict the CFPB from requesting a transfer from the Fed, according to a section-by-section explanation of
Illustration: Uli Knörzer for Bloomberg Three years into Russia’s invasion, Sergii Marchenko is courting donors and reassuring investors to ensure his country can continue fighting. June 6, 2025 at 4:00 AM EDT What does it take to run the finances of a country at war? That question is at the heart of this week’s conversation
Adding to the confusion about the policy, Merz clarified Tuesday that the decision to lift restrictions on Ukraine’s use of Western-supplied long-range weapons had been made months ago. “The issue of limiting the range of deployed weapons played a role a few months and a few years ago. As far as I know, and as
“When somebody concentrates all power into their hands, then of course that person will be held responsible for their mistakes,” said one SPD politician, speaking on condition of anonymity to discuss internal party matters. In the past, Klingbeil could always blame the party’s failures on others — including Olaf Scholz’s unpopularity — said the parliamentarian.
The trip was canceled because funds were not available for their bus fare. The way it was planned, Alondra Viera would spend four days with her fellow JROTC cadets from Cocoa High School this weekend navigating unfamiliar woods with a compass, learning to shoot a bow and arrow and competing to see who knew the