Army Corps of Engineers pausing  billion in projects over shutdown: Vought

Army Corps of Engineers pausing $11 billion in projects over shutdown: Vought

Russ Vought, Director of the US Office of Management and Budget (OMB), speaks at the National Conservative Convention in Washington D.C., Sept. 3, 2025. Dominic Gwinn | Afp | Getty Images The U.S. Army Corps of Engineers will immediately pause, and consider canceling, over $11 billion in projects due to the government shutdown, Trump administration…

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How a string of bad loans has bank investors hunting for hidden risks

How a string of bad loans has bank investors hunting for hidden risks

Signage outside Western Alliance Bank headquarters in Phoenix, Arizona, March 13, 2023. Caitlin O’Hara | Bloomberg | Getty Images Big banks including JPMorgan Chase and Goldman Sachs had just finished taking victory laps after a blockbuster quarter when concerns emerged from an obscure corner of Wall Street, sending a collective shiver through global finance. Regional…

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These companies are reporting earnings next week and have momentum on their side

These companies are reporting earnings next week and have momentum on their side

Gold miner Newmont and artificial intelligence hardware supplier Amphenol are among the companies reporting quarterly results next week with momentum on their side. The third-quarter earnings season is off to a strong start, with results from major banks earlier this week helping lift the market even amid recent volatility tied to macroeconomic concerns and credit…

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Kremlin pitches Musk on ‘Putin-Trump’ tunnel from Russia to Alaska

Kremlin pitches Musk on ‘Putin-Trump’ tunnel from Russia to Alaska

Graphic of the proposed project, after a Kremlin envoy suggested the United States should build a “Putin-Trump” rail tunnel under the Bering Strait to link the two countries, unlock joint exploration of natural resources and “symbolize unity,” in this illustration picture obtained from social media. Kirill Dmitriev/@kadmitriev Via | Kirill Dmitriev Via Reuters An investment…

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