Germany’s defense sector is growing as increasing geopolitical tensions have led to a surge in orders. The value of German military exports hit 13.2 billion euros ($15.5 billion) last year, according to preliminary figures — more than double 2020’s 5.82 billion euros . Defense stocks in the country have skyrocketed over the past year as…
Billionaire Wall Street titan Ken Griffin believes the full impact of tariffs on inflation have not been felt yet, and he only sees one more rate cut from the Federal Reserve this year. The founder and CEO of Citadel said Thursday only about half of the inflationary impact from President Donald Trump’s wide-spreading levies on…
A retirement plan for Cristiano Ronaldo has been teased as Saudi Pro League officials reportedly line up 50 big-name players to join CR7 in the Middle East before the day comes for him to hang up his boots. More high-profile additions, such as Mohamed Salah and Bruno Fernandes, will help the division to retain interest…
Jaque Silva | Nurphoto | Getty Images Venture capital firm Sequoia is joining Singapore’s GIC and U.S. investor Coatue in a funding round for Anthropic, which aims to raise $25 billion at a $350 billion valuation, the Financial Times reported on Sunday, citing sources familiar with the matter. Singapore’s sovereign wealth fund GIC, and Coatue…
New York Mayor Zohran Mamdani on Wednesday said the city’s wealthiest must pay more in taxes to help fill the staggering $12 billion budget deficit he was left by his predecessors. Mamdani, in an interview with CNBC’s Andrew Ross Sorkin at City Hall, said his administration will be up front with New Yorkers about budget…
Of the 10 full-time organizations in the INDYCAR Series, six have a different driver lineup for 2026. As the new meets the old, here’s a look at each organization’s 2026 lineup and outlook as an exciting new season embarks Sunday at St. Petersburg (Noon ET on FOX). Chip Ganassi Racing Four-time INDYCAR champion Alex Palou…
The NASCAR Cup Series heads to Bristol this weekend for the Bass Pro Shops Night Race — the first elimination race of the 2025 Cup playoffs. When it comes to the odds, bettors can dive into that action and place wagers on which driver they think has what it takes to win outright. Last weekend…
Brian Moynihan, Chairman and CEO of Bank of America, speaks with Economic Club of Washington Chair David Rubenstein at an event at the Ritz-Carlton on February 25, 2025 in Washington, DC. Anna Moneymaker | Getty Images Bank of America reported fourth-quarter earnings before the opening bell Wednesday. Here’s what the company reported compared with what…
The 2025 college football season is nearing the home stretch, and there’s still a lot to be determined when it comes to the playoff race. In one of the episodes of my podcast, “The Joel Klatt Show,” this week, I predicted what the 12-team College Football Playoff field will look like. Saturday could help determine…
The UConn Huskies and the South Carolina Gamecocks are the last two NCAA women’s basketball champions — and according to the odds, both teams are right back in the thick of it this season. With the Huskies’ win over the Gamecocks in last season’s title game, UConn ended a nine-year title drought, capturing its 12th…
