Global Military Spending Hits All-Time High Of $2.4 Trillion By Tim Martin at BreakingDefense Global military expenditure surged to a record $2.44 trillion in 2023, the largest year-on-year rise on weapons spending since 2009, according to a new Stockholm International Peace Research Institute (SIPRI) report. The report, published today, said that the new figure is an “all time high,” equivalent to a 6.8 percent increase on spending in 2022 and marking the ninth consecutive...
The US remains the world’s largest defense spender, outlaying $916 billion last year, a 2.3 percent annual increase, ahead of China in second place, which spent an estimated $296 billion, a 6 percent increase over the same period.
When the economy is going well, people buy a lot on credit and keep current with their credit card debt.
The prices of precious metals continued their rally, with gold reaching a new all-time high, topping the $2,380 mark. Gold prices have climbed approximately 15.6% since the beginning of the year as i
Inflation has made the cost of just about everything in the U.S. more expensive — including retirement. A new study published by Northwestern Mutual found the “magic number” that Americans believe they need in order to retire comfortably hit $1.46 million this year, the highest level on record. The figure represents a nearly 15% jump […]
In a move aimed at alleviating the burden of student loan debt for millions of Americans, the Biden administration has announced another round of student loan forgiveness, totaling $7.4 billion. This latest announcement comes as part of President Biden’s ongoing efforts to address the issue of student debt in the United States. The decision follows […] The post Biden Administration Announces $7.4 Billion in Student Loan Forgiveness first appeared on The Source.
President Biden announced $7.4 billion in new student loan forgiveness days
The White House on Friday announced another round of student loan
A growing share of credit card accounts are past due on their payments. The Federal Reserve Bank of Philadelphia said in a Wednesday (April 10) press release that the share of accounts that were 30-plus days and 60-plus days past due in the fourth quarter of 2023 was the highest since the bank began reporting this data in […]
Global military spending reached a fresh record high in 2023, totaling $2.4 trillion, a report by the Stockholm International Peace Research Institute said.
The group says there were nearly 9,000 incidents of assault, harassment, and vandalism in 2023.
These high school students are taking control of their financial future, thanks to a credit union that’s operated by other students.