[ad_1] More than 9 million Americans could see “substantial declines” in their FICO scores in the coming months as delinquent student loans begin showing up on credit reports for the first time since the pandemic, according to a new analysis by the Federal Reserve Bank of New York. The report finds that over 15% of all student loan holders are likely now behind on debts, slightly more than before the
[ad_1] HUNTSVILLE, Ala. — While the U.S. Army has exquisite firepower with its expensive long-range precision fire systems, it also wants to amass cheap rockets to target drones or overwhelm an enemy.“If you’re familiar with the rocket pods we have for [guided multiple launch rocket systems], I would like to fill those rocket pods with 50 to 100 rockets,” Gen. James Rainey, Army Futures Command commander, said Tuesday at the
[ad_1] (Reuters) -Microsoft has abandoned data center projects set to use 2 gigawatts of electricity in the U.S. and Europe in the last six months due to an oversupply relative to its current demand forecast, TD Cowen analysts said on Wednesday. The tech giant's withdrawal from new capacity leasing was largely led by the decision not to support additional training workloads from ChatGPT maker OpenAI, the analysts led by Michael
[ad_1] March 26 - Nvidia (NASDAQ:NVDA) shares saw a decline on Wednesday morning, shedding about 4% after the news that China regulators pushed for stricter environmental standards. The country's National Development and Reform Commission (NDRC) wants companies to use chips that meet its new efficiency standards. Nvidia's H20 chip doesn't make the cut. Big names like Alibaba (NYSE:BABA), ByteDance, and Tencent (TCEHY) are advised to steer clear of these chips.
[ad_1] WIRED Senior Writer Kate Knibbs explains how the Trump administration's self-proclaimed "America First" policies are, in practice, anything but—particularly their effective destruction of the United States Agency for International Development (USAID). See why shuttering the operations of USAID will negatively impact the everyday lives of Americans. Director: Lisandro Perez-Rey Director of Photography: Constantine Economides Editor: Matthew Colby Host: Kate Knibbs Line Producer: Joseph Buscemi Associate Producer: Brandon White Production
[ad_1] An increase in UK defence spending is part of a "macho agenda of militarization" Northern Ireland's first minister has said.Michelle O'Neill was speaking after the chancellor used her Spring Statement to confirm an additional £2.2bn for the Ministry of Defence in the next financial year.Rachel Reeves said the additional spending was needed to "secure Britain's future in a world that is changing before our eyes".Deputy First Minister Emma Little-Pengelly
[ad_1] STORY: China's BYD has big ambitions according to their chairman this week. The electric vehicles giant aims to double its sales outside China to more than 800,000 cars this year. It will also try to overcome tariffs by assembling cars locally. BYD sold just over 417,000 units overseas last year. A transcript of his call showed chairman Wang Chuanfu said the automaker expects to see "a substantial rise" in
[ad_1] Kevin PeacheyCost of living correspondentGetty ImagesTalk of growth forecasts and self-imposed financial rules may feel very distant from you and your life, but the Spring Statement could affect both your job and your money.Here's what it could mean for you.1. Benefit changesIf you are on benefits, you could be directly affected. The sweeping changes to the benefits system, first announced a week ago, will see some people lose support
[ad_1] The UK economy is now predicted to grow at a much slower pace this year than previously expected, according to the government's official forecaster.Presenting her Spring Statement, Chancellor Rachel Reeves said the Office for Budget Responsibility (OBR) thinks the economy will now grow by 1% in 2025, down from its October prediction of 2%."I am not satisfied with these numbers," said Reeves, who has made growing the economy one
[ad_1] UK inflation fell in the year to February, driven by cheaper women's clothing. [ad_2] Source link
