Tag: software development

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EU Considers Joint Financing for Enhanced Defense Capabilities

The European Union is considering increasing defense spending, with options including joint financing, as the Ukraine crisis highlights the need for a stronger European defense.

The Future of Low-Cost Airlines: Is the Model Evaporating?

The low-cost airline business model is eroding as costs soar, competition increases, and passengers seek more amenities and space. Will mergers or new strategies save the sector?

Americans More Than $18 Trillion in Debt: It's Not Just the Holidays

Delinquency rates surge for auto loans and credit cards as Americans struggle with high interest rates and long loan terms, leading to increased financial stress and reliance on credit counselors.

Low-Cost Airlines: A Fading Business Model

The future of low-cost airlines is uncertain as costs rise and passengers opt for more comfortable seats and upgrades. Spirit Airlines has rejected an acquisition proposal from Frontier, and the low-cost carrier model is slowly unraveling.

The High Cost of Young Adulthood: How Gen Z Is Struggling to Afford Their Dreams

Life is becoming more expensive than many young people expected. Some young people are being priced out of the lives they imagined for themselves. Now, Gen Zers are struggling to afford buying a home or having kids. Learn more ways young people can take steps to achieve their dreams, says an Experian executive.

Elon Musk Says 'Earth's Smartest AI' Chatbot Will Debut Monday

Introducing the Grok 3 chatbot, the "smartest AI on Earth," as proclaimed by Elon Musk. Witness the live demo on Monday and discover its impressive language capabilities and logical reasoning.

US Stocks Close Mixed as Nasdaq 100 Reaches Record High amid Retail Sales Drop

US stocks closed mixed on Friday, with the Nasdaq 100 (^NDX) notching a record high to cap a busy week of tariff hikes, inflation updates, and retail sales data that fell short of expectations. The S&P 500 (^GSPC) dipped slightly while the Nasdaq Composite (^IXIC) rose 0.4% to close out its best week of 2025. Both indexes gained for a third consecutive week. Meanwhile, the Dow Jones Industrial Average (^DJI) fell 0.3%, following Thursday's sharp gains.

Chevron Plans Increased Venezuelan Oil Exports as US Concerns Ease

Chevron plans to boost oil exports from Venezuela to a seven-year high after the US eases concerns of increased trade restrictions. This move comes as Venezuela's oil industry slowly recovers, benefiting President Nicolas Maduro. Chevron's operations are limited by sanctions but have been bolstered by securing electricity supply and replacing equipment.

Xiaomi EV Success Drives Stock Surge in Hong Kong

Xiaomi's Hong Kong-listed stock has surged 31% this year and 255% over the past 12 months, as investors plug into its ambitious EV plans.

Nvidia's Portfolio Changes: WRD Soars, SERV and ARM Sink

Nvidia's latest equity holdings shake up the market: WeRide surges, Serve Robotics plunges