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Younger Amex Cardholders Have Better FICO Scores, CEO Says

Younger American Express credit card holders are bucking industrywide trends regarding fiscal responsibility, said Amex CEO Stephen Squeri.Squeri said during an earnings call on Thursday, in which the company surpassed Wall Street expectations, that millennial and Gen Z customers are “performing significantly better, both from a FICO perspective and from a…

How a Ukrainian Walkie-Talkie Maker Caught the Attention of the US Military

The Ukrainian defense tech industry has boomed in recent years.From drone and robotics makers to electronic warfare system providers, Ukrainian innovation has been on full display since Russia launched its full-scale invasion of the country in February 2022.One company to have sprung up since the conflict began is Himera, which makes electronic warfare-resistant walkie-talkies.Its products include the G1 Pro — a tactical handheld radio — and the B1 repeater, which extends communication ranges.Despite only having…

Finance news

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AI Means Militaries Must Focus on Fooling an Enemy Rather Than Hiding

Deception operations are the ultimate mind games of war. Manipulating enemy commanders into expecting an attack at the wrong place, or tricking them into underestimating your strength can be far more powerful than tanks or bombs.But what if the enemy is enhanced by a thinking computer?Successful operations must now fool…

Business

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Wildfire victims frustrated with FAIR Plan

Total insured losses from the Southern California wildfires earlier this year are estimated to be as high as $45 billion. People in the Pacific Palisades are frustrated, as they try to recover physically and mentally from January’s devastating wildfires.That’s especially true for some families forced onto the California FAIR Plan as…

Markets

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Why a Medal of Honor Marine Reenlisted After Over a Decade Out

The Marine Corps Medal of Honor recipient Dakota Meyer reenlisted on Thursday, returning to duty 15 years after he received the nation’s highest honor for valor.It immediately raises the question: why?Meyer, now 36 years old, said in a statement he felt called to return to military service, this time to…

Investing

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Uncertainties Are Churning U.S. Stock Market Outlooks

Wall Street traders are enjoying the stock market’s trend-less turmoil. Everyone else, not so much. The ever-changing news reports whirl stock market outlooks about, thereby keeping investors unsure and concerned. Beneath the stock market volatility are multiple uncertainties. U.S. stock market uncertainty Beyond “normal” risks, conditions are unstable due to…