Hungary has secured a large sum from the European Union that could help lift its economy. The money will arrive in late 2026 and is expected to reduce the country’s debt and borrowing costs. Finance Minister Andras Karman said the new government will revise the 2026 budget to make it more realisti
Transocean is set to acquire the offshore drilling firm Valaris for about $5. 8 billion, a deal that will expand the combined company’s fleet to 73 rigs worldwide. The purchase comes at a time when oilfield services are looking for ways to cope with tighter budgets and higher operating costs. The t
AMC Entertainment has made a significant move to improve its financial standing. The company has managed to cut down its debt by nearly $40 million. This reduction is part of a larger plan to reorganize its finances, which was put into action earlier this year. What's interesting here is that AMC a
The political scene in the US is heating up as some Republicans in the Senate are pushing back against the president's spending plans. They want to see serious cuts to government spending and a reduction in the national debt. If they don't get what they want, they're threatening to block a major tax
As 2024 wraps up, it's time to think about your money plans for the new year. Experts say it's crucial to check where you stand financially before setting goals. Ashley Lapato from YNAB suggests changing how you think about money. Instead of seeing it as a chore, imagine how it can improve your futu
As 2024 winds down, it's time to think about your financial goals for the new year. Experts say to start by looking at your finances in 2024 and setting specific, realistic goals. Courtney Alev from Credit Karma suggests that a new year is a chance to see finances with fresh eyes. Ashley Lapato, fro
Diamond Sports Group, owners of regional sports networks, has gotten the green light to emerge from bankruptcy. This happened at a recent hearing in US Bankruptcy Court in Houston. The company entered Chapter 11 in March 2023 with a massive debt of $8. 67 billion. Now, they are leaving with much les
