The Pentagon is set to dramatically increase spending on stratospheric aerostats, which are now being touted as able to boost US capabilities against Chinese and Russian hypersonic missiles, Politico reported on Tuesday. The project, called Covert Long-Dwell Stratospheric Architecture (COLD STAR), was originally designed to spot drug traffickers. The Pentagon ...
Price spikes and the Fed’s aggressive interest rate hikes sent the benchmark S&P 500 stock index to its worst performance in the first half of the year since 1970. Consumer confidence has plummeted to record lows. And economists are increasingly concerned that a recession will not only happen but soon ...
