Monday, June 16, 2025
Market News Board | Market Analysis,Charts & News
No Result
View All Result
  • Home
  • Market Overview
    • Stock Market
    • Indices
    • ETFs
    • Forex Market
  • News
    • Economy News
    • Forex News
    • Cryptocurrency News
  • Economic Calendar
  • Commodities
    • All
    • Gold
    • Oil
    • Silver
    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Canada Economics Brief: Canadian PM Mark Carney To Meet U.S. President Donald Trump Inside Next Hour at G7 Summit in Alberta

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Cogent Communications Holdings Insider Sold Shares Worth $2,607,204, According to a Recent SEC Filing

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    P2 Gold Reports “Positive” Interim Metallurgical Results

    Air India chairman says crash should drive effort to build safer airline

    Air India chairman says crash should drive effort to build safer airline

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Erdogan, Putin agree diplomacy is needed to end Iran-Israel conflict, Turkey says

    ICE ordered to pause most raids on farms, hotels and restaurants

    ICE ordered to pause most raids on farms, hotels and restaurants

    Taiwan places Huawei and SMIC on its export control list

    Taiwan places Huawei and SMIC on its export control list

    Stocks rise, Middle East remains volatile

    Stocks rise, Middle East remains volatile

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Relx to Launch Further GBP175 Million Share Buyback Program

    • Gold
    • Oil
    • Silver
  • Analysis
  • Charts
  • Crypto
    • All
    • Bitcoin
    • Ethereum
    Analyst Sees Ethereum (ETH) Igniting 60% Rally Despite Dip, Says Final Major Resistance for Bitcoin (BTC) Getting Weaker

    Analyst Sees Ethereum (ETH) Igniting 60% Rally Despite Dip, Says Final Major Resistance for Bitcoin (BTC) Getting Weaker

    Pin‑Bar Buy Signal Propels BTC Near $110K

    Pin‑Bar Buy Signal Propels BTC Near $110K

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Canada Economics Brief: Canadian PM Mark Carney To Meet U.S. President Donald Trump Inside Next Hour at G7 Summit in Alberta

    Ethereum (ETH) Breaks Above $2,600 as Risk-On Mood Returns to Global Markets

    Ethereum (ETH) Breaks Above $2,600 as Risk-On Mood Returns to Global Markets

    Michael Saylor's Strategy buys another $1.05 billion of bitcoin

    Michael Saylor’s Strategy buys another $1.05 billion of bitcoin

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Cogent Communications Holdings Insider Sold Shares Worth $2,607,204, According to a Recent SEC Filing

    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Stellar
    • XRP
Market News Board
  • Home
  • Market Overview
    • Stock Market
    • Indices
    • ETFs
    • Forex Market
  • News
    • Economy News
    • Forex News
    • Cryptocurrency News
  • Economic Calendar
  • Commodities
    • All
    • Gold
    • Oil
    • Silver
    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Canada Economics Brief: Canadian PM Mark Carney To Meet U.S. President Donald Trump Inside Next Hour at G7 Summit in Alberta

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Cogent Communications Holdings Insider Sold Shares Worth $2,607,204, According to a Recent SEC Filing

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    P2 Gold Reports “Positive” Interim Metallurgical Results

    Air India chairman says crash should drive effort to build safer airline

    Air India chairman says crash should drive effort to build safer airline

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Erdogan, Putin agree diplomacy is needed to end Iran-Israel conflict, Turkey says

    ICE ordered to pause most raids on farms, hotels and restaurants

    ICE ordered to pause most raids on farms, hotels and restaurants

    Taiwan places Huawei and SMIC on its export control list

    Taiwan places Huawei and SMIC on its export control list

    Stocks rise, Middle East remains volatile

    Stocks rise, Middle East remains volatile

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Relx to Launch Further GBP175 Million Share Buyback Program

    • Gold
    • Oil
    • Silver
  • Analysis
  • Charts
  • Crypto
    • All
    • Bitcoin
    • Ethereum
    Analyst Sees Ethereum (ETH) Igniting 60% Rally Despite Dip, Says Final Major Resistance for Bitcoin (BTC) Getting Weaker

    Analyst Sees Ethereum (ETH) Igniting 60% Rally Despite Dip, Says Final Major Resistance for Bitcoin (BTC) Getting Weaker

    Pin‑Bar Buy Signal Propels BTC Near $110K

    Pin‑Bar Buy Signal Propels BTC Near $110K

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Canada Economics Brief: Canadian PM Mark Carney To Meet U.S. President Donald Trump Inside Next Hour at G7 Summit in Alberta

    Ethereum (ETH) Breaks Above $2,600 as Risk-On Mood Returns to Global Markets

    Ethereum (ETH) Breaks Above $2,600 as Risk-On Mood Returns to Global Markets

    Michael Saylor's Strategy buys another $1.05 billion of bitcoin

    Michael Saylor’s Strategy buys another $1.05 billion of bitcoin

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Cogent Communications Holdings Insider Sold Shares Worth $2,607,204, According to a Recent SEC Filing

    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Stellar
    • XRP
No Result
View All Result
Market News Board | Market Analysis,Charts & News
No Result
View All Result
Home Commodities

US nuclear force costs projected to soar to $946 billion through 2034, CBO says

by Market News Board
2 months ago
in Commodities, Crypto, Economy News, Gold, Market Overview, Oil, Silver
US nuclear force costs projected to soar to $946 billion through 2034, CBO says
Share on FacebookShare on TwitterShare on Pinterest

WASHINGTON (Reuters) – The costs of operating and modernizing America’s nuclear forces through 2034 are projected to soar to $946 billion, 25% higher than a 2023 estimate, a report by the non-partisan Congressional Budget Office said on Thursday.

The new projection, however, does not include an 81% cost overrun of the Sentinel, a new intercontinental ballistic missile being developed to replace the Minuteman III, the mainstay of the U.S.-based ICBM force, the report said.

Analysts said the massive increase in the costs of running and modernizing the world’s second biggest nuclear arsenal would complicate U.S. President Donald Trump’s pledge to boost the defense budget to $1 trillion in fiscal 2026.

Nuclear weapons expenditures are divided between the Pentagon and the Department of Energy, the caretaker of the U.S. arsenal.

“The costs of the existing nuclear modernization program are skyrocketing beyond all expectation, said Daryl Kimball, head of the Arms Control Association, an advocacy group.

The CBO warned that Congress will need to decide in coming years “what nuclear forces the United States should field in the future and therefore the extent to which the nation will modernize.”

Trump has yet to lay out his nuclear weapons strategy or name senior officials to oversee that strategy. Moreover, Washington and Moscow have not reopened arms control talks even as the last pact capping deployments of U.S. and Russian strategic forces expires in less than a year.

Trump in February said he opposed building new U.S. nuclear weapons and he deplored the high costs of maintaining the arsenal.

He also expressed an interest in negotiating an arms control pact with Moscow and Beijing, which is expanding a nuclear arsenal that is smaller than those of the U.S. and Russia.

The CBO said that current plans by the Pentagon and the Department of Energy to operate U.S. strategic and tactical nuclear forces and buy new bombers, submarines and ICBMs would cost an estimated $946 billion, or an average of $95 billion a year, through 2034.

The 2023 CBO projection was $756 billion over the 2023-2032 period, the report said.

The CBO attributed the difference to the higher costs of programs including developing and fielding the Sentinel ICBM, modernizing the Pentagon’s nuclear command, control, communications and early-warning systems and upgrading the DOE’s production facilities, the report said.

The new projection also is higher because it extends two more years beyond that of the previous estimate, it said.

(This story has been corrected to say ‘Minuteman III,’ instead of ‘Trident III,’ in paragraph 2)

(Reporting by Jonathan Landay; Editing by Don Durfee and Michael Perry)

By Jonathan Landay

Source link >

Related Posts

Dow Jones up today: US stock market today: Dow, S&P 500, and Nasdaq rebound as Israel-Iran tensions ease and investors eye Fed decision
Market Overview

Dow Jones up today: US stock market today: Dow, S&P 500, and Nasdaq rebound as Israel-Iran tensions ease and investors eye Fed decision

11 minutes ago
Analyst Sees Ethereum (ETH) Igniting 60% Rally Despite Dip, Says Final Major Resistance for Bitcoin (BTC) Getting Weaker
Crypto

Analyst Sees Ethereum (ETH) Igniting 60% Rally Despite Dip, Says Final Major Resistance for Bitcoin (BTC) Getting Weaker

14 minutes ago
Pin‑Bar Buy Signal Propels BTC Near $110K
Bitcoin

Pin‑Bar Buy Signal Propels BTC Near $110K

24 minutes ago
Next Post
Stock market still leery of Trump

Stock market still leery of Trump

Global X Debuts Three New ETFs On Cboe Canada, Including Bitcoin-Focused Income Funds

Global X Debuts Three New ETFs On Cboe Canada, Including Bitcoin-Focused Income Funds

Key Network Updates Driving Growth

Key Network Updates Driving Growth

Recent Posts

  • Dow Jones up today: US stock market today: Dow, S&P 500, and Nasdaq rebound as Israel-Iran tensions ease and investors eye Fed decision
  • Analyst Sees Ethereum (ETH) Igniting 60% Rally Despite Dip, Says Final Major Resistance for Bitcoin (BTC) Getting Weaker
  • Pin‑Bar Buy Signal Propels BTC Near $110K
  • Canada Economics Brief: Canadian PM Mark Carney To Meet U.S. President Donald Trump Inside Next Hour at G7 Summit in Alberta
  • Ethereum (ETH) Breaks Above $2,600 as Risk-On Mood Returns to Global Markets
Market News Board | Market Analysis,Charts & News

© 2025 - Market News Board

Navigate Site

  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Home
  • Market Overview
    • Stock Market
    • Indices
    • ETFs
    • Forex Market
  • News
    • Economy News
    • Forex News
    • Cryptocurrency News
  • Economic Calendar
  • Commodities
    • Gold
    • Oil
    • Silver
  • Analysis
  • Charts
  • Crypto
    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Stellar
    • XRP

© 2025 - Market News Board