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US acknowledges for the first time that it has deployed weapons in spaceIn a significant development, the United States has confirmed the deployment of weapons in space as a defensive measure, aiming to counter ...
US military says it destroyed 2 small Iranian boats trying to steal a sea droneThe US military destroyed two Iranian boats attempting to seize a drone ship. This incident occurred in waters off Iran, escalating recent ...
Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO saysThe six-month U.S. war against Iran has cost $38 billion through August 1, with expenses projected to rise by $3 billion monthly, the Congr...
Karnataka CM DK Shivkumar says 'Donald Trump is copying us' as US president announces $5000 to every adult if Republicans win mid-termsKarnataka Chief Minister DK Shivakumar has compared US President Donald Trump’s proposed $5,000 payment to American adults with Congress’ w...
Tech CEOs call for AI regulation. Trump and Congress are not rushing to actPresident Donald Trump is leading the opposition to recent calls by tech leaders seeking greater government oversight, including Anthropic'...
Trump’s $5,000 dividend check: What we know about the promised payment, its $1.2 trillion cost and who would qualifyDonald Trump has proposed a $5,000 payment to each adult citizen if Republicans secure victory in Congress. This ambitious plan, estimated ...
Trump’s second-term policies put US finances under growing strain as debt tops $40 trillionDuring President Trump's presidency, the national debt of the U.S. has ballooned to over forty trillion dollars. Federal expenditures are o...
Trump pledged fiscal restraint. Instead, debt tops $40 trillion as borrowing costs riseUS debt: While voters may not focus on the issue until the country's fiscal problems translate into benefit cuts or tax hikes, the fallout ...
Fed Chair Warsh sees global investment surge replacing savings glutFed Chair Kevin Warsh told G20 finance leaders that the global economy may be shifting from a savings glut toward an investment boom, drive...
Global Market Today: Asian stocks dip with AI in focus, oil declinesMSCI’s Asia Pacific equities gauge dipped 0.1%, with the Kospi Index in South Korea — a bellwether for AI investments — falling 1.2%. Howev...
Stars and Stripes publisher to retire, citing differences with Pentagon leadershipStars and Stripes publisher Max Lederer Jr. announced his retirement, citing differing philosophies with Pentagon leadership. This move fol...
US debt crosses $40 trillion threshold after doubling under Trump and BidenUnited States debt has now exceeded forty trillion dollars for the first time. This significant increase occurred during the presidencies o...
In 2025, Trump administration made shocking decisions for CDC but U.S. Federal Health Agency has new headache of 'zombie programs'. All you may want to knowIn January, Congress passed an appropriations bill, which became law, that specified funding for more than 200 projects and activities.
US deficit reaches $1.8 trillion in first 10 months of fiscal 2026US federal budget deficit hit a record $432 billion in July, taking the fiscal 2026 shortfall to $1.799 trillion in the first 10 months. Hi...
Trump administration admits grants for clean energy were cancelled based on politicsThe Trump administration admitted cancelling grants based on state political identity. This action targeted sixteen states which had voted ...
Too many trucks, too many zeros: Army audit drive exposes flaws as Pentagon nears 2028 goalThe Pentagon aims for its first clean financial audit by 2028. New systems are uncovering numerous data entry errors in financial records. ...
Lindsey Graham dies at 71: What we know about the pivotal Republican senator and Trump critic-turned-ally's cause of deathUS Senator Lindsey Graham has died at the age of 71. He passed away at his home. Graham was a key Republican ally of Donald Trump. He was n...
US economy shrank at 5 per cent annual rate in Q1It was the biggest quarterly decline since an 8.4 per cent fall in the fourth quarter of 2008 during the depths of the financial crisis.
Rising rates and deficits like suicide mission’The soaring US budget deficit at a time interest rates are increasing may be setting the stage for fiscal trouble, according to Jeffrey Gun...
- US budget deficit to hit $1.5 trillion
A new estimate predicts the U.S. budget deficit will hit almost $1.5 trillion this year, a stunning new record.