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US MILITARY SPENDING IMPACT
US construction spending inches up in May, but homebuilding weakIn May, US construction spending edged up by a mere 0.1%, influenced by increased mortgage rates partly due to tensions in the Middle East....- Iran rejects US-led Gulf security summit, says Hormuz is under its commandIran has sharply criticized a US-led security summit in Bahrain, asserting that the Strait of Hormuz falls under Tehran's command, not Amer...
- Wipro shares could crash 17% on Thursday if ADR is an indicator. What’s worrying investors?Wipro shares are poised for a significant drop following a steep decline in its ADRs, fueled by investor worries about future earnings and ...
- Mortgage refinance rates today: Check current mortgage interest rates for 30-year, 20-year, 15-year, 10-yearMortgage interest rates today: It averaged 6.49 per cent last week. Spending on multi-family housing units, which account for a small share...
- The secret lives of Ukraine's deep-strike drone teamUkrainian soldiers conducting daring long-range drone attacks on Russia operate in extreme secrecy, living lives shrouded in anonymity. The...
- How Pete Hegseth is destroying the Pentagon: Critics cite leadership purges, falling morale, and loyalty-driven decisionsUS Defense Secretary Pete Hegseth faces intense scrutiny over allegations of damaging military morale and sidelining expertise. Critics cla...
- Nifty IT hits fresh 52-week low as Infosys, TCS, Wipro & others tumble up to 3%. What's spooking investors?The Nifty IT index fell more than 2% to a fresh 52-week low on Tuesday as persistent inflation concerns and uncertainty over the US Federal...
- How NATO will try to keep Trump happy at Ankara summitUS President Donald Trump is set to attend a NATO summit in Ankara, aiming to appease him after his criticism of allies' response to his Ir...
- Hormuz oil transits continue though attacks make owners waryVessel traffic through the Strait of Hormuz saw a dip as some shipping companies expressed reduced confidence following weekend attacks on ...
- China places 20 Japanese entities on export control list for dual-use itemsChina has placed 20 Japanese firms, including subsidiaries of Mitsubishi and Fujitsu, under export controls for dual-use items. Beijing cit...
- Strait of Hormuz open or close, Iran-US deal to collapse anytime? Tehran strikes against vital American bases in Kuwait, Bahrain, U. S attack multiple Iranian military targetsStrait of Hormuz: Iran has been insisting on controlling passage through the vital strait, through which a fifth of the world's oil and liq...
- Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
- US-Iran war: UKMTO says ship hit by projectile within Strait of HormuzUS-Iran war news: A tanker in the Strait of Hormuz reported being struck by an "unidentified projectile," according to the UKMTO. This inci...
- UAE says false public warning caused by technical malfunctionResidents in the UAE received erroneous missile threat alerts due to a technical glitch in the early warning system. The National Emergency...
- Global Market: US revises 2026 first-quarter GDP growth up to 2.1%The US economy showed stronger growth than initially thought in the first quarter, reaching an annual rate of 2.1 percent. This upward revi...
- US inflation tops 4% for first time in three years, keeping Fed hike in playUS inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...
- US inflation tops 4% for first time in three years, boosts Fed hike betsUS inflation surged past 4.0% in May, driven by Middle East conflict-fueled energy prices, marking the highest increase in three years. Thi...
- US defence firm Anduril in talks for Nissan plant to build drones in Japan, sources sayUS defense firm Anduril Industries is reportedly in talks to acquire Nissan's Oppama assembly plant near Tokyo, aiming to produce military ...
- Iran war actual cost: How much fund Donald Trump's U.S. is spending in conflict against Tehran? Amount will shock AmericansIran war comes with a high cost for President Donald Trump and the U.S. As experts still trying to gauge the actual cost of the Iran war.
- Pentagon tells US lawmakers it needs $80 billion for Iran war and other bills, WSJ reportsThe US Defense Department requires eighty billion dollars to cover expenses from the Iran war and other non-war related bills. A larger fun...
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