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Trump wants to add nearly $7 trillion to the $39 trillion national debt with his new military budget, watchdog warns

Trump’s proposal would be “by far the largest year-over-year increase in defense spending in the post-WWII era,” the CRFB said.

By Nick LichtenbergApril 2, 2026
paul krugman
Paul Krugman smacks down Trump speech with argument that $4 gas is ‘less than half’ of the Hormuz hit. Here’s what he’s talking about
By Jake AngeloApril 2, 2026
picture of the word "solana"
Latest crypto hack sees thieves make off with $280 million from Solana DeFi platform Drift
By Carlos GarciaApril 2, 2026
A woman looks concerned as she fills up at a gas station
The Iran war is effectively ‘a tax’ on U.S. households that could accelerate the economy’s widening K shape, Moody’s says
By Tristan BoveApril 2, 2026
Workers on the production line of solar panels in China
After renewable power’s record-smashing 2025, the Iran war could accelerate the shift as countries seek ‘structurally more resilient’ energy, UN says
By Tristan BoveApril 2, 2026
Traders signal offers in the S&P options trading pit at the Cboe Global Markets exchange on March 31, 2026 in Chicago, Illinois.
Markets rally hard on Iran’s promise to play nice in Hormuz as its leaders pocket billions from the disruption
By Eva RoytburgApril 2, 2026
Latest Stories
With an IPO on the horizon, OpenAI needs to own the narrative. Solution? Buy a tech talk show
NewslettersWith an IPO on the horizon, OpenAI needs to own the narrative. Solution? Buy a tech talk show
By Alexei OreskovicApril 3, 2026
electrical engineer
NewslettersLeaders push for a ‘Manhattan Project’ and public-private solutions around AI and labor
By Diane BradyApril 3, 2026
Today’s top high-yield savings rates: Up to 5.00% on April 3, 2026
Personal FinanceToday’s top high-yield savings rates: Up to 5.00% on April 3, 2026
By Glen Luke FlanaganApril 3, 2026
Top CD rates today, April 3, 2026: Lock in up to up to 4.20%
Personal FinanceTop CD rates today, April 3, 2026: Lock in up to up to 4.20%
By Glen Luke FlanaganApril 3, 2026
Photo of Sundar Pichai
InnovationGoogle CEO Sundar Pichai says we’re just a decade away from a new normal of extraterrestrial data centers
By Sasha RogelbergApril 3, 2026
Businesswoman reading a book on private jet while drinking champagne
SuccessThe world’s wealthiest families adopt these 7 key habits for success, according to JPMorgan
By Preston ForeApril 3, 2026
What it takes to retire comfortably in America: Nearly $1.5 million, Northwestern Mutual says
Personal FinanceWhat it takes to retire comfortably in America: Nearly $1.5 million, Northwestern Mutual says
By Sydney LakeApril 3, 2026
Cyprus and Ireland top list of best places to retire—as boomers are forced to ‘unretire’, the only real solution is to move abroad
SuccessCyprus and Ireland top list of best places to retire—as boomers are forced to ‘unretire’, the only real solution is to move abroad
By Orianna Rosa RoyleApril 3, 2026
More EconomyPage 88 of 100
Trump wants Congress to kill ‘inconvenient’ Daylight Saving Time—and he’s not alone
PoliticsTrump wants Congress to kill ‘inconvenient’ Daylight Saving Time—and he’s not alone
By The Associated Press and Michelle S. PriceApril 11, 2025
  • U.S. Secretary of Treasury Scott Bessent and U.S. President Donald Trump look on during The White House Digital Assets Summit in the State Dining Room of the White House on March 07, 2025 in Washington, DC.
    PoliticsMarkets will keep tanking until Trump tells them what it is he actually wants, Treasury’s Bessent reportedly tells president
    By Christiaan HetznerApril 8, 2025
Ray Dalio says a recession is likely—but not a normal one: ‘We are changing the monetary order’
FinanceRay Dalio says a recession is likely—but not a normal one: ‘We are changing the monetary order’
By Alena BotrosApril 11, 2025
Volatility continues to drive trading on Wall Street as stocks fluctuate on Friday
FinanceVolatility continues to drive trading on Wall Street as stocks fluctuate on Friday
By Chris MorrisApril 11, 2025
Former Treasury Secretary Larry Summers
FinanceTop economist Larry Summers: U.S. Treasuries were trading ‘like those of an emerging market nation’
By Shawn TullyApril 11, 2025
Federal Reserve Chairman Jerome Powell
FinanceTrump is once again pushing for a rate cut. FOMC members are building a credibility barricade around Jerome Powell
By Eleanor PringleApril 11, 2025
A sad, worried woman sits on a couch looking at papers and her computer.
LeadershipGen Z workers are freaking out about a potential recession and it’s decimating their confidence
By Sara BraunApril 10, 2025
  • Donald Trump and Elon Musk
    PoliticsCracks are beginning to show in the Musk-Trump partnership after the Tesla CEO reportedly appealed to White House on tariffs
    By Eleanor PringleApril 8, 2025
‘Bond King’ Bill Gross warns Gen Z and millennials will be the biggest losers from tariff-fueled market swings that rely on whether Trump ‘had a good night’s sleep’
Finance‘Bond King’ Bill Gross warns Gen Z and millennials will be the biggest losers from tariff-fueled market swings that rely on whether Trump ‘had a good night’s sleep’
By Alena BotrosApril 10, 2025
Steve Jobs presenting
SuccessApple’s Steve Jobs dealt with the 2008 financial crisis by investing his way through the downturn, instead of slashing jobs and budgets—2 years later the iconic iPad was launched
By Preston ForeApril 10, 2025
Inflation cooled last month, but ‘don’t get used to it’: Trump’s tariffs may drive prices even higher, economists warn
FinanceInflation cooled last month, but ‘don’t get used to it’: Trump’s tariffs may drive prices even higher, economists warn
By Christopher Rugaber and The Associated PressApril 10, 2025
U.S. President Donald Trump answers a reporters question during a meeting with Israeli Prime Minister Benjamin in the Oval Office of the White House on April 7, 2025 in Washington, DC.
PoliticsAOC and Elizabeth Warren demand answers on ‘insider trading’ and ‘market manipulation’ allegations after Trump’s tariff U-turn sparks stock surge
By Christiaan HetznerApril 10, 2025
President Donald Trump at the White House on April 09, 2025 in Washington, DC.
Politics‘Nobody’s ever heard of it. It’s gonna be a record’: Donald Trump is claiming victory for the stock market’s rebound
By Eleanor PringleApril 10, 2025
  • GOP Senator wonders if tariff ‘medicine will be worse than the disease’—‘This is President Trump’s economy now’
    FinanceGOP Senator wonders if tariff ‘medicine will be worse than the disease’—‘This is President Trump’s economy now’
    By Chris Megerian, Josh Boak and The Associated PressApril 8, 2025
Russian President Vladimir Putin seen while visiting a military base of nuclear fleet, March 26, 2025, in Murmansk, Russia. Putin is having a one-day trip to Murmansk.
FinanceRussian economy grows at slowest pace in 2 years—a plunge in oil prices could make things much worse
By Ryan HoggApril 10, 2025
Traders work on the floor of the New York Stock Exchange
FinanceEvery single portfolio manager is now trying to figure out how long the roller coaster will last
By Amanda GerutApril 9, 2025
Why bond yields, not crashing stocks, were the ‘pain point’ that finally got Trump to pause tariffs
FinanceWhy bond yields, not crashing stocks, were the ‘pain point’ that finally got Trump to pause tariffs
By Shawn TullyApril 9, 2025
IRS to lose billions in revenue if migrants stop filing taxes
FinanceIRS to lose billions in revenue if migrants stop filing taxes
By Augusta Saraiva and BloombergApril 9, 2025
Fed minutes show worries over stagflation boogeyman ahead of Trump’s tariffs
FinanceFed minutes show worries over stagflation boogeyman ahead of Trump’s tariffs
By Christopher Rugaber and The Associated PressApril 9, 2025
Jerome Powell’s Federal Reserve might be ‘one of the unluckiest’ ever, Mohamed El-Erian says, but the central bank has no margin for error right now 
FinanceJerome Powell’s Federal Reserve might be ‘one of the unluckiest’ ever, Mohamed El-Erian says, but the central bank has no margin for error right now 
By Alena BotrosApril 9, 2025
JPMorgan CEO Jamie Dimon
FinanceJamie Dimon eyes a ‘likely’ recession, unless the Trump administration turns tariffs into trade deals: ‘That’s the best thing they can do’
By Paolo ConfinoApril 9, 2025
Amazon cancels some inventory orders from China after tariffs
FinanceAmazon cancels some inventory orders from China after tariffs
By Spencer Soper and BloombergApril 9, 2025
Walmart preps for turbulence, to take hit to keep prices low
FinanceWalmart preps for turbulence, to take hit to keep prices low
By Jaewon Kang and BloombergApril 9, 2025
Cathie Wood, Founder and CEO, Ark Invest, speaks during the second day of the FII PRIORITY Summit held at the Faena Hotel on February 20, 2025 in Miami Beach, Florida.
FinanceCathie Wood raises fears there are ‘serious liquidity issues in the U.S. banking system’ as Trump tariffs hit
By Christiaan HetznerApril 9, 2025
Ed Bastian
FinanceDelta CEO warns Trump tariffs are already threatening the $300 billion revenge travel market: ‘We’re acting as if we’re going into a recession’
By Ashley LutzApril 9, 2025
How China is trying to ‘tariff-proof’ its economy as the trade war with U.S. heats up
FinanceHow China is trying to ‘tariff-proof’ its economy as the trade war with U.S. heats up
By Mary Yang, Luna Lin and AFPApril 9, 2025
L-R: Peter Navarro, a Trump trade advisor, and Elon Musk, Tesla CEO and DOGE boss.
PoliticsMusk says Trump top tariff advisor is a ‘moron.’ The White House says it won’t interfere: ‘Boys will be boys’ 
By Eleanor PringleApril 9, 2025
Trump began to overturn the global economic order at a moment when the U.S. was dominating it
FinanceTrump began to overturn the global economic order at a moment when the U.S. was dominating it
By Paul Wiseman and The Associated PressApril 9, 2025
Dave Portnoy estimates he’s lost $20 million after the Trump tariff-fueled stock market ‘bloodbath’ 
FinanceDave Portnoy estimates he’s lost $20 million after the Trump tariff-fueled stock market ‘bloodbath’ 
By The Associated Press and Meg KinnardApril 8, 2025
Summers warns U.S. likely headed to recession, 2 million jobless
FinanceSummers warns U.S. likely headed to recession, 2 million jobless
By Christopher Anstey and BloombergApril 8, 2025
More Americans are stressed about their finances, and it has dangerous consequences for health and IQ
LifeMore Americans are stressed about their finances, and it has dangerous consequences for health and IQ
By Alexa MikhailApril 8, 2025
Treasury Secretary Scott Bessent says negotiations over tariffs are happening, and about 70 countries have called the White House since ‘Liberation Day’ to talk trade
FinanceTreasury Secretary Scott Bessent says negotiations over tariffs are happening, and about 70 countries have called the White House since ‘Liberation Day’ to talk trade
By Alena BotrosApril 8, 2025
The Ha'penny Bridge is a pedestrian bridge built in 1816 over the River Liffey in Dublin, Ireland.
FinanceCould Trump tariffs solve Ireland’s housing crisis?
By Ryan HoggApril 8, 2025
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Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech townsplaceholder alt text
By Fortune EditorsApril 2, 2026
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Major 4-day workweek study suggests that when we work 5 days we spend one doing basically nothingplaceholder alt text
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