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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
messi
Apollo and FC Barcelona just proved legacy markets are losing their grip on business
By Mike SimasApril 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
Image showing multiple computer screens with code.
Mercor, a $10 billion AI startup that works with companies including OpenAI and Anthropic, confirms major data breach
By Beatrice NolanApril 2, 2026
Trump at podium with bondi watching
Trump ousts Pam Bondi as attorney general
By The Associated Press, Alanna Durkin Richer, Eric Tucker, Michael Balsamo and Michelle L. PriceApril 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 PoliticsPage 10 of 100
U.S. President Donald Trump speaks to the Republican Members Issues Conference at Trump National Doral Miami on March 9, 2026 in Doral, Florida.
EconomyIt’s thanks to Social Security wealth inequality isn’t even worse, Wharton economist says. Trump’s policies will push it to insolvency in 6 years
By Tristan BoveMarch 11, 2026
  • trump
    EconomyHow Trump created a ‘nightmare scenario’ for the world economy
    By Paul Wiseman and The Associated PressMarch 10, 2026
trump
CommentaryThere’s one particular way the Iran War is different from all the others in American history
By Charles Walldorf and The ConversationMarch 11, 2026
U.S. President Donald Trump speaks to the Republican Members Issues Conference at Trump National Doral Miami on March 9, 2026 in Doral, Florida.
EnergyThe fog of war is coming from inside the White House—and it cost oil markets $84 million in 10 minutes
By Eva RoytburgMarch 11, 2026
strait
Middle EastThe Strait of Hormuz isn’t totally closed. Meet the ‘shadow fleet’
By Charles Edward Gehrke and The ConversationMarch 11, 2026
FILE - Fishermen work in front of oil tankers south of the Strait of Hormuz Jan. 19, 2012, offshore the town of Ras Al Khaimah in United Arab Emirates. (AP Photo/Kamran Jebreili, File)
EnergyThe IEA is releasing a record 400 million barrels of emergency oil. It may not be enough
By The Associated Press, Samuel Petrequin and Kirsten GrieshaberMarch 11, 2026
data centers
PoliticsVirginia’s starting to question whether its giant tax breaks for data centers are such a good idea
By Olivia Diaz, Marc Levy and The Associated PressMarch 11, 2026
  • gas
    EnergyYour grocery bill, gas tank, and heating bill are all about to get more expensive — blame an open-ended war
    By Cathy Bussewitz, Mae Anderson, Chris Rugaber and The Associated PressMarch 10, 2026
Iran’s new supreme leader may have been wounded at the start of the war, Israeli intelligence says
PoliticsIran’s new supreme leader may have been wounded at the start of the war, Israeli intelligence says
By The Associated Press, Jon Gambrell and David RisingMarch 11, 2026
trump
PoliticsRepublicans want Trump focused on affordability, but his mind is on voter suppression
By Steven Sloan and The Associated PressMarch 11, 2026
trump
EnergyIran gloats about hitting Trump where it hurts: ‘Just look at the state of the global economy and energy markets — it has been very painful for them’
By Jon Gambrell and The Associated PressMarch 11, 2026
trump
PoliticsAmericans’ opinions on the Iran War: polarized, except on the issue of whether to escalate
By Linley Sanders and The Associated PressMarch 11, 2026
trump
PoliticsTrump’s flip-flopping gives juice to critics who say he just didn’t have a plan for the Iran War
By Aamer Madhani and The Associated PressMarch 11, 2026
  • trump
    PoliticsTrump calls war in Iran ‘a little excursion … to get rid of some evil,’ predicting end to hostilities soon
    By Jon Gambrell, Will Weissert, Samy Magdy and The Associated PressMarch 10, 2026
strait
EnergyUnderstanding Iran’s Strait of Hormuz, and why Europe may be facing a Ukraine-like energy crisis again
By Jon Gambrell, Mae Anderson and The Associated PressMarch 11, 2026
iran
EnergyAmerica says it’s destroying mine-laying Iranian ships as Trump denies that Iran has mined the Strait of Hormuz
By Jon Gambrell, Julie Watson, Samy Magdy and The Associated PressMarch 11, 2026
iran
PoliticsIran targets Dubai airport, commercial ships across the Gulf as war widens
By Jon Gambrell, David Rising and The Associated PressMarch 11, 2026
trump
EnergyTrump has to choose between ‘suicidal or dangerous’ choices on Iran’s Strait of Hormuz
By John Leicester and The Associated PressMarch 11, 2026
Photo: A man walks near a banner displayed at Valiasr Square in central Tehran on March 10, 2026, depicting Iran's late supreme leader Ayatollah Ruhollah Khomeini (L) watching as his successor the late Ayatollah Ali Khamenei (C) hands over a national flag to his son and new supreme leader Mojtaba Khamenei (R). Iran marked the appointment of Ayatollah Mojtaba Khamenei to replace his father as its supreme leader with a new barrage of missiles against Israel and the Gulf states on March 9, as the Middle East war sent oil prices soaring. (Photo by AFP) / Attention editors: AFP covers the war in the Middle East through its extensive regional network, including bureaus in Tehran, Jerusalem, and several neighboring countries. Since the start of the conflict, journalists have been working under increasingly restrictive conditions. Authorities in several countries have limited reporters' movements, photo and live video coverage from sensitive locations. Some governments and armed groups have banned images of missile or drone strikes and other security-related sites. /
PoliticsIran’s new supreme leader is injured but reportedly ‘safe’ as traders sour on war exit strategy
By Jim EdwardsMarch 11, 2026
Beijing’s dominance in rare earth processing leaves others scrambling to close the gap: ‘China is the leader, and the U.S. is far behind’
AsiaBeijing’s dominance in rare earth processing leaves others scrambling to close the gap: ‘China is the leader, and the U.S. is far behind’
By Angelica AngMarch 11, 2026
Trump’s Iran war is costing American taxpayers $1 billion a day as the national debt spirals out of control
EconomyTrump’s Iran war is costing American taxpayers $1 billion a day as the national debt spirals out of control
By Shawn TullyMarch 11, 2026
trump
Middle EastHow the Iran War is related to the real winner of the Iraq War 20 years ago
By Farah N. Jan and The ConversationMarch 10, 2026
trump
EconomyTrump’s economy was already exploding the national debt before his $1 billion-a-day war in Iran. Analysts warn about what comes next
By Nick LichtenbergMarch 10, 2026
Washington state wants to keep employers from microchipping workers, before anyone even gets the idea
PoliticsWashington state wants to keep employers from microchipping workers, before anyone even gets the idea
By Catherina GioinoMarch 10, 2026
Photo of Jeff Dean
AIGoogle and OpenAI employees back Anthropic in a legal fight that could redefine military use of AI
By Beatrice NolanMarch 10, 2026
Photo of Stephen Miller
EconomyTrump’s immigration crackdown is backfiring by hurting the U.S.-born workers it was meant to help, data shows
By Sasha RogelbergMarch 10, 2026
trump
LawVoting tech firm Smartmatic seeks to dismiss money laundering charge as part of Trump’s ‘campaign of retribution’ after 2020 election loss
By The Associated Press and Joshua GoodmanMarch 10, 2026
‘It’s so impossible to live with’: Former Goldman Sachs CEO Blankfein says the Iran war won’t last long
Middle East‘It’s so impossible to live with’: Former Goldman Sachs CEO Blankfein says the Iran war won’t last long
By Marco Quiroz-GutierrezMarch 10, 2026
Trump fires NTSB member who calls it a ‘political hit job,’ leaving crash board short-staffed amid 1,000+ probes
PoliticsTrump fires NTSB member who calls it a ‘political hit job,’ leaving crash board short-staffed amid 1,000+ probes
By The Associated Press and Josh FunkMarch 10, 2026
Saudi Aramco CEO issues stark warning: Iran war could bring ‘catastrophic’ shock to global oil
EconomySaudi Aramco CEO issues stark warning: Iran war could bring ‘catastrophic’ shock to global oil
By Tristan BoveMarch 10, 2026
This photograph taken in Le-Perreux-sur-Marne, outside Paris on February 9, 2026 shows undated pictures provided by the US Department of Justice on January 30, 2026 as part of the Jeffrey Epstein files
C-SuiteHow Jeffrey Epstein pulled Bill Gates and Microsoft into a web of sex, money, and secrets
By Eva Roytburg and Jim EdwardsMarch 10, 2026
Alabama Gov. opts not to execute a man who didn’t kill anyone
LawAlabama Gov. opts not to execute a man who didn’t kill anyone
By The Associated Press and Kim ChandlerMarch 10, 2026
gu
PoliticsEileen Gu and Alysa Liu: 2 Olympians, 2 Californians, 2 countries
By Didi Tang and The Associated PressMarch 10, 2026
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