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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
Dell’s CFO built a 27-year career without leaving the company. Here’s how he kept moving up
NewslettersDell’s CFO built a 27-year career without leaving the company. Here’s how he kept moving up
By Sheryl EstradaApril 3, 2026
The startup looking to solve health care’s fax machine problem
NewslettersThe startup looking to solve health care’s fax machine problem
By Allie GarfinkleApril 3, 2026
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
More PoliticsPage 93 of 100
Israel warns ‘Tehran will burn’ as Iran fires drones and missiles in response to Israeli strikes
PoliticsIsrael warns ‘Tehran will burn’ as Iran fires drones and missiles in response to Israeli strikes
By Jon Gambrell, Melanie Lidman, Julia Frankel and The Associated PressJune 14, 2025
  • Trump waves from his box at the Kennedy Center
    PoliticsTrump will watch ‘Les Misérables,’ a musical about inequality and rebellion, at the Kennedy Center as strikingly similar events play out in Los Angeles
    By Darlene Superville and The Associated PressJune 11, 2025
The president of the AFL-CIO says she’s committed to the fight against Trump’s immigration policies
LeadershipThe president of the AFL-CIO says she’s committed to the fight against Trump’s immigration policies
By Sara BraunJune 14, 2025
How to watch the No Kings protests taking place around the country
PoliticsHow to watch the No Kings protests taking place around the country
By Chris MorrisJune 14, 2025
Hong Kong bets the future on a vast tech zone by China’s border
FinanceHong Kong bets the future on a vast tech zone by China’s border
By Shawna Kwan and BloombergJune 13, 2025
Israel hit by retaliatory strikes as UN nuclear chief says key Iranian enrichment facility was heavily damaged
PoliticsIsrael hit by retaliatory strikes as UN nuclear chief says key Iranian enrichment facility was heavily damaged
By Jon Gambrell, Josef Federman, Julia Frankel and The Associated PressJune 13, 2025
Donald Trump looks on at Jensen Huang, who is speaking in front of a podium.
AINvidia is nixing China from its financial forecasts because U.S. restrictions on chip sales have tightened so much, Jensen Huang says
By Sasha RogelbergJune 13, 2025
  • Khaby Lame smiles at a movie premiere
    LifestyleKhaby Lame, the 25-year-old with more TikTok followers than anyone else in the world, is leaving the U.S. after being detained by ICE
    By Rio Yamat and The Associated PressJune 11, 2025
U.S. data quality has been declining for years. Now Trump’s cutbacks are leading economists to question its figures
PoliticsU.S. data quality has been declining for years. Now Trump’s cutbacks are leading economists to question its figures
By Marco Quiroz-GutierrezJune 13, 2025
As NATO boosts defense spending, Europe’s arms industry faces pressure to deliver: ‘This is really keeping me up at night,’ says NATO chief
PoliticsAs NATO boosts defense spending, Europe’s arms industry faces pressure to deliver: ‘This is really keeping me up at night,’ says NATO chief
By Max Delany and AFPJune 13, 2025
Here’s what Fortune 500 companies including Walmart and beverage giant Constellation have been saying about how immigration crackdowns could affect their business
LeadershipHere’s what Fortune 500 companies including Walmart and beverage giant Constellation have been saying about how immigration crackdowns could affect their business
By Azure Gilman and Irina IvanovaJune 13, 2025
Former U.S. President and current Republican Presidential nominee Donald Trump speaks about the economy, inflation, and manufacturing during a campaign event at Alro Steel.
FinanceOil prices surge after Israel’s attack on Iran. Trump urges Iran to ‘make a deal before there is nothing left’
By Christiaan HetznerJune 13, 2025
Search for answers begins in Air India crash that killed 241
PoliticsSearch for answers begins in Air India crash that killed 241
By P R Sanjai, Mihir Mishra, Danny Lee and BloombergJune 13, 2025
  • Elon Musk’s apology to Donald Trump is making investors happier than the U.S.-China trade framework is
    FinanceElon Musk’s apology to Donald Trump is making investors happier than the U.S.-China trade framework is
    By Ian MountJune 11, 2025
Akazawa sees a deal with U.S. sparing Japan from higher car levies
PoliticsAkazawa sees a deal with U.S. sparing Japan from higher car levies
By Yoshiaki Nohara and BloombergJune 13, 2025
Korea’s Lee urges chaebols to quell distrust, hears trade fears
PoliticsKorea’s Lee urges chaebols to quell distrust, hears trade fears
By Hyonhee Shin, Shinhye Kang and BloombergJune 13, 2025
House barely approves DOGE cuts of $9.4 billion in funding for NPR, PBS and foreign aid
PoliticsHouse barely approves DOGE cuts of $9.4 billion in funding for NPR, PBS and foreign aid
By Kevin Freking and The Associated PressJune 13, 2025
Donald Trump, holding a black umbrella, boards Air Force One.
TechBoeing’s Air Force One production is facing continued delays because the manufacturer can’t consistently hire and retain mechanics
By Sasha RogelbergJune 13, 2025
US President Donald Trump
PoliticsTrump’s ‘Big, Beautiful’ tax bill would cost poor Americans $1,600 a year while boosting highest earners by $12,000, CBO says
By Fatima Hussein and The Associated PressJune 13, 2025
Judge’s order returning National Guard control to California temporarily blocked by appeals court
PoliticsJudge’s order returning National Guard control to California temporarily blocked by appeals court
By Olga R. Rodriguez and The Associated PressJune 13, 2025
Israel attack hits Iran nuclear sites and kills at least 2 top military commanders, spurring drone-strike retaliation
PoliticsIsrael attack hits Iran nuclear sites and kills at least 2 top military commanders, spurring drone-strike retaliation
By Jon Gambrell, Josef Federman and The Associated PressJune 13, 2025
U.S. Sen. Alex Padilla, D-Calif., is pushed out of the room as Homeland Security Secretary Kristi Noem holds a news conference regarding the recent protests in Los Angeles on Thursday, June 12, 2025.
PoliticsFBI agents tackled Sen. Alex Padilla at an LA news conference with Homeland Security Secretary Kristi Noem
By Krysta Fauria, MIchael R. Blood, Lisa Mascaro and The Associated PressJune 12, 2025
Trump blocks California’s first-in-the-nation ban on sales of gas-powered cars amid clash with governor over LA protests
PoliticsTrump blocks California’s first-in-the-nation ban on sales of gas-powered cars amid clash with governor over LA protests
By Sophie Austin, Seung Min Kim, Michelle L. Price and The Associated PressJune 12, 2025
Rodney McMullen
PoliticsTariffs are 10x higher than before Trump. Companies will have to absorb the pain because consumers are ‘tapped out,’ investment manager says
By Irina IvanovaJune 12, 2025
World Bank warns the global economy is barreling toward its weakest decade in 50 years
EconomyWorld Bank warns the global economy is barreling toward its weakest decade in 50 years
By Marco Quiroz-GutierrezJune 12, 2025
This combination of pictures created on May 14, 2020 shows recent portraits of China's President Xi Jinping (L) and US President Donald Trump.
PoliticsTrump’s hand against Beijing is getting weaker as Chinese exports to the U.S. tank 34% year over year
By Eleanor PringleJune 12, 2025
Trump set to sign measure blocking California’s first-in-nation rule banning sale of new gas-powered cars by 2035
PoliticsTrump set to sign measure blocking California’s first-in-nation rule banning sale of new gas-powered cars by 2035
By Michelle L. Price, Sophie Austin and The Associated PressJune 12, 2025
Trump tariffs prompt largest-ever drop in U.K. goods exports to U.S.
PoliticsTrump tariffs prompt largest-ever drop in U.K. goods exports to U.S.
By Philip Aldrick and BloombergJune 12, 2025
Byesville, Ohio, The Guernsey Power Station, a gas-fired power station in eastern Ohio
EnvironmentTrump’s EPA moves to repeal rules that limit planet-warming greenhouse gas emissions from power plants fueled by coal and natural gas
By Matthew Daly and The Associated PressJune 12, 2025
Police arrest dozens of protesters during an anti-ICE (Immigration and Customs Enforcement) protest
FinanceOmaha food plant owner who lost half his workforce in ICE raids says he followed rules for hiring immigrants
By Margery A. Beck and The Associated PressJune 12, 2025
RFK Jr.’s new CDC panel dominated by skeptics of Biden-era vaccine policies
HealthRFK Jr.’s new CDC panel dominated by skeptics of Biden-era vaccine policies
By Mike Stobbe and The Associated PressJune 12, 2025
Cathie Wood raises both her hands as she talks during a television interview.
FinanceCathie Wood’s ARK Invest predicts SpaceX will be worth $2.5 trillion by 2030—and the key to Elon Musk’s Mars ambitions will be Starlink
By Greg McKennaJune 11, 2025
Kelly Loeffler speaks into a microphone
FinanceExclusive: Kelly Loeffler, a Trump Cabinet appointee who regularly appears on Newsmax, has quiet financial ties to its parent company
By Dave LevinthalJune 11, 2025
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