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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 95 of 100
Senate Majority Leader John Thune, flanked by Sen. John Barrasso, speaks with reporters at a lectern after meeting with President Donald Trump at the White House on June 4.
PoliticsRepublican senators want to make changes to Trump’s ‘Big, Beautiful Bill’. Here are the competing groups
By Mary Clare Jalonick and The Associated PressJune 9, 2025
  • Supreme Court unanimously sides with Ohio woman claiming she was demoted for being straight—making it easier for others to claim ‘reverse discrimination’
    PoliticsSupreme Court unanimously sides with Ohio woman claiming she was demoted for being straight—making it easier for others to claim ‘reverse discrimination’
    By Mark Sherman and The Associated PressJune 5, 2025
JD Vance says the ‘blood feud’ between Trump and Musk is ‘not going to be good for Elon’ but admits he ‘suffered a lot’ for the White House 
PoliticsJD Vance says the ‘blood feud’ between Trump and Musk is ‘not going to be good for Elon’ but admits he ‘suffered a lot’ for the White House 
By Eleanor PringleJune 9, 2025
Los Angeles tensions escalate as thousands take to the street to protest Trump’s National Guard deployment
PoliticsLos Angeles tensions escalate as thousands take to the street to protest Trump’s National Guard deployment
By Jason Dearen, Jaimie Ding, Jake Offenhartz and The Associated PressJune 9, 2025
Trump warns of ‘troops everywhere’ and vows to charge any California officials who obstruct deportations
PoliticsTrump warns of ‘troops everywhere’ and vows to charge any California officials who obstruct deportations
By Eric Thayer, Jake Offenhartz and The Associated PressJune 8, 2025
Trump’s new travel ban set to take effect amid escalating tension over immigration enforcement
PoliticsTrump’s new travel ban set to take effect amid escalating tension over immigration enforcement
By The Associated PressJune 8, 2025
National Guard troops are in L.A. Here’s what they can and can’t do, for now, as Trump deploys them in response to protests
PoliticsNational Guard troops are in L.A. Here’s what they can and can’t do, for now, as Trump deploys them in response to protests
By Jason MaJune 8, 2025
  • The only ‘Made in America’ smartphone maker has a message for Apple about manufacturing in the Trump tariff era
    TechThe only ‘Made in America’ smartphone maker has a message for Apple about manufacturing in the Trump tariff era
    By Verne KopytoffJune 5, 2025
Bill Ackman closeup
FinanceHedge fund titan Bill Ackman shares the secret that got him through his lowest moments 
By Irina IvanovaJune 8, 2025
Trump is deploying 2,000 California National Guard troops over governor’s objections to LA to quell protests
PoliticsTrump is deploying 2,000 California National Guard troops over governor’s objections to LA to quell protests
By Michelle L. Price, Eric Thayer, Morgan Lee and The Associated PressJune 7, 2025
Trump says his relationship with Musk is over, slamming the door on the once-staunch ally who tried to de-escalate their feud
PoliticsTrump says his relationship with Musk is over, slamming the door on the once-staunch ally who tried to de-escalate their feud
By Jason MaJune 7, 2025
Vance says he hopes Musk returns to fold after public feud with Trump
PoliticsVance says he hopes Musk returns to fold after public feud with Trump
By Kate Sullivan and BloombergJune 7, 2025
Trump really wants to fly on an upgraded Air Force One, but it could depend on his willingness to cut corners with security
PoliticsTrump really wants to fly on an upgraded Air Force One, but it could depend on his willingness to cut corners with security
By Tara Copp, Chris Megerian and The Associated PressJune 7, 2025
  • Elon Musk’s DOGE playbook was a ‘bull in a China shop’ for federal agencies—and it’s hard to reverse
    PoliticsElon Musk’s DOGE playbook was a ‘bull in a China shop’ for federal agencies—and it’s hard to reverse
    By Gary Fields and The Associated PressJune 5, 2025
Supreme Court allows DOGE team to access Social Security systems with data on millions of Americans
PoliticsSupreme Court allows DOGE team to access Social Security systems with data on millions of Americans
By Lindsay Whitehurst and The Associated PressJune 6, 2025
Trump aides signal he’s moving on from Musk feud, but may get rid of his Tesla
PoliticsTrump aides signal he’s moving on from Musk feud, but may get rid of his Tesla
By Josh Wingrove, Akayla Gardner and BloombergJune 6, 2025
Elon Musk looks down, arms crossed
PoliticsTesla loses $152 billion in market cap after Musk-Trump spat in the stock’s biggest-ever hit
By Irina IvanovaJune 6, 2025
Mark Cuban backs Musk’s poll on a new political party as investors react to tech billionaire’s feud with Trump
PoliticsMark Cuban backs Musk’s poll on a new political party as investors react to tech billionaire’s feud with Trump
By Jason MaJune 6, 2025
Elon Musk looks on as US President Donald Trump meets with South African President Cyril Ramaphosa in the Oval Office of the White House in Washington, DC, on May 21.
Tech‘Get the popcorn out’: Dan Ives warns Tesla shareholders Musk-Trump war may have only just begun
By Christiaan HetznerJune 6, 2025
From ‘first buddy’ to losing $34 billion in net worth: The rise and fall of the Elon Musk-Donald Trump partnership
PoliticsFrom ‘first buddy’ to losing $34 billion in net worth: The rise and fall of the Elon Musk-Donald Trump partnership
By Christiaan HetznerJune 6, 2025
U.S. Treasury won’t label China a currency manipulator but blasts it for lack of transparency in exchange rate policy
PoliticsU.S. Treasury won’t label China a currency manipulator but blasts it for lack of transparency in exchange rate policy
By Fatima Hussein and The Associated PressJune 6, 2025
Ken Griffin
PoliticsCitadel founder Ken Griffin says executives are more worried over tariffs than they were during the Great Financial Crisis
By Irina IvanovaJune 6, 2025
Musk’s threat to decommission Dragon space capsule would leave NASA dependent on Russia to get to ISS
TechMusk’s threat to decommission Dragon space capsule would leave NASA dependent on Russia to get to ISS
By The Associated PressJune 6, 2025
How China’s embrace of rare earth export controls is hitting the global car industry
PoliticsHow China’s embrace of rare earth export controls is hitting the global car industry
By AFPJune 6, 2025
Justice Elena Kagan greets President Donald Trump
PoliticsSupreme Court tosses Mexico’s $10 billion lawsuit accusing U.S. gunmakers of fueling cartel war
By Lindsay Whitehurst and The Associated PressJune 6, 2025
Donald Trump
PoliticsHedge funder Ken Griffin doesn’t get why Trump wants to take China’s jobs: ‘Why are we aspiring to be the nation of the lowest-cost workforce in the world?’
By Irina IvanovaJune 6, 2025
Federal judge temporarily blocks Trump order that bans foreign students from entering U.S. to attend Harvard
PoliticsFederal judge temporarily blocks Trump order that bans foreign students from entering U.S. to attend Harvard
By Chrissie Thompson, Collin Binkley and The Associated PressJune 6, 2025
Elon Musk’s war of words with President Trump cost Tesla $150 billion of value in one day
FinanceElon Musk’s war of words with President Trump cost Tesla $150 billion of value in one day
By Bernard Condon and The Associated PressJune 6, 2025
U.S. Rep. Bobby Scott (D-VA)
PoliticsTrump administration plans to gut Job Corps centers and judges and lawmakers are asking why
By Cathy Bussewitz and The Associated PressJune 6, 2025
Which tech mogul will replace Elon Musk as Trump’s new tech industry BFF?
TechWhich tech mogul will replace Elon Musk as Trump’s new tech industry BFF?
By Alexei OreskovicJune 5, 2025
Elon Musk looks down
PoliticsElon Musk says Trump ‘is in the Epstein files. That is the real reason they have not been made public’
By Dave SmithJune 5, 2025
Trump speaks behind a podium while holding up a sign listing reciprocal tariffs.
EconomyNY Federal Reserve finds a ‘significant share’ of companies saying they raised prices on goods not affected by tariffs
By Sasha RogelbergJune 5, 2025
Trump and Musk lean into each other to talk
PoliticsElon Musk says ‘without me, Trump would have lost the election’
By Dave SmithJune 5, 2025
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