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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 97 of 100
Populist backlash and ‘brainwashing’ threaten to derail Bulgaria joining the euro currency
PoliticsPopulist backlash and ‘brainwashing’ threaten to derail Bulgaria joining the euro currency
By David McHugh and The Associated PressJune 3, 2025
  • Here’s what Elon Musk’s DOGE tenure has done for his net worth
    PoliticsHere’s what Elon Musk’s DOGE tenure has done for his net worth
    By Irina IvanovaMay 30, 2025
South Koreans are finally voting for a new president, after the last one lost his job for trying to declare martial law 6 months ago
PoliticsSouth Koreans are finally voting for a new president, after the last one lost his job for trying to declare martial law 6 months ago
By AFPJune 3, 2025
Lutnick sees U.S.-India trade deal in ‘not-too-distant future’
PoliticsLutnick sees U.S.-India trade deal in ‘not-too-distant future’
By Derek Wallbank and BloombergJune 3, 2025
Trump isn’t Beijing’s only trade headache, as the EU targets Chinese medical devices
PoliticsTrump isn’t Beijing’s only trade headache, as the EU targets Chinese medical devices
By Lionel LimJune 3, 2025
Jamie Dimon with Capitol building in background
PoliticsTreasury head Scott Bessent says Jamie Dimon should relax about the bond markets: ‘For his entire career he’s made predictions…none of them have come true’
By Irina IvanovaJune 2, 2025
New York City’s Pride organizers are racing to fill a fundraising gap as PepsiCo, Nissan, and others retreat from DEI policies
PoliticsNew York City’s Pride organizers are racing to fill a fundraising gap as PepsiCo, Nissan, and others retreat from DEI policies
By Olga R. Rodriguez and The Associated PressJune 2, 2025
  • BOE’s Bailey urges closer EU trade to reverse Brexit damage
    PoliticsBOE’s Bailey urges closer EU trade to reverse Brexit damage
    By Philip Aldrick, Tom Rees, Irina Anghel, Francine Lacqua and BloombergMay 30, 2025
Photo of Mark Cuban
FinanceMark Cuban says consumers may actually see lower prices due to tariff uncertainty as companies deal with the aftermath of stockpiling goods
By Sasha RogelbergJune 2, 2025
Trump wants to sell 1 million barrel reserve of diesel fuel
PoliticsTrump wants to sell 1 million barrel reserve of diesel fuel
By Ari Natter, Nathan Risser and BloombergJune 2, 2025
EU fines Delivery Hero and Glovo $376 million for running a food delivery cartel
RetailEU fines Delivery Hero and Glovo $376 million for running a food delivery cartel
By AFPJune 2, 2025
Tesla CEO Elon Musk and U.S. President Donald Trump listen to a question from reporters in the Oval Office of the White House on May 30, 2025 in Washington.
LeadershipElon Musk is distancing himself from Trump: ‘I don’t want to take responsibility for everything’
By Christiaan HetznerJune 2, 2025
Trump plans to offload national park sites, but states don’t want them
PoliticsTrump plans to offload national park sites, but states don’t want them
By Bobby Magill and BloombergJune 2, 2025
  • President Donald Trump speaking in the Oval Office.
    FeaturesHow Trump and Williams reviving the Constitution Pipeline may result in another New York gas project proceeding instead
    By Jordan BlumMay 30, 2025
Europeans are rethinking trips to the U.S.—here’s what’s really driving tourists away
PoliticsEuropeans are rethinking trips to the U.S.—here’s what’s really driving tourists away
By Katell Prigent and AFPJune 2, 2025
Republican senators, investors and even Elon Musk have doubts that Trump can fix the national debt
PoliticsRepublican senators, investors and even Elon Musk have doubts that Trump can fix the national debt
By Josh Boak and The Associated PressJune 2, 2025
China slams U.S. for ‘exacerbating the uncertainty’ by limiting chip design software sales and planning to revoke Chinese student visas
PoliticsChina slams U.S. for ‘exacerbating the uncertainty’ by limiting chip design software sales and planning to revoke Chinese student visas
By Christopher Bodeen and The Associated PressJune 2, 2025
Stock markets dip as Beijing blasts Trump’s ‘bogus charges’ that it’s violating the Geneva trade agreement
PoliticsStock markets dip as Beijing blasts Trump’s ‘bogus charges’ that it’s violating the Geneva trade agreement
By Nicholas GordonJune 2, 2025
Spike in steel tariffs could imperil Trump promise of lower grocery prices
PoliticsSpike in steel tariffs could imperil Trump promise of lower grocery prices
By Matt Sedensky and The Associated PressJune 1, 2025
Trump says he’s withdrawing the nomination of Musk associate Jared Isaacman to lead NASA
PoliticsTrump says he’s withdrawing the nomination of Musk associate Jared Isaacman to lead NASA
By Darlene Superville, Seung Min Kim and The Associated PressJune 1, 2025
Elon Musk’s court fights to outlast his time at White House
PoliticsElon Musk’s court fights to outlast his time at White House
By Zoe Tillman and BloombergMay 31, 2025
Iran has amassed even more near weapons-grade uranium, UN watchdog says
PoliticsIran has amassed even more near weapons-grade uranium, UN watchdog says
By Stephanie Liechtenstein and The Associated PressMay 31, 2025
US defense secretary warns Indo-Pacific allies that China’s army is ‘rehearsing for the real deal’
PoliticsUS defense secretary warns Indo-Pacific allies that China’s army is ‘rehearsing for the real deal’
By Tara Copp, David Rising and The Associated PressMay 31, 2025
Trump’s tariffs are headed for a constitutional showdown at the Supreme Court that could reshape presidential power for decades
PoliticsTrump’s tariffs are headed for a constitutional showdown at the Supreme Court that could reshape presidential power for decades
By Marco Quiroz-GutierrezMay 31, 2025
President Donald Trump speaks at U.S. Steel Mon Valley Works-Irvin Plant, Friday, May 30, 2025, in West Mifflin, Pa.
PoliticsTrump doubles steel tariffs to 50%
By Michelle L. Price, Marc Levy and The Associated PressMay 30, 2025
Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Musk, who served as an adviser to Trump and led the Department of Government Efficiency, announced he would leave his role the Trump administration to refocus on his businesses.
PoliticsElon Musk just had his last day with DOGE, which he says became a ‘scapegoat’ for government cuts
By Amanda GerutMay 30, 2025
Musk’s drug use on campaign trail stoked concerns, NYT says
PoliticsMusk’s drug use on campaign trail stoked concerns, NYT says
By Richard Clough and BloombergMay 30, 2025
A row of homes in the city of Starbase
PoliticsElon Musk’s SpaceX company town is reportedly notifying residents they may ‘lose the right to continue’ using their property amid zoning push
By Sasha RogelbergMay 30, 2025
U.S. trade rep says China still restricts rare earths as Trump accuses Beijing of violating deal 
PoliticsU.S. trade rep says China still restricts rare earths as Trump accuses Beijing of violating deal 
By Jason MaMay 30, 2025
A sign for Fort Liberty Federal Credit Union in Fort Bragg
RetailCrystals, pistols, and a $30,000 headache: Fort Liberty business owners reckon with Trump’s renaming of Fort Bragg
By Allen Breed and The Associated PressMay 30, 2025
ICE agents
PoliticsICE announces a leadership shake-up as the Trump administration sets a goal of 3,000 arrests per day
By Rebecca Santana and The Associated PressMay 30, 2025
Trump holding Pennsylvania rally to celebrate ‘partial ownership’ deal for Japan-based Nippon Steel to invest in U.S. Steel
PoliticsTrump holding Pennsylvania rally to celebrate ‘partial ownership’ deal for Japan-based Nippon Steel to invest in U.S. Steel
By Michelle L. Price, Marc Levy and The Associated PressMay 30, 2025
Investors may be suffering tariff whiplash but markets are set for solid May gains
FinanceInvestors may be suffering tariff whiplash but markets are set for solid May gains
By Ian MountMay 30, 2025
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