President Trump said Wednesday he's going to meet with Chinese President Xi Jinping and Russian President Vladimir Putin to discuss slicing all three countries' military budgets in half. The big ...

Hegseth emphasized European countries need to invest more while the U.S. needs to make it easier for countries to buy its ...

Shares of Northrop Grumman and Lockheed Martin were under pressure after President Donald Trump raised the idea of large cuts ...

Amid its second year of its latest offensive in Ukraine, Russia outspent all European nations on defense spending.

Yet for all America’s expertise and innovation, not to mention its vast defence budget, its own armed forces are struggling to adapt. Mark Milley, until late 2023 America’s most senior soldier, argues ...

U.S. government bonds, or Treasuries, are the primary way the federal government borrows money and one of the world’s most ...

The Trump administration evicted former Coast Guard Commandant Linda Fagan from her home with three hours of notice on ...

The Trump administration evicted former Coast Guard Commandant Linda Fagan from her home with three hours of notice on ...

Consumer spending, which accounts for more than two-thirds of the economy, grew at a 4.2% rate last quarter after expanding at a 3.7% pace in the July-September quarter.

Opponents of the administration's spending pause said it might violate the Impoundment Control Act of 1974 (ICA). The law created a process for Congress to review a federal agency's withholding of ...

The government of Denmark says it will increase military spending in the North Atlantic amid U.S. President Donald Trump’s bid to have Greenland sold or ceded to the United States. Late Monday ...

Denmark boosted military spending by $2 billion amid President ... The news comes after Trump called for the United States to purchase Greenland due to its geopolitical significance, strategic ...