US Public Debt Tops $40 Trillion as Long-Term Yields Hit 18-Year High
Economy

US Public Debt Tops $40 Trillion as Long-Term Yields Hit 18-Year High

The Treasury is doubling buybacks of long-term bonds after 30-year yields touched 5.34%, the highest since 2007, deepeni...

Niamh O'Sullivan 👁 50 💬 0
U.S. Navy's Trump-Class Nuclear Battleships Could Cost $275 Billion, CBO Says
Defense

U.S. Navy's Trump-Class Nuclear Battleships Could Cost $275 Billion, CBO Says

The Congressional Budget Office estimates the proposed 15-ship class of nuclear-powered battleships would far outstrip t...

Doron Avidan 👁 30 💬 0
Russia to Allow Broader Tax Deductions for Corporate Defense Spending
Economy

Russia to Allow Broader Tax Deductions for Corporate Defense Spending

The Ministry of Finance is reviewing whether companies can deduct certain defense-related costs from their taxable profi...

Niamh O'Sullivan 👁 31 💬 0
National Guard’s D.C. Deployment to Cost $1.4 Billion Through 2029, DOD Estimates
Defense

National Guard’s D.C. Deployment to Cost $1.4 Billion Through 2029, DOD Estimates

The Pentagon projects $1.4 billion to keep roughly 4,600 troops in Washington until the end of President Trump’s term, f...

Doron Avidan 👁 33 💬 0
Lockheed Martin Secures Record $58.6 Billion Patriot Missile Contract Amid Urgent Restocking Drive
Defense

Lockheed Martin Secures Record $58.6 Billion Patriot Missile Contract Amid Urgent Restocking Drive

The U.S. Army transforms a one-year deal into a seven-year program worth up to $58.62 billion to replenish and expand Pa...

Doron Avidan 👁 44 💬 0
US House Passes $1.15 Trillion Defense Bill, Hindering Europe Troop Withdrawals and Boosting Eastern Flank
Defense

US House Passes $1.15 Trillion Defense Bill, Hindering Europe Troop Withdrawals and Boosting Eastern Flank

The House approved the NDAA with a record $227 billion increase. It requires proof that any drawdown in Europe cannot be...

Doron Avidan 👁 41 💬 0
Pentagon Chief Hegseth Puts Iran War Cost at $37.5B, Requests $67B More as Bipartisan Fury Erupts
Defense

Pentagon Chief Hegseth Puts Iran War Cost at $37.5B, Requests $67B More as Bipartisan Fury Erupts

The U.S. defense secretary reveals spending on the Iran conflict jumped $9B in a week, triggering sharp criticism from b...

Doron Avidan 👁 34 💬 0
Trump Vows Further Strikes as Iran Hits Gulf Targets and War Cost Jumps to $37.5 Billion
Politics

Trump Vows Further Strikes as Iran Hits Gulf Targets and War Cost Jumps to $37.5 Billion

President Trump pledged continued attacks on Iran, claiming it would take decades to rebuild, as Tehran struck US radar ...

Sinead Brennan 👁 34 💬 0
Tokyo Anti-Militarization Protest Draws 25,000; Demands Resignation of PM Takaichi
Politics

Tokyo Anti-Militarization Protest Draws 25,000; Demands Resignation of PM Takaichi

Around 25,000 people marched in central Tokyo on Saturday to oppose Prime Minister Sanae Takaichi’s military buildup, ca...

Sinead Brennan 👁 49 💬 0
Unconfirmed US Military Medevac from Jordan Hints at Escalating Iran Conflict with Widespread Business Risks
Politics

Unconfirmed US Military Medevac from Jordan Hints at Escalating Iran Conflict with Widespread Business Risks

Unverified reports of a major US aeromedical evacuation after Iranian strikes raise the specter of higher American casua...

Sinead Brennan 👁 44 💬 0