Where NATO members rank on defense spending
President Trump has called on NATO allies to increase their defense spending to 5 percent, with only three countries ...
Sterling edges lower versus dollar, eyes on military spending
Sterling edged lower against a strengthening dollar and held steady versus the euro a day after the British government's ...
Putin Says Russia Open to Cutting Military Spending Alongside US, China
The Russian president says he agrees with Donald Trump's aim to slash arms expenditure by 50 percent, after peace is achieved ...
Hegseth wants Pentagon to cut 8% from defense budget for each of the next 5 years
Defense Secretary Pete Hegseth has told the Pentagon to find $50 billion in programs to cut this year, to redirect funds to ...
EU needs to do more to boost defense spending, Italy's Meloni says
A proposal to exclude defence spending from European Union budget rules is a first step, Italian Prime Minister Giorgia ...
Senate adopts budget framework for border, defense package
Senate Republicans finally pushed through their blueprint for the first phase of President Donald Trump's legislative agenda ...
Trump budget bill in peril as warring House GOP factions threaten rebellion
House leaders' reconciliation bill is on thin ice on Monday evening as multiple Republican lawmakers threatened to defect.
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Republicans Advance Massive Defense Budget Boost as Pentagon Eyes 'Offsets'
A debate is brewing in Congress over the future of the defense budget as Republicans look to add up to $150 billion more to ...