US defense shares fell on Wednesday as the Democrats' resounding midterm election victory stoked concerns about increased ...

Donald Trump's criticism of NATO has renewed disputes over American military spending and European defense commitments.

Every year, the U.S. government makes one of the most consequential financial decisions on the planet: how much to spend on national defense. The 2024 defense budget clocked in at $886 billion — a ...

"How is it possible that the most expensive military in the history of the world doesn’t have enough ammunition to fight a war?" asks Joshua Keating.

Washington is writing some very big cheques right now. A projected US$1.992t deficit for 2026, rapid growth in federal debt above US$40.3b and a 146% jump in Department of Homeland Security outlays ...

The US has spent more than $47.1 billion in the war in Iran, according to Pentagon data provided to Congress by the US Central Command.

AI spending is now approaching the scale of the US defense budget, underscoring just how massive the AI investment boom has become. Yahoo Finance Executive Editor Brian Sozzi sits down with HP Board ...

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. Such a number was unheard of. Congress gave the military an official budget of nearly ...

However, if aid is cut off, it would have a negative impact on Israeli defense spending and the ability to quickly procure new weapon systems, analysts told Breaking Defense this week.

WASHINGTON, Oct 27 (Reuters) - The US military has spent over $47 billion so far to prosecute the war in Iran, more than 25% higher than the Defense ‌Department's estimate in July, according to ...