British finance minister Rachel Reeves will call on her European Union counterparts on Friday to work more closely with ...

Those of us who have memories longer than a goldfish know that President Donald Trump ’s promise of a record-breaking $1 ...

Republicans and Democrats and top military brass underscored in hearings Wednesday and Thursday that much of the budget must ...

U.S. defense secretary Pete Hegseth has signed a memo directing the termination of $5.1B in wasteful DoD contracts as part of ...

Hegseth said the cuts are primarily eliminating excessive and expensive contracts, such as $1.8 billion in consulting contracts the Defense Health Agency awarded to various private firms.

Australia's nuclear submarine deal with the US and UK is at risk because of a lack of extra defence spending by Labor, the ...

Defense Secretary Pete Hegseth said the terminations "represent $5.1 billion in wasteful spending" at the DOD.

Jimoh Ibrahim has tasked parliaments globally on the need for supportive budgets for Ministries of Defence in their various ...

From the latest tariff war turmoil to US promising to raise its military budget to record high, here’s a round-up from ...

House Republicans narrowly adopted a multitrillion-dollar budget framework on Thursday, paving the way for lawmakers to begin ...

House Republicans narrowly approved their budget framework, a political turnaround after Johnson worked to satisfy GOP ...

House Republicans narrowly approved their budget framework Thursday, a political turnaround after Speaker Mike Johnson worked ...