Defense

Austin reaffirms U.S. commitment to Indo-Pacific, says region is ‘more prosperous when we work together’

SINGAPORE — The United States remains vital to the future of the Indo-Pacific region, which is “more vital than ever”…

Austin expresses ‘concern’ to China defense chief over its activities in Taiwan Strait

SINGAPORE — U.S. Defense Secretary Lloyd Austin expressed concern over China’s naval activity in the Taiwan Strait to his Chinese…

Biden, Democrats react to Trump’s guilty verdict: ‘No one is above the law’

The Biden campaign wasted no time slamming former President Donald Trump and making a plea for campaign donations, minutes after…

DOJ charges Chinese national with operating ‘world’s largest botnet’ that stole $5.9 billion in Covid relief funds

A global malware network responsible for the theft of $5.9 billion in Covid relief funds and tied to other crimes…

European banks in Russia face ‘awful lot of risk’, Yellen says

U.S. Treasury Secretary Janet Yellen told Reuters that European banks face growing risks operating in Russia and the U.S. is…

Yellen sees no ‘showstoppers’ on G7 Ukraine loan backed by Russian asset earnings

U.S. Treasury Secretary Janet Yellen said on Friday that she does not see “any showstoppers” in her discussions with fellow…

Most Americans falsely think the U.S. is in recession, poll shows

More than half of Americans think the United States is in an economic recession, although gross domestic product has been…

Biden takes credit for Target grocery price cuts: ‘They’re answering the call’

President Joe Biden took a victory lap after Target announced it was lowering prices on groceries and other items —…

DJT: Trump Media reports $770,500 revenue for first quarter, net loss of $327.6 million

Trump Media & Technology Group, the parent company of Donald Trump’s Truth Social platform, disclosed a net loss of $327.6 million in…

How Biden is winning over corporate America behind closed doors

President Joe Biden has had it out for corporate America for much of his term. Over the past three years,…