Headlines

Trump budget director defends 43% military spending boost

WASHINGTON — The White House budget director on Wednesday defended the administration’s latest request for Congress, testifying before the House Budget Committee that a 43% increase in defense spending and a 10% cut to domestic programs is the best path forward. Democrats on

Iran war putting China’s economy in a tight spot

TOKYO – Amid all the smoke surrounding a Chinese slowdown, economists are getting a view of some serious fire this week. Case in point: exports grew just 2.5% year-on-year in March, a rate markedly below the previous few months. It’s the clearest indication that fallout from