In a significant political shift, U.S. Treasury Secretary Scott Bessent is urging Congress to drop the controversial Section 899 tax proposal following a groundbreaking agreement with G7 nations. This move could alter the landscape of U.S. corporate taxation as Trump aims to fulfill his promise to exit the OECD tax deal.
NASA's Space Launch System faces uncertainty as the Trump administration pushes for budget cuts. Recent tests highlight challenges and advancements in propulsion technology, but will it survive long-term?
NASA's acting administrator Janet Petro reveals plans for a major reorganization of the agency amid budget cuts and potential layoffs. Will this shake-up impact NASA's future projects?
A major ruling by the Senate parliamentarian has disqualified significant health care provisions from the GOP's legislation, posing challenges for Republicans as they aim to pass the bill before the July Fourth deadline.
As Senate Republicans rush to finalize Trump's sweeping tax and immigration proposal, they face pushback from House GOP members who claim the Senate bill strays too far from their original framework. Key issues like Medicaid cuts and tax deductions are at the center of the debate.
NATO's summit in the Netherlands has been labeled 'transformational' as leaders agree to raise defense spending to Cold War levels. Discover the implications for Europe and global security.
As NATO sets a bold 5% defense spending target, doubts loom over its feasibility. With only 70% of member states on track for the previous 2% goal, can nations like Spain and Iceland step up their contributions without backlash?
The Trump administration is reportedly preparing to challenge a key budget law, potentially risking a constitutional crisis. With billions in funds delayed, the balance of power between Congress and the White House hangs in the balance.
In a pivotal summit, NATO leaders have committed to a significant increase in defence spending, aiming for 5% of GDP. This decision responds to Donald Trump's demands and rising fears of Russian aggression following the Ukraine invasion.
Samsung is set to unveil the new Galaxy Buds Core on June 27, just ahead of its latest foldable smartphone launch. With exciting features and budget-friendly options, find out what makes these earbuds a must-have!