A recent House hearing revealed that proposed budget cuts could jeopardize NASA's planetary defense efforts against asteroid impacts, raising concerns among lawmakers about America's space safety.
Nintendo's Switch 2 is set to launch with unprecedented demand, yet the company projects lower sales than expected due to tariff uncertainties. Despite this, pre-orders in Japan have skyrocketed, indicating strong interest.
In a bold move, President Trump is set to unveil a $163 billion cut in non-defense discretionary spending for the 2026 fiscal year. This 'skinny budget' reflects his tighter grip on Congress, potentially making it more influential than ever.
President Trump is set to request an unprecedented $1.01 trillion for national security in the upcoming fiscal year, emphasizing missile defense, military pay raises, and border security.
Discover how Fortune Media is shaping the future of business while addressing critical privacy concerns. Learn about their terms of use and what it means for your online experience!
In a bold move, Mayor Karen Bass reveals a $1 billion budget deficit leading to potential layoffs of 1,600 employees in Los Angeles. Discover the reasons behind these drastic cuts and the impact on the community.
Tokyo stocks experienced a dramatic drop on the last day of Japan's fiscal year, with the Nikkei index plunging 4% to a seven-month low, fueled by fears over U.S. tariffs impacting the economy.
With hours left to avoid a government shutdown, Senate Democrats face a tough choice: support a controversial spending bill that grants Trump extensive power or risk a lapse in funding. Chuck Schumer insists a shutdown is not an option.
As Congress prepares to vote on a funding bill to prevent a government shutdown, President Trump's influence appears to sway hardline Republicans. Will bipartisan support stabilize the government amid budget cuts?
Speaker Mike Johnson proposes a clean government funding extension to prevent a shutdown, aiming to incorporate cuts from Elon Musk’s efficiency initiative for fiscal year 2026.