Drones, missiles, battleships: What’s in Trump’s $1.5 trillion defense spending ask

The Trump administration is hoping to spend $1.5 trillion on defense next year. That’s roughly 42% more than the United States, by far the world’s most expensive military, spends now. That’s also getting close to 5% of U.S. gross domestic product. The last time the defense budget was significantly higher as a percentage of gross … Read more

What’s the mortgage interest rate forecast for May 2026? Here’s what some experts expect.

The direction of mortgage interest rates this May will depend on a variety of timely factors. sakchai vongsasiripat/Getty Images We’re now in the second quarter of 2026 and the year has already been unpredictable when it comes to mortgage interest rates. After nearly four months, some rate predictions may need to be recast. If you … Read more

What’s at stake in the Elon Musk-Sam Altman trial

SAN FRANCISCO — It’s a trial so unusual, not even artificial intelligence could make it up. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Jury selection begins Monday in a federal courtroom in Oakland, California, in a civil trial that features one tech billionaire, Elon Musk, suing another, … Read more

What’s ethical for undercover operatives? Anti-hate group entered gray zones.

David Gletty has wrestled alligators to prove his bona fides to extremists. He once shot up an empty Florida nightclub to deter an anti-racism event, to the delight of his FBI handlers. And as a solid roller skater, Mr. Gletty, a paid informant, performed on a roller derby TV show while investigating alleged tax fraud … Read more

What’s the status of the airline industry amid high fuel prices

It’s not just Spirit Airlines struggling with rising fuel costs. All of the “big four” carriers, such as American, Delta, United and Southwest, reported a strong first quarter. But most of their gains were offset by the price of fueling their planes. Al Root, an associate editor at Barron’s, joins “The Daily Report” to discuss. … Read more

Texas Dem James Talarico rips ‘un-Christian’ court decision on what’s allowed in classrooms

NEWYou can now listen to Fox News articles! Texas Democrat James Talarico slammed a court ruling this week allowing Texas to enforce a law requiring classrooms to display the 10 Commandments, calling it a “deeply un-Christian decision.” He decried “Christian nationalism,” saying, “I’m a Christian, but I know that the most dangerous form of government … Read more