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U.S. Defense Chief Austin Proposes Historic $926.5 Billion Pentagon Budget for 2026

Outgoing U.S. Defense Secretary Lloyd Austin has recommended a substantial increase in defense spending, proposing a $50 billion boost above current projections for...

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Biden Administration Extends Deadline for Nippon Steel-US Steel Deal Amid Legal Challenge

The Biden administration has delayed the enforcement of its order blocking Nippon Steel’s $14.9 billion acquisition of US Steel until June 18, 2025,...