Last updated: 2026-02-21 22:15:11 ET
Pulse AI Brief
Updated Feb 21, 2026 10:00 PM ET
The Pentagon reportedly has an excess of funds, struggling to allocate its burgeoning budget effectively. This comes as the U.S. aims to "rebuild the arsenal of freedom," significantly boosting defense spending.
Increased defense spending could benefit defense contractors and related industries, potentially driving stock gains for major players in the sector.
The surplus highlights ongoing debates over military expenditure and fiscal responsibility, with potential implications for U.S. defense policy and international military dynamics.
Lowest ticket prices to TechCrunch Disrupt 2026 end February 27. Up to $680 off individual passes and up to 30% off group passes. Register before the...
Supreme Court struck down the majority of Trump’s import tariffs, so what happens next for refund claims, steel duties and construction cos...
The U.S. Supreme Court has struck down the majority of Trump’s import tariffs, so what happens next for refund claims, steel duties and con...
US economic growth drastically slowed at the end of 2025, while the Fed’s preferred inflation gauge heated up – complicating the path to more inte...
If you think the Supreme Court ruling heralds a return to pre-Trump business as usual - think again.
Actors Tom Ellis and Nick Gehlfuss speak with "CBS Mornings" about starring in the new series "CIA," a spinoff of the "FBI" franchise. The duo talk ab...
Gross domestic product expanded at a 1.4 percent annual rate in the last quarter of the year, hit by the effects of the government shutdown.
The U.S. economy experienced a slowdown in 2025, with the rate of GDP growth dropping because of tariffs and a government shutdown.
The data underscores why many Fed officials have turned cautious about supporting further interest-rate cuts
(Editor's note: The future prices of benchmark tracking ETFs, the lede, and the headline were updated in the story. Figures from economic reports were...
