Air Force’s aging AWACS stirs questions of airborne-battle readiness

As the recent Chinese spy balloon encounter showed, keeping the skies safe is a tough job. For decades the U.S. Air Force has relied on the E-3 Sentry, and the most recent version, the E-3G, has been ...

Here are the three big issues facing Ukraine as a tough winter approaches

Winter is on the way, and in war-torn Ukraine the fight against Russia appears far from over. Moscow continues to target Ukrainian power plants and stations. Grain shipments out of Ukraine have been i...

U.S. defense industry faces surging demand and a supply chain crunch

The war in Ukraine and rising tensions over Taiwan have caused demand for high-tech, American-made weapons to surge. And with the ongoing supply chain crunch and inflation continuing to rise, military...

Layoffs loom on the horizon, some economists say

From rising inflation to a red-hot job market and the negative gross domestic product in between, economists are divided on the health of the U.S. economy. “There has been a lot of talk recently...

Where Russians go on vacation since the Ukraine war started

There was a time when Western Europe was the destination of choice for Russian tourists. But things have changed. Max, a Russian in his 40s, used to stroll museums in France, enjoy fine cuisine in Ita...

UN says the global food crisis is about affordability, not availability

Food prices remain stubbornly high as Russia’s war in Ukraine drags on, exacerbating existing pressure from supply chain disruptions and climate change. The war has “put a lot of fuel on a...

Why the U.S. military faces a growing recruiting crisis

The U.S. military faces a growing recruiting shortfall — one so large that legislators are getting concerned. “The Army has to recognize that there’s been an evolution in that young popula...

How much does it cost to travel full time? Here’s what one couple pays

Ernestas Tyminas felt “stuck” in his role as a marketing manager at a newspaper in Colorado Springs, Colorado. So he requested two months off to backpack through Asia, he said, landing in ...

How HIMARS could change the Ukraine-Russia war

Artillery has quickly become the most important weapon in Ukraine’s war with Russia. Ukrainian forces have begun to use newer Western artillery, like the M777 Howitzer, in the battlefield. But a...

Russians flee Putin’s regime after Ukraine war in second wave of migration

A ‘second wave’ of Russians are now formally relocating to countries spanning Europe, the Middle East and Asia after spending time getting their affairs in order. Natalia Kolesnikova | Afp...

How Uvalde and Buffalo spurred push for first gun law in decades

After two horrific mass shootings in Texas and New York, Congress just passed the most meaningful gun legislation in decades. The Safer Communities Act will expand background checks in some cases, clo...

How the U.S. Space Force plans to police outer space

Outer space is getting crowded, with both commercial endeavors and secretive military projects. And it’s going to be up to the newest United States military branch, the Space Force, to protect A...

McDonald’s to sell Russia business after pausing operations due to Ukraine war

McDonald’s said Monday that it will sell its business in Russia, a little more than two months after it paused operations in the country due to its invasion of Ukraine. “The humanitarian c...

How this U.S.-made, $176,000 anti-tank weapon could change the war in Ukraine

Ukraine’s defense against Russia is being supported by billions of dollars in military aid from NATO countries. One of the most capable and expensive weapon systems supplied is the FGM-148 Javel...

What McDonald’s closures in Russia could mean for the country

Two months after the fall of the Berlin Wall in 1989, McDonald’s — the very symbol of Western capitalism — opened its first store in the Soviet Union. It was a big moment, and the restaurant dre...

Why diesel prices are driving up the cost of everything

Consumers notice spiking gasoline prices every time they drive to the pump. But energy industry analysts say the current spike in diesel prices is historic — and is pushing up the cost of all kinds of...

Russia to emerge with full bill of health, downplays sanctions

Russian Foreign Minister Sergei Lavrov gives an annual press conference on Russian diplomacy in 2021, in Moscow on January 14, 2022. Dimitar Dilkoff | Afp | Getty Images Russia’s foreign ministe...

McDonald’s Russian shutdown will cost fast-food chain $50 million a month

A McDonald’s restaurant in St. Petersburg, Russia. Peter Kovalev | TASS | Getty Images McDonald’s expects its Russian shutdown will cost the fast-food giant roughly $50 million a month unt...

Russia-Ukraine war could cut auto production by millions of vehicles

The 111,111th Ford Transit car manufactured at the Ford Sollers car factory in the town of Yelabuga in Russia’s Republic of Tatarstan. Yegor Aleyev | TASS | Getty Images Russia’s invasion ...

Levi Strauss suspends sales in Russia

Levi’s 501 blue jeans on display. Sean Gallup | Getty Images Levi Strauss announced Monday it will suspend sales in Russia in response to the country’s invasion of Ukraine. The apparel com...

Stephen Roach says Russian default would hit emerging markets — and China

A man walks past Moscow’s stock market building in downtown Moscow on February 28, 2022. Natalia Kolesnikova | Afp | Getty Images Economist Stephen Roach warned effects from any default on Russi...

The 10 stock and bond funds with the biggest Russia exposure

Nitat Termmee | Moment | Getty Images Americans who invest in mutual funds and exchange-traded funds have largely been insulated from financial exposure to Russia amid its conflict with Ukraine. The r...

With inflation and Ukraine, Powell must thread a needle on Capitol Hill this week to calm markets

U.S. Federal Reserve Board Chairman Jerome Powell attends his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, 2022. ...

Bitcoin (BTC) price jumps as Russia-Ukraine conflict continues

A visual representation of bitcoin. STR | NurPhoto via Getty Images Bitcoin jumped 13% on Tuesday continuing its sharp rebound as the Russian assault on Ukraine continues and the U.S. ratchets up sanc...

China’s trade with Russia won’t offset sanctions, U.S. says

Russia’s Deputy Prime Ministers Yuri Trutnev, Tatyana Golikova, Andrei Belousov, Alexander Novak and Dmitry Chernyshenkosign joint documents following a video conference call between Prime Minis...