May 12, 2026

The U.S. Navy released its fiscal 2027 shipbuilding plan Monday, laying out the possibility of the service turning to allied nations to build its vessels.The confirmation of potential outsourcing comes after President Donald Trump reportedly rejected previous Navy Secretary John Phelan’s suggestion to build Trump-class battleships abroad to meet the…

Two out of three Americans think President Donald Trump has not clearly explained why the country went to war with Iran, according to a Reuters/Ipsos poll completed on Monday that also showed his approval rating ticking up from the lowest level of his term.The four-day poll revealed deep concerns about…

United States President Donald Trump is vowing to take Iran’s enriched uranium, just a few days after seizing Venezuela’s. Trump said that the US will get hold of Iran’s stockpile of enriched uranium “at some point,” repeating one of his key demands in peace talks. In an interview aired on Sunday,…

The U.S. task force responsible for countering small, unmanned aircraft chose five military installations to partake in an upcoming anti-drone pilot program.The U.S. Army-led Joint Interagency Task Force 401, which was stood up in August 2025 and included in the fiscal 2026 National Defense Authorization Act, selected two southern border…

One American has officially tested “mildly positive” for Hantavirus. The United States Department of Health and Human Services claimed that it was one of the 17 Americans being repatriated from a hantavirus-struck cruise ship had tested mildly positive. Seven cases of the Andes hantavirus have now been confirmed among passengers…

The Marine Corps is moving deeper into Alaska with an initiative designed to build a more persistent presence in the Arctic and prepare service members for extreme cold-weather operations. The effort, called “Campaign – Alaska,” will establish a new rotating force that will train and experiment in the frigid conditions,…

The Air Force has quietly assembled an “AI Action Team” to help leaders think through ethical challenges, develop literacy in the force and identify new applications for the tech, the service’s senior enlisted leader said this month.Among those new uses, CMSAF David Wolfe said, was promotion board screening and ranking.…

Russia and Ukraine on Monday reported fighting along their long front line despite a U.S.-mediated ceasefire, and each accused the other of launching drone and artillery strikes.Ukraine and Russia agreed on Friday to a ceasefire from May 9 to May 11 as part of a U.S.-led push for peace under…

United States President Donald Trump has rejected an Iranian peace plan, calling the proposal “totally unacceptable.” At the same time, Israeli Prime Minister Benjamin Netanyahu has warned that the war was “not over.” Trump issued the statement on his TruthSocial feed, rejecting the “unacceptable” Iranian proposal aimed at ending the…

With the aircraft carrier USS Gerald R. Ford en route home from what has become the longest U.S. Navy float since Vietnam, the service is reconsidering how to sustain a wartime fighting force.That’s according to Master Chief Petty Officer of the Navy John Perryman, who addressed service needs and quality…

The remains of a U.S. Army soldier who was reported missing in Southern Morocco last week have been recovered, the Army said in a statement Sunday. First Lt. Kendrick Lamont Key Jr., of Richmond, Virginia, was found Saturday, one week after he and another soldier were reported missing. The two…

This article was originally published by Matt Hisrich at The Mises Institute.  While reading The Wealth of Shadows—Graham Moore’s excellent historical novel about pre-World War II global finance—I couldn’t help but feel a growing sense of unease regarding the current state of international economics. Set just before the United States enters…

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