
Pentagon invests in Asian partners as China flexes with Russia
CBSN
Tokyo - The Pentagon is expected to announce investments in Asia this week that play into the long-game positioning to deter China, just days after Chinese bombers for the first time ever encroached in the international airspace off Alaska.
Despite ongoing wars in Ukraine and Gaza that still threaten to expand, Defense Secretary Lloyd Austin is making his 11th trip to the Indo-Pacific as secretary, as part of the Pentagon's focus on China as what it calls "the pacing challenge."
Austin is visiting Japan and the Philippines on this trip. In Japan, Austin is expected to preview a major upgrade of command and control between the two countries. In the Philippines, he is expected to announce $500 million in foreign military financing that, according to a defense official, will go in part towards cybersecurity and maritime self-defense that could help defend against an aggressive China.

Veterans Affairs Department plans to cut thousands more jobs as part of Trump's cost-cutting efforts
Washington — The Department of Veterans Affairs plans to slash thousands of employees in the coming months as part of President Trump's initiative to scale back the size of the federal government, according to a memo from the agency's chief of staff.

During his Tuesday night address to Congress, President Trump acknowledged his barrage of tariffs might cause "a little disturbance." But with the stock market tumbling this week in reaction to his import duties, workers with 401(k) plans may wonder about how much that disturbance could affect their retirement savings.

During his Tuesday night address to Congress, President Trump acknowledged his barrage of tariffs might cause "a little disturbance." But with the stock market tumbling this week in reaction to his import duties, workers with 401(k) plans may wonder about how much that disturbance could affect their retirement savings.