CNN —   China was first and foremost on the minds of American politicians, planners and military officials during Thursday’s congressional hearing on the Pentagon’s defense authorization request for the forthcoming fiscal year. Secretary of Defense Lloyd Austin on Wednesday issued an internal directive to “laser focus” US military “efforts […]

(CNN Business) —   Price are rising quickly across huge swaths of the developed world, with inflation in countries that belong to the Organization for Economic Cooperation and Development surging in April to the highest rate since 2008. Energy price hikes boosted average annual inflation across OECD countries to 3.3% […]