Both President Joe Biden and former President Donald Trump are piqued by the idea of a sovereign wealth fund for the United States. It’s a strategy largely employed by oil-rich nations and may seem more out of place for a country with more than $35 trillion in national debt, a trade deficit and Social Security…

Former Alaska Gov. Sarah Palin will get a second chance in her defamation lawsuit against The New York Times. A federal appeals court has pointed to several issues which it said undermines the reliability of the original outcome. Palin’s lawsuit stems from a 2017 editorial in The New York Times. The piece linked the 2011…

Emergency crews in Alaska are concerned more landslides could come after a large landslide killed one person and forced dozens to evacuate their homes in the tourist town of Ketchikan. The slope is still unstable, and authorities say state and local geologists are assessing the potential for further slides. Four homes were critically damaged, but homes nearby the original disaster are still being assessed. …

Russia launches its largest air assault against Ukraine since the war began, targeting critical infrastructure in the country. And the Department of Justice is appealing a judge’s decision last month to toss out former President Donald Trump’s classified documents case. These stories and more highlight The Morning Rundown for Tuesday, Aug. 27, 2024. Russia launches largest…

A proposed merger between Alaska Airlines and Hawaiian Airlines has flown past a review by the U.S. Department of Justice. The decision clears the runway for the first major airline merger since 2016. The DOJ seemingly decided against challenging Alaska’s $1.9 billion bid to acquire Hawaiian Airlines after the review period expired the morning of…

Things are heating up in one of the coldest places on the planet. For the better part of July and into early August, some of the most elite special operations forces in the U.S. military participated in Operation Polar Dagger.  The exercises test the most highly trained U.S. personnel in one of the planet’s most…

NATO forces were on high alert over the weekend of Aug. 10, engaging in sophisticated monitoring of Russian military maneuvers close to Western territories. On Saturday, Aug. 10, a Russian spy plane equipped for electronic intelligence but unresponsive to radio contact breached international norms by entering the Baltic Sea airspace without a flight plan. In…

Boeing has picked a new chief to hopefully thrust it into the air. After a monthslong search, the aerospace giant selected Robert “Kelly” Ortberg, the former CEO of aerospace company Rockwell Collins.  Ortberg replaces Dave Calhoun, who announced earlier this year he’s retiring after four years at the helm. Calhoun was hired to turn things around…

The chances of the United States military getting involved in a major war with a near-peer competitor are the highest they have been in 80 years. At the same time, the U.S. military is the smallest and most unprepared it has been to fight in a major conflict since the end of the Cold War,…

For the first time, a pair of H-6 bombers from China were observed flying near Alaska, in a part of the skies known as the Air Defense Identification Zone, or ADIZ. An ADIZ is not sovereign airspace, but all craft are required to identify themselves in the interest of international security. The Chinese H-6s flew…