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For the first time in five years, worldwide military spending is expected to go up, with China and Russia leading the way. The U.S. military budget is facing pressure, but the $600 billion in annual spending is roughly the same as the next 14 countries combined.

Neil Heslin, whose 6-year-old son was killed in Sandy Hook, cried while telling a Senate Committee that guns have not been adequately regulated. He said the day he lost his son was the saddest and worst day of his life.

Federal prosecutors in the U.S. have charged two former traders in JPMorgan Chase's London office with securities fraud. The two men were part of the so-called "London Whale" case, which ended up costing the company more than $6 billion. U.S. officials say the men lied about the value of some derivatives trades to cover up mounting losses.

The U.S. provides around $1.3 billion in annual aid to the Egyptian military. A good deal of that money actually goes to U.S. defense contractors that provide hardware and services for Egypt's army. Here's a list of the companies receiving the biggest contracts.

More people say they will wear a political costume this Halloween in a year after an election than ever before. Hillary Clinton, for one, says she might go as "the president."

A total of 21 groups have spent almost $20 million on 18,956 ads in the Denver market airing between July 30 and Nov. 6, an analysis shows. It found that President Obama and his allies are outspending Republican Mitt Romney and conservative groups allied with him, at least for now.

Early questions focused on Donald Trump, but candidates took punches at each other on foreign policy and defense, the minimum wage, religious liberty and more.

The unseeded Latvian shocked Simona Halep on Saturday, winning her first major in dramatic fashion. Ostapenko overcame dozens of unforced errors on the strength of a number of stunning shots.

Update, 7:11 a.m., Wednesday:Police have apprehended a man they say has been positively identified as the suspect in the assaults at a Motel 6 in the…

The total shortfall was measured at €24.6 billion, or around $31.2 billion. Officials say that some banks have already made up the shortfall, which is based on a snapshot of data taken last December.