US Secretary of Defense Lloyd J. Austin, in testimony to the Senate Armed Services Committee, explained a number of hard truths of lessons learned from Afghanistan.
"We helped build a state, but we could not forge a nation," the U.S. Defense chief told the Committee Tuesday, summarizing the United States' 20-year involvement in the war-torn country.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.