Eu Defense Spending Expected to Hit 3426 Billion in Boon to Arms Makers
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House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - 19h -
Africa Received Billions in U.S. Aid. Here’s What It Will Lose.
The United States spent decades responding to conflicts and disease in Africa. The continent is now expected to be the hardest hit by the Trump administration’s aid cuts.The New York Times - 1d -
European leaders push defense spend amid uncertainty over Trump aid to Ukraine
European leaders have upped the ante on defense spending plans as they look to support Kyiv and fill a potential void of U.S. aid.CNBC - 4d -
Kentucky Bourbon Makers Fear Becoming ‘Collateral Damage’ in Trump’s Trade War
Smaller distillers say the uncertainty created by the administration’s erratic tariff announcements is crippling their ability to expand into Canadian and EU markets.Inc. - 3h -
Why Brussels’ €150bn defence pot is a test case for the EU’s arms strategy
Also in this newsletter: A dangerous drug addiction, and Russia’s reliance on Chinese carsFinancial Times - 1d -
House Republicans unveil spending bill boosting defense and trimming all else
Strategy is not likely to earn Democrats’ votes, so Trump is leaning on Republicans to force it through. US House Republicans unveiled a spending bill Saturday that would keep federal agencies ...The Guardian - 3d -
House GOP seeks spending cuts, defense increases in plan to avert shutdown
House Republicans on Saturday unveiled a six-month stopgap government funding plan, that seeks cuts to nondefense programs while boosting funding for defense. The bill's rollout kicks off a crucial ...The Hill - 3d -
2025 NFL free agent defensive lineman rankings: Best team fits, projected deals for Milton Williams, others
A look at the top defensive linemen hitting the free agent marketCBS Sports - 2d -
G.O.P. Spending Bill Would Force $1 Billion Cut to D.C. Budget
Republicans omitted a standard provision approving the District’s budget in a stopgap funding measure needed to avert a shutdown before the end of the week. The result would be a 16 percent cut.The New York Times - 34m -
How Elon Musk's Trump support could hurt — or help — Tesla
Elon Musk is both the CEO of the largest U.S. EV maker and the right-hand-man to President Donald Trump. Bears say it's a disaster for Tesla, bulls say a boon.CNBC - 4h -
Trump administration briefing: US backs Russia ahead of G7, Republican spending bill boosts defense
US has reportedly rejected Canadian proposal to tackle Russian ‘shadow fleet’, Republican bill trims everything aside from defense – key US politics stories from Saturday at a glance. The US has ...The Guardian - 2d -
More NOAA cuts, 1,000 layoffs expected, sources say
National Oceanic and Atmospheric Administration (NOAA) employees are expecting more layoffs at the agency, sources say. This comes after drastic cuts as part of President Trump's measures to shrink ...CBS News - 1d -
Can Germany spend its way out of industrial decline?
Chancellor-to-be Friedrich Merz wants to expand investment in defence and infrastructure. The race to re-arm could be a much-needed boost for manufacturingFinancial Times - 3d -
Uncertain Shoppers Slow Spending as Retailers Temper 2025 Expectations
The Conference Board said consumer confidence took its biggest one-month slide in four years, forcing many national chains to lower earnings guidance.Inc. - 4d -
USDA cancels $1 billion in local meal funding for schools and food banks
The USDA said it is promoting wiser government spending, but schools say it will make it tougher to serve healthy meals.CBS News - 33m -
Here’s why Ozempic maker’s new weight-loss drug isn’t good enough for investors
New trial data showed CagriSema led to “superior” weight loss, but at a rate much less than original expectations of 25%.MarketWatch - 1d -
BBC hit by £1.3mn bill for Huw Edwards scandal
Broadcaster’s spending under scrutiny as it enters talks with the government over the future of the licence feeFinancial Times - 1d -
France and Germany clash over ‘buy EU’ weapons
Berlin says new €150bn funding for defence industry should be open to non-EU partners, but Paris disagreesFinancial Times - 3d -
NHS England chair warns on upheaval at top ranks of health service
The Department of Health and Social Care is also expected to be hit by an efficiency driveFinancial Times - 14h -
Don’t expect Trump or Powell to bail out investors this time as stock market hits ‘danger zone’
After three weeks of unrelenting declines, U.S. stocks slid into the market’s “danger zone” on Monday.MarketWatch - 20h -
Best 7 Coffee Makers (2025): Drip Is Drippin'
The old-fashioned drip coffee maker has come a long way. Our favorite machines here can turn your barista into a stranger.Wired - 4d -
Trump-district Democrats face risky vote on GOP spending bill
House Democrats in districts carried by President Trump are confronting a potentially risky vote next week when GOP leaders are expected to put their partisan government funding bill on the floor. ...The Hill - 2d -
2025 NFL free agency: Packers signing Nate Hobbs to four-year, $48 million deal, per report
Green Bay spends to strengthen its secondary for the second year in a row under defensive coordinator Jeff HafleyCBS Sports - 21h -
EU plan to deport more people will lead to ‘prolonged detention’, say critics
European Commission draft includes orders for people to leave EU entirely and conditions for ‘return hubs’ outside bloc. Europe live – latest updates The European Commission has outlined ...The Guardian - 2h -
Toronto police search for suspects after mass shooting at pub opening
Toronto police are searching for three armed suspects after a mass shooting at a pub’s opening night left 12 people injured, including six hit by gunfire. Authorities say there were no fatalities, ...NBC News - 2d -
Novo Nordisk cuts Wegovy prices, following similar move by Zepbound-maker Eli Lilly
Makers of the popular obesity treatments Wegovy and Zepbound are cutting prices for people without insuranceABC News - 6d -
Live updates: Trump says he hates to 'predict things like that’ when asked if he expects a recession
House Republicans on Saturday unveiled a 99-page, six-month stopgap funding bill to avert a government shutdown and increase defense funding while seeking cuts for nondefense programs, which will ...The Hill - 1d -
NFL free-agent rankings: Top 5 running backs won't be as strong as last year's class
Last season was a boon for free agent running backs.Yahoo Sports - 4d -
Secret Service shoots armed man in confrontation near White House
The U.S. Secret Service shot an adult male near the White House in Washington, D.C., shortly after midnight on Sunday after an “armed confrontation” with law enforcement, according to the agency.NBC News - 2d -
Secret Service shoots armed ‘suicidal’ man near White House
The Secret Service reports it shot a man near the White House after agents were alerted to a “suicidal individual” in the area. They say the shooting happened “following an armed confrontation with ...NBC News - 2d -
Secret Service shoots armed man in confrontation near White House
The U.S. Secret Service shot an adult male near the White House in Washington, D.C., shortly after midnight on Sunday after an “armed confrontation” with law enforcement, according to the agency. ...NBC News - 1d -
Airline stocks fall as possible economic 'soft patch' raises demand concerns
U.S. airline stocks tumbled Tuesday to their lowest levels since late last year after data showed some economic concerns, hitting what had been a bright spot for consumer spending.NBC News - 7h -
EU to toughen stance on migrant returns
Brussels seeks to send people to ‘return hubs’ outside the bloc if their home countries do not accept themFinancial Times - 3h -
Central banks should fear misbehaving inflation expectations
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appearFinancial Times - 7h -
Sources: Pats boost defense with Williams, Davis
The Patriots agreed to deals Monday with three impact players on defense: DT Milton Williams, CB Carlton Davis III and LB Robert Spillane.ESPN - 20h -
Blackhawks Spending $30 Million on Non-Roster Players
The Chicago Blackhawks are spending a ridiculous amount of money on players not currently on their roster this season. The team has gotten to this point from all different pathways.Yahoo Sports - 1d -
Tech megacaps lose over $750 billion in market cap in worst day for Nasdaq since 2022
The seven most valuable tech companies lost more than $750 billion in market value on MondayCNBC - 23h -
US Secret Service shoots armed man near White House after confrontation
Donald Trump was out of town when the shooting occurred, and the man has been hospitalized. An armed man believed to be traveling from Indiana was shot by US Secret Service agents near the White ...The Guardian - 1d -
In Defense of the Work Friend
Boundaries and friendships with colleagues are equally important to your happiness.Inc. - 3d -
Germany can spend almost €2tn without harming growth, economists say
FT survey finds ‘large fiscal capacity’, but economists urge would-be chancellor Friedrich Merz to spend funds wiselyFinancial Times - 1d