UK Treasury eyes spending cuts at GB Energy in blow to Ed Miliband

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  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 - 11h

• Funding bill skips measure to avert physician pay cuts, a blow to GOP Doctors Caucus

  A key Republican said inclusion of the language would be a “line in the sand” necessary for his support.
  
  Politico - 9h
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  DOGE Cuts Upend Trump-Voting West Virginia Town

  ‘Nobody that I’ve talked to understood the devastation that having this administration in office would do to our lives,’ said one fired Treasury Department worker in Parkersburg.
  
  Inc. - 1d
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  Fossil Fuels Are the Future, Chris Wright Tells African Leaders

  Chris Wright’s remarks were welcomed at a time when countries across the region have felt whipsawed by cuts to longstanding African energy initiatives.
  
  The New York Times - 1d

• Treasury Secretary Bessent says economy could be 'starting to roll a little bit'

  President Trump's Treasury secretary discussed the U.S. economy and tariffs on "Squawk Box."
  
  CNBC - 1d
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  Treasury’s Bessent Defends Tariffs, Warns of a Coming ‘Detox Period’

  The Treasury Secretary says that “access to cheap goods isn’t the essence of the American Dream.” But being profitable to grow and sustain a business is.
  
  Inc. - 1d
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  E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead

  Vows by European leaders to increase borrowing to ramp up military spending have reshaped the fiscal picture that the central bank must confront.
  
  The New York Times - 2d
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  DOGE Is Putting Major Government Efficiency Projects at Risk

  In its apparent quest to cut government spending and improve efficiency, DOGE has fired entire tech teams devoted to those very things.
  
  Wired - 1d
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  Russia bombards Ukraine energy grid after Zelenskyy says team will hold talks with US

  Officials say Russia targeted Ukraine’s energy infrastructure in a large-scale missile and drone bombardment during the night
  
  ABC News - 1d
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  What The Hell Just Happened? - the UK's 'risky' Eurovision entry and the trio behind it

  Announced as the UK's entry, Remember Monday tell BBC Newsbeat they are feeling confident about their chances.
  
  BBC News - 1d

More from Financial Times

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  China hits Canada with retaliatory tariffs on agricultural products

  Beijing accuses Ottawa of ‘discriminatory’ levies on electric vehicles
  
  Financial Times - 23h
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  Bridgestone and Michelin test advances in puncture-free tyres

  Innovation by world’s biggest suppliers potentially smooths path for self-driving vehicles
  
  Financial Times - 2h
• 

  US backtracks on Canada-Mexico tariffs in latest sharp shift on trade

  Move expands one-month carve-out for car imports to all USMCA-compliant goods with possibility of longer reprieve
  
  Financial Times - 2d
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  Global bond sell-off deepens as Germany jolts markets

  German borrowing costs climb as yields also rise across Eurozone and Japan
  
  Financial Times - 2d
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  Donald Trump says he is ‘just getting started’ in address to Congress

  President touts achievements on immigration and culture war issues and criticises Democrats
  
  Financial Times - 4d

More in Business

• China's consumer inflation turns negative for the first time in 13 months

  The data comes as investors continue to look for signs that Beijing's stimulus measures can help to boost the country's struggling economic recovery.
  
  CNBC - 1h
• 

  Bridgestone and Michelin test advances in puncture-free tyres

  Innovation by world’s biggest suppliers potentially smooths path for self-driving vehicles
  
  Financial Times - 2h

• Goodyear Tire's transformation plan is underway — in the sky and on the ground

  Goodyear Tire & Rubber Co. is facing a rapidly changing business with new technologies and increased competition from low-cost countries such as China.
  
  CNBC - 2h

• I fled our $2.2M home due to domestic abuse. I’m on the loan, but we’re both on the title. My husband won’t sell. What now?

  “He contributed a $1 million down payment. I mortgaged the rest in my name.”
  
  MarketWatch - 3h

• America’s job market is eerily similar to the 1990s dot-com boom — just before the bust

  March 20 marks the 25th anniversary of the dot-com bust. Could it happen again?
  
  MarketWatch - 3h