Latest in China government spending on citizens lags economic peers
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China government spending on citizens lags economic peers
Relatively low expenditure that directly supports individual consumption could undermine growth effortsFinancial Times - 11h -
DOGE Puts $1 Spending Limit on Government Employee Credit Cards
The restrictions are already in place at the General Services Administration along with several other agencies. Soon they’ll roll out to most of the federal government, sources say.Wired - 2d -
NIH Research Grants Lag Behind Last Year’s by $1 Billion
After weeks of disruption to scientific federal grants, the National Institutes of Health has fallen behind in funding research into treatments for deadly diseases.The New York Times - 4d -
Trump says Ukraine started the war that's killing its citizens. What are the facts?
President Donald Trump has blamed Ukraine for starting the war that has cost tens of thousands of Ukrainian livesABC News - 3d -
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Steinbrenner: No edict for Yankees to spend less
Yankees owner Hal Steinbrenner said Friday that he has not ordered his front office to drop the team's player payroll, adding, "We know what our fans expect."ESPN - 1d -
Economic partnership will protect the Ukrainian people and the US taxpayer
Trump’s bold international leadership aligns interests and benefits allFinancial Times - 20h -
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.The Wall Street Journal - Jan. 24 -
Damselfly peering through leaf among eye-catching entries in nature photo awards
The winners of the Nature inFocus Photography Awards 2024 have been announced.BBC News - 1d -
Details on judge's allowance of government layoffs
A federal judge has refused to stop President Trump's mass firings, saying unions representing those workers have to take their claims to the Federal Labor Relations Authority. CBS News senior ...CBS News - 2d -
Germany's Economic Model Is Broken, and No One Has a Plan B
The country is focused on exports, but China is slowing imports and U.S. tariff threats are growing. Politicians are offering few alternatives.The Wall Street Journal - Jan. 26 -
Here's what to know about the "Feb 28 Economic Blackout" protest
A grassroots effort is asking American consumers to refrain from making purchases at major retailers for one day in February.CBS News - 1d -
US stocks post worst slide in two months on gloomy economic data
Sentiment among businesses and consumers cools sharply as tariffs and inflation take a tollFinancial Times - 1d -
As consumer delinquencies rise, U.S. economic growth increasingly powered by the wealthy
Most official data continues to show the U.S. economy is humming along, with unemployment historically low and inflation expectations still relatively stable.NBC News - 1d -
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Is spending all day on your feet at work an occupational hazard?
Spending all day standing can take a toll on a worker’s bodyABC News - 3d -
Meta slashes staff stock awards as group embarks on AI spending drive
Most employees will receive about 10% less equity options this yearFinancial Times - 2d -
Keir Starmer urged to ramp up defence spending – UK politics live
This is ‘probably one of the most alarming times for Britain’s defence since the second world war’, says Lib Dem leader Ed Davey as he calls for more spending. The Democratic Unionist Party has ...The Guardian - 2d -
Every hour children spend on screens raises chance of myopia, study finds
Experts warn young people should have limited use of devices and spend more time outdoors. Every hour young people spend in front of screens increases their chance of being shortsighted, ...The Guardian - 1d -
White House pushes back on criticism of Trump spending cuts
White House press secretary Karoline Leavitt on Friday said Americans support the massive job and spending cuts President Trump has enacted across the federal government since returning to the Oval ...CBS News - 1d -
Top Justice Department prosecutor resigns over climate spending probe
A top prosecutor with the Department of Justice resigned after refusing to take part in a probe of Biden-era climate spending. CBS News national environmental correspondent David Schechter reports.CBS News - 1d -
Videogame giants are spending more money but losing players — and profits
Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.MarketWatch - 21h -
Government finances in surplus but pressure builds on Reeves
Chancellor faces a rising challenge to keep her tax and spending plans on track after missing forecasts.BBC News - 2d -
DOGE Sparks Surveillance Fear Across the US Government
The US government has increased the use of monitoring tools over the past decade. But President Donald Trump’s employee purges are making workers worry about how their data could be abused.Wired - 2d -
Judge allows Trump's government workforce cuts to continue
A federal judge will allow the Trump administration's cuts to the government workforce to continue after declining a request from labor unions for relief. The judge says he lacks jurisdiction and ...CBS News - 2d -
Why Republicans are at odds about how to fund the government
The Republican-controlled Senate adopted a $340 billion budget blueprint. Next week, the GOP-led House will advance its own proposal. There are some differences in strategy, and President Trump ...CBS News - 1d -
Why Republicans are at odds about how to fund the government
The Republican-controlled Senate adopted a $340 billion budget blueprint. Next week, the GOP-led House will advance its own proposal. There are some differences in strategy, and President Trump ...CBS News - 1d -
Trump touts efforts to reshape government in CPAC speech
President Trump spoke at the Conservative Political Action Conference in Washington, D.C., on Saturday, marking his first address to the conservative gathering since the beginning of his second ...NBC News - 15h -
What to Know About China's DeepSeek AI
The Chinese upstart says it has trained high-performing AI models cheaply, without using the most advanced chips.The Wall Street Journal - Jan. 27 -
Trump Eyes a Bigger, Better Trade Deal With China
U.S. officials are considering whether they can strike a deal with China that would ramp up its purchases of American goods and investments in the United States.The New York Times - 3d -
China’s record-breaking blockbuster buoyed by patriotic viewers
‘Ne Zha 2’ rakes in $1.7bn with help from companies organising group outings and repeat viewingsFinancial Times - 2d -
This ETF provider thinks it's time to rethink investing in China
Investors may want to reduce their exposure to the world's largest emerging market.CNBC - 23h -
Home price growth has slowed. But high costs, economic worries have some buyers retreating
High prices and economic uncertainty are factors pulling homebuyers back out of the housing market, experts say.CNBC - 2d -
Warning of economic uncertainty as Walmart stocks tumble after retailer lowers sales outlook
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to analyze a possible sign that the economy could slip back this year due to lower consumer spending. Walmart's yearly sales ...CBS News - 2d -
S&P 500 and Dow slide in worst day of 2025 amid economic worries
Stocks fell sharply after reports signaled concerns that President Trump's policies could be impacting the U.S. economy.CBS News - 1d -
Dow drops 700 points for worst day of 2025 so far on new fears about economic growth
Stocks sold off on Friday as new U.S. data sparked concern among investors over a slowing economy and sticky inflation, leading them in search of safer assets.NBC News - 1d -
South Africa abruptly cancels budget speech as governing parties dispute the details
South Africa’s budget announcement by the finance minister has been abruptly canceled and rescheduled for next month over a dispute among parties in the governing coalitionABC News - 4d -
Two business leaders in Turkey are questioned after they criticize the government
Prosecutors have questioned two Turkish business leaders after they delivered a scathing criticism of President Recep Tayyip Erdogan’s governmentABC News - 3d -
Trump says federal government should 'take over' local politics in DC
Trump is jockeying for local political power by positioning himself as the antidote to the city’s crime and homelessness.Politico - 2d -
Trump Dismantles Government Fight Against Foreign Influence Operations
Dozens of employees who had been working to fight foreign interference in U.S. elections have been reassigned or forced out, according to current and former officials.The New York Times - 2d