Consumer Spending Rose Weakly in February

The UK is cutting welfare spending to urge people to work. Critics say it will hurt the vulnerable

Britain’s Labour Party government has announced an overhaul of the welfare system it says will save the cash-strapped administration 5 billion pounds, or $6.5 billion

ABC News - 1d

Tencent profit surges 90% as it touts AI revenue boost and ramps up spending

Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue.

CNBC - 8h

Countries must bolster climate efforts or risk war, Cop30 chief executive warns

Ana Toni also criticises the UK’s plans to slash overseas aid to fund defence spending. Countries looking to boost their national security through rearmament or increased defence spending must also ...

The Guardian - 1d

Schumer surrenders, but so do Senate Republicans

Congress has surrendered its power to declare war and control federal spending to the executive branch, giving President Trump and Elon Musk blanket authority over all federal spending.

The Hill - 1d

Iranian singer who urged women to go without hijab is lashed over alcohol conviction

Iranian officials have flogged a popular singer who posted a song online urging women to remove their mandatory headscarves over a conviction for possessing and consuming alcohol

ABC News - Mar. 7

Buying a Home? Without the CFPB, You Need to Be Your Own Watchdog.

The C.F.P.B. had kept a close eye on mortgage lenders. But with the bureau hobbled, consumers should take several steps, starting with shopping for the best mortgage rates.

The New York Times - Mar. 7

Trump Organization Sues Capital One for Closing Its Accounts

President Trump’s family business accused the bank of violating consumer protection laws by closing its accounts in the aftermath of the Jan. 6 attack.

The New York Times - Mar. 7

It's 'shoot first and ask questions later' as DOGE tries to dismantle CFPB: Official

At a court hearing Monday, CFPB’s COO Adam Martinez gave a sworn account of the chaos that has consumed the federal agency meant to stop unfair corporate practices.

ABC News - Mar. 11

Hungary's leader orders price controls on basic foods as inflation spikes

Hungary’s government is limiting the profit margin for grocers on a number of basic food items in response to growing inflation hitting consumers in the Central European country

ABC News - Mar. 11

Why a ‘good’ CPI report on Wednesday may not be enough to turn stock-market carnage around

Wednesday’s consumer-price index report is now in sharp focus with investors hoping more clarity on stagflation concerns could help stem the stock-market selloff.

MarketWatch - Mar. 12

GOP senator says 'tariffs is a tax' and Trump understands 'completely'

A GOP senator says President Trump's tariffs are a tax on American consumers, and Trump knows but the goal is to create open markets and long-term fairness

The Hill - 6d

Egg prices are rapidly falling so far in March

Egg prices have become a key pressure point for consumers that are facing the simultaneous headwind of sticky inflation and President Donald Trump's tariffs.

CNBC - 6d

RFK Jr. wants artificial dyes out of America’s food, but it's not clear they’re harmful, scientist says

A priority for the Trump administration is to rid the food system of artificial dyes. Here's what experts say about if FD&Cs are safe to consume.

CNBC - 4d

Florida Bill Would Ban Mandatory Tips and Service Fees

The proposed legislation sets the stage for tipping based on merit and ditching automatic gratuities. It might address consumers’ tipping fatigue, but is the service industry ready?

Inc. - 2d

Egg Prices Have Dropped, Though You May Not Have Noticed

Wholesale egg prices are about half what they were last month. Fewer bird flu outbreaks and weakened consumer demand are contributing to the decline, economists say.

The New York Times - 22h

Senate Democrats' impending choice: Shutdown or surrender

House Democrats say they won't vote for the House GOP's spending plan. Democrats across the Capitol aren't so sure.

Politico - Mar. 7

No European defence without Germany

The rapid action by Friedrich Merz in the face of Donald Trump’s disruption highlights how the continent’s leaders need strategy as well as spending

Financial Times - Mar. 8

America needs a serious opposition

Democrats should spend less time on gimmicks and more on communicating what they actually stand for

Financial Times - Mar. 9

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 fee

Financial Times - Mar. 10

Keir Starmer defends planned welfare cuts to anxious Labour MPs

Prime minister wants to reform disability benefit payments to help fund greater spending on defence

Financial Times - Mar. 10

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 Hafley

CBS Sports - Mar. 10

Free agent S Camryn Bynum to sign a 4-year, $60 million deal with the Colts

The Colts haven't been a team known to spend big on free agency in recent years, so this is a bit out of character for them.

Yahoo Sports - Mar. 11

Vice President JD Vance urges GOP to fall in line as shutdown looms

House Republicans are slated to vote Tuesday on their spending bill that would fund the government at current levels through September 2025.

ABC News - Mar. 11

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 - Mar. 11

Nvidia’s stock has been ‘brutalized.’ Here’s the big disconnect.

Investors appear worried about the health of AI spending. But big AI customers don’t seem hesitant, an analyst notes.

MarketWatch - Mar. 11

What Does a Shutdown Have to Do With the Budget or Elon Musk? Here’s a Guide.

A short-term spending bill, a 10-year budget plan and Musk’s cost-cutting team are all progressing at once.

The New York Times - Mar. 11

American travelers are booking fewer domestic flights in another warning sign for the economy

Americans’ spending worries and shortcomings are translating into turbulence for major airlines, and coming at a time where recession fears are growing.

MarketWatch - Mar. 12

Brett Favre suggests Aaron Rodgers should sign with Vikings: 'They're loaded at pretty much every position'

Favre spent most of his career with the Packers before spending his final two seasons with the Vikings

CBS Sports - Mar. 12

German Arms Maker Rheinmetall Has Record Sales in ‘Era of Rearmament’

Since the start of the war in Ukraine, the company moved quickly to meet Europe’s growing need for military spending.

The New York Times - Mar. 12

UK social safety net among weakest in rich world, analysis finds

Think-tank report comes as Keir Starmer seeks to convince Labour MPs to back welfare spending cuts

Financial Times - 6d

Naples residents camp outdoors after overnight quake

Many people in and around the Italian city spend the night on the streets and in their cars, fearing aftershocks.

BBC News - 6d

With Medicaid cuts looming, misinformation about immigrants, especially Latinos, spreads

As Republican lawmakers move to cut Medicaid spending, misinformation about immigrants, especially about Latinos, is spreading on social media.

NBC News - 6d

Under G.O.P., Congress Cedes Power to Trump, Eroding Its Influence

On spending, oversight and other issues, Republican lawmakers have willingly ceded power traditionally reserved for Congress to the Trump White House.

The New York Times - 5d

Merz Challenges Germans to Make a Bold Strategic Shift. Will They Do It?

The likely next chancellor has staked his government on a move to increase military spending. But the window for change is closing fast.

The New York Times - 5d

Police get more time with North Sea crash captain

The Russian national will spend an extra 24 hours in police custody after being arrested on Monday.

BBC News - 5d

How to Watch CBS Online Without Cable to Livestream NCAA March Madness Games & More

Cord-cutters can watch live sports without having to spend hundreds of dollars through these affordable streaming options.

Yahoo Sports - 5d

Republicans' reckless assault on clean energy will cost them

The GOP spending bill is a slash-and-burn blueprint for enacting President Trump’s extreme agenda, and it will throw American industries and families into chaos.

The Hill - 5d