Latest in GOP strikes a new spending deal that includes disaster aid and raising the debt limit
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Fast-track House vote anticipated on spending deal as conservatives object
House lawmakers are bracing for a possible vote on the 1,500-page government funding deal as early as Wednesday night or Thursday morning under a fast-track process. The potential move to speed up ...The Hill - 1d -
Maine Democrat opposes CR deal over raises for Congress
Rep. Jared Golden (D-Maine) vowed to vote against this week's continuing resolution (CR) to fund the government over a provision that authorizes an automatic pay raise for members of Congress. “We ...The Hill - 1d -
Ramaswamy opposes spending deal: 'Like showering cocaine on an addict'
Tech entrepreneur Vivek Ramaswamy slammed the stopgap spending deal, urging congressional members to vote against the massive bill if they are "serious about government efficiency." Ramaswamy ...The Hill - 1d -
Anti-deepfake porn bill included in funding deal
A bill that seeks to fight the rise of deepfake pornography was included in the year-end government funding deal unveiled Tuesday, raising the prospect the legislation could cross the finish line ...The Hill - 1d -
Bill to prevent government shutdown includes raise for Congress. It’s the first pay hike in 16 years.
Congressional leaders have put forward a giant spending package to avoid a partial government shutdown, and one provision aims to deliver the first pay raise for lawmakers in about 16 years.MarketWatch - 2d -
Bill to avoid government shutdown includes disaster relief money, assistance for farmers
Lawmakers have unveiled a spending package that will avert a government shutdown, but extra provisions in the bill, including money for disaster aid and economic assistance to farmers, are leading ...CBS News - 2d -
Musk says House GOP shouldn't pass stopgap funding deal
Tech billionaire and Trump ally Elon Musk came out against a stopgap deal as he pushes for the government to reduce spending. The bipartisan legislation was released Tuesday night in a last-minute ...The Hill - 2d -
RFK Stadium site provision included in federal spending bill, a win for the Commanders and NFL
The Washington Commanders are another step closer to the possibility of returning to the franchise’s old home in the nation’s capitalABC News - 2d -
The U.S. is back at top for money raised in IPOs — but this country had more deals
The U.S. overtook China in terms of the sums of money raised through IPOs in 2024.MarketWatch - 2d -
SBA to Get $2.2 Billion in Disaster Aid, as Congress Unveils $100 Billion Ahead of Weekend Deadline
Congress has finally released its plan to replenish the Small Business Administration’s disaster aid program two months after the agency’s coffers were depleted.Inc. - 2d -
Congressional Leaders Unveil Short-Term Spending Bill Tied to Disaster Aid
What started out as a simple stopgap measure to avert a shutdown for a few months became a magnet for more than $100 billion in emergency disaster and farm aid, plus a host of unrelated policy ...The New York Times - 2d -
Congress strikes deal to avert government shutdown
Congressional leaders have struck a bipartisan deal to keep the government funded beyond a looming Dec. 20 shutdown deadline. Legislation rolled out by leadership on Tuesday would kick the Friday ...The Hill - 2d -
Limits on Aid to Syria Threaten to Worsen the Country’s Humanitarian Crisis
Major obstacles could stymie Syria’s new leaders as they struggle to find some footing and improve the country’s living conditions.The New York Times - 2d -
Lawmakers seek to rein in PBMs as part of spending bill's sweeping health deal
Lawmakers have agreed to attach a sweeping health care package to a year-end stopgap government funding legislation, according to text obtained by The Hill ahead of the release of the full bill. ...The Hill - 2d -
Databricks Is Raising $10 Billion, in One of the Largest Venture Capital Deals
The artificial intelligence start-up’s funding shows investors remain enthusiastic about the A.I. boom.The New York Times - 2d -
Government funding bill will run through March, include $100B in disaster aid
Pieces of a bipartisan effort to prevent a government shutdown during the holiday season are beginning to come into focus, including a March end-date and $100 billion in disaster aid. GOP ...The Hill - 3d -
Some in North Carolina still waiting on disaster aid after Hurricane Helene
Following the historic flooding from Hurricane Helene, many in North Carolina were denied disaster loans from the U.S. Small Business Administration because it had run out of money. Scott ...CBS News - 3d -
Hamas Concedes on Israeli Troops in Gaza, Raising Hopes for Hostage Deal
Hamas has yielded to two of Israel’s key demands for a cease-fire deal in Gaza, raising hopes of an agreement within days despite the repeated collapse of previous talks.The Wall Street Journal - Dec. 12 -
FirstFT: Nato’s European members discuss raising defence spending targets
Also in today’s newsletter, emerging-market currencies sell off, and Nasdaq board diversity rules thrown outFinancial Times - Dec. 12 -
Australia strikes ‘rugby diplomacy’ deal to counter China
Papua New Guinea cements security agreement with Canberra and will get $385mn investment for new sports teamFinancial Times - Dec. 12 -
ServiceTitan raises IPO price on deal demand and appetite for new issuers
In a big move, ServiceTitan boosted its estimated price range to $65 to $67 a share, from $52 to $57 previously.MarketWatch - Dec. 11 -
Birmingham equal pay deal raises doubt over council’s bankruptcy
Authority to pay about £250mn to settle historic dispute, far less than previously expectedFinancial Times - Dec. 10 -
Three-year health plan includes 'good deal' on staff pay
The minister said the pace of progress would be heavily influenced by future budget settlements.BBC News - Dec. 10 -
Warner Bros. Discovery strikes new distribution deal with Comcast
Warner Bros. Discovery reaches an agreement for Comcast Corp. to continue carrying its cable channels, including HBO, TNT, CNN and Animal Planet.Los Angeles Times - Dec. 9 -
Dodgers make no apologies for record spending, unprecedented deferred deals
L.A. owes more than $1 billion in deferred money to a star-studded roster. Here's how the Dodgers are doing it.ESPN - Dec. 8 -
Vance, GOP committees ask Supreme Court to strike down coordination limits
Vice President-elect JD Vance and Republican committees asked the Supreme Court to overturn federal limits that restrict political parties from coordinating spending with candidates on the grounds ...The Hill - Dec. 7 -
EU strikes blockbuster trade deal with Mercosur
Accord would create market of 700mn by dropping tariffs on more than 90% of goodsFinancial Times - Dec. 6 -
Bipartisan bill seeks to have president strike international mineral deals
Bipartisan lawmakers are trying to give the president more authority to make trade deals to bolster the nation’s supply of minerals that can be used in the technology, low-carbon energy and weapons ...The Hill - Dec. 5 -
'Last minute spending spree' by Biden, including Rivian loan, to get DOGE scrutiny, says Vivek Ramaswamy
DOGE co-lead Vivek Ramaswamy says Biden administration attempts to dole out IRA, Chips Act funds, and EV loans, at the last minute will be reviewed.CNBC - Dec. 5 -
House Freedom Caucus comes out against ‘unpaid’ disaster aid
The hardline conservative House Freedom Caucus came out against “unpaid” disaster aid legislation in an official statement on Wednesday, urging “not one more cent to the Biden administration.” In ...The Hill - Dec. 5 -
New UN aid chief vows 'ruthlessness' to prioritize spending as funding for world's crises shrinks
The new head of the U.N. humanitarian aid agency is calling for “ruthlessness” when prioritizing how it spends moneyABC News - Dec. 4 -
A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
New UN aid chief vows 'ruthlessness' to prioritize spending as funding for world's crises shrinks
The new head of the U.N. humanitarian aid agency is calling for “ruthlessness” when prioritizing how it spends moneyABC News - Dec. 4 -
Analysis: Israeli and Hezbollah strikes test limits of ceasefire
Strikes and counter-strikes put the ceasefire at risk, just days after it was reached.BBC News - Dec. 3 -
Israeli strikes kill 11 in Lebanon after fire exchanges with Hezbollah that test ceasefire’s limits
Israel has unleashed its largest wave of airstrikes across Lebanon since agreeing to a ceasefire with Hezbollah last week, killing at least 11 peopleABC News - Dec. 3 -
40 Best Cyber Monday Laptop Deals (2024), MacBooks Included
Time to upgrade your rig? Take advantage of these Cyber Monday laptop deals on our favorite models, whether it's a MacBook, gaming laptop, or Chromebook.Wired - Dec. 2 -
Wisconsin Judge Strikes Down Limits on Public Sector Unions
The 2011 law stripped most government workers in the state of collective bargaining rights and set off protests that lasted weeks.The New York Times - Dec. 2 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2