Latest in House GOP releases budget calling for trillions in cuts to taxes and spending
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Judges block Musk's efforts to slash federal spending
Federal judges block President Trump and Elon Musk's attempts to slash spending and reshape the federal workforce. NBC News' Aaron Gilchrist reports.NBC News - 4d -
NIH cuts overhead funding for research
The National Institutes of Health (NIH) on Friday made a significant reduction in grants reserved for research institutions, a decision that may significantly impact American higher education. The ...The Hill - 4d -
Sunday shows preview: DOGE cuts leave feds reeling; Lawmakers race to finalize Trump budget bill
Tech billionaire and the anchor of the new Department of Government Efficiency (DOGE) Elon Musk saw his staffers attempt or succeed in accessing databases in various departments, supercharge a ...The Hill - 4d -
Hostages freed and prisoners released in latest ceasefire exchange
Concerns have been raised about the appearance of the Israelis, while representatives for the released Palestinians say they all needed "medical attention".BBC News - 4d -
Trump administration to cut billions in medical research funding
National Institutes of Health said the $4bn loss will affect ‘indirect’ funding of buildings, equipment and staff. The Trump administration is cutting billions of dollars in medical research ...The Guardian - 4d -
Record Valentine's Day spending expected
Valentine's Day is just a week away, and candy sales are expected to soar. It's a busy time of year for chocolatiers, including Norman Love Confections, a Florida company that produces ...CBS News - 4d -
A tax credit worth up to $7,830 often goes unclaimed: See who qualifies for the EITC
The IRS estimates that a fifth of eligible taxpayers fail to take advantage of the tax break each year.The Hill - 4d -
GOP gains in voter registration raise red flags for Democrats
Republican gains in voter registration are raising red flags for Democrats in key states, underscoring the inroads the GOP made across the country in 2024. Active registered Republicans now ...The Hill - 4d -
How much should you pay to do your taxes? Maybe nothing — if you qualify for free tax prep.
Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free. The IRS also has two different free filing options equipped for these ...MarketWatch - 4d -
Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.CNBC - 4d -
Even if France’s budget doesn’t tackle the public deficit, let’s give thanks it exists | Agnès Poirer
Politics have sunk so low since Emmanuel Macron’s snap election, we’re just grateful when foretold catastrophes don’t materialise. Houra! Or rather, hurrah! On Monday, the French government, led ...The Guardian - 4d -
Guardiola denies City spend due to embargo fear
Pep Guardiola has denied that Manchester City's January recruitment drive was motivated by concern within the club that they could be hit with a transfer embargo.ESPN - 4d -
Democrats call stop work order at CFPB 'illegal'
Democrats are calling on Treasury Secretary Scott Bessent to cancel his stop work order for the Consumer Financial Protection Bureau (CFPB) after employees with Elon Musk’s Department of Government ...The Hill - 4d -
Watch: Released Palestinian prisoners greeted in Ramallah
Some 180 prisoners are being freed in exchange for three Israeli hostages.BBC News - 5d -
Who are the Palestinian prisoners released in exchange for Israeli hostages?
Israel is releasing 183 Palestinian prisoners in the latest exchange for Israeli hostages held in Gaza, part of a ceasefire that has paused the war but whose future is uncertainABC News - 5d -
Watch: How triple Israeli hostage release unfolded
Or Levy, Ohad Ben Ami and Eli Sharabi are returning home after being released in Gaza on Saturday.BBC News - 5d -
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Big Tech Keeps Its A.I. Data Center Spending Boom Alive
An apparent breakthrough in efficiency from the Chinese start-up did not make tech’s biggest companies question their extravagant spending on new data centers.The New York Times - 5d -
The Papers: 'Trump wants UK tax cuts for tech giants' and 'hands off our ISAs'
A warning that axing ISAs could "trigger a mortgage crisis" is one of the stories on Saturday's fronts.BBC News - 5d -
Graham's plan for Trump tax cuts
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...The Hill - 5d -
Trump administration tells states to stop spending on EV charging infrastructure
The Federal Highway Administration directed states to stop spending money for EV charging infrastructure — funds that were allocated under former President Biden.CBS News - 5d -
Trump wants to end a popular Wall Street tax break. What to know about the 'carried interest loophole'
President Donald Trump wants to end the carried interest loophole. Here's how the tax break benefits Wall Street investment managers.CNBC - 5d -
The IRS has issued 3.2 million tax refunds this year. Here’s the average payment
The IRS has issued 3.2 million tax refunds in 2025, as of Jan. 31. Here's the average payment.CNBC - 5d -
Republicans eye dueling budget votes next week as Mike Johnson faces pressure to act
House Speaker Mike Johnson is eying a committee vote next week to kickstart a massive multi-trillion-dollar package to advance President Donald Trump’s legislative agenda.NBC News - 5d -
White House calls mixed jobs numbers 'weak,' blames Biden
President Donald Trump's top economic aide, Kevin Hassett, said, "We're inheriting a very difficult jobs market because of Joe Biden's terrible policies."CNBC - 5d -
GOP state AGs campaign group brings back leader who resigned in Jan. 6 aftermath
A group that dedicated to electing Republicans to state attorney general positions has brought back a former executive director who resigned in the aftermath of Jan. 6ABC News - 5d -
House Democrats denied entry to the Department of Education
Democratic members of Congress were denied entry to the Department of Education for a meeting with acting Secretary Denise Carter when a security officer would not allow them inside.NBC News - 5d -
Silicon Valley and Indian investors spend big as English cricket goes up for sale
Foreign investors have been googly-eyed about English soccer for decadesABC News - 5d -
Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again
President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break that has survived time after time.The New York Times - 6d -
Senate Confirms Russell Vought as Office of Management and Budget Director
Mr. Vought, an architect of Project 2025 who served in the first Trump administration, will be at the center of President Trump’s plans to upend the federal bureaucracy.The New York Times - 6d -
Russ Vought confirmed as White House budget chief
Democrats fought the OMB nominee's confirmation, elevating a little-known agency head to the national spotlight amid larger anxieties about the fate of congressional spending authority.Politico - 6d -
Tariff Uncertainty Taxes the Auto Industry
For some in the car industry, the uncertainty surrounding a US-border trade war is almost worse than the tariffs themselves. If the tariffs go through, the costs might get passed down to buyers.Wired - Feb. 6
