Latest in Judge indefinitely pauses Trump spending freeze
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Federal judge rules Trump administration could have to pay nearly $2 billion
Judge Amir Ali said the Trump administration violated a court order about foreign aid and is ordering them to pay millions to nonprofits.ABC News - 1h -
Israel indefinitely delays Palestinian prisoner release as hostages freed
Israeli Prime Minister Benjamin Netanyahu said the prisoners won't be freed until the next release of hostages is guaranteed.BBC News - 3d -
Patel tells FBI employees to pause any responses to DOGE email
FBI Director Kash Patel told employees to hold off on responding to an email, sent at tech billionaire Elon Musk’s direction, asking federal workers to list their accomplishments during the ...The Hill - 2d -
DOGE Cuts Pause Development of Meal Bars for First Responders
Ryan Dowdy’s small-business grant is frozen until further notice.Inc. - 21h -
Federal employment board pauses firing of 6 probationary staffers
A quasi-judicial board has temporarily blocked the firing of six federal employees who were terminated as the Trump administration directed agencies to oust probationary staffers — an early ...The Hill - 1h -
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 - 4d -
Israel indefinitely delays release of 620 Palestinian prisoners after Israeli hostages freed
Statement by Netanyahu’s office demands assurance of ‘release of next hostages … without humiliating ceremonies’. Israel says the release of hundreds of Palestinian prisoners will be delayed “until ...The Guardian - 3d -
‘We’re Just Keeping Everybody Alive’: The Damage Done by the U.S.A.I.D. Freeze
Testimonials from around the world show that Trump’s foreign aid funding freeze has been damaging and chaotic.The New York Times - 5d -
Warmer weather on the way as severe freeze loosens dangerous grip
A major snowstorm and dangerous freeze that left parts of the U.S. covered in ice and snow is beginning to loosen its grip.NBC News - 5d -
USAID aid freeze triggers health care crisis in Africa
USAID's 90-day freeze on all services has resulted in a significant loss of trust, critical health care, food aid, and medical supplies, causing life-threatening consequences for Malawian patients, ...The Hill - 4d -
Pentagon to fire 5,400 probationary workers, institute hiring freeze
Defense Secretary Pete Hegseth has directed the Pentagon to come up with plans to cut 8% from the defense budget in each of the next five years, sources familiar with his plans told CBS News.CBS News - 4d -
Farmers hit by a federal funding freeze scramble to respond ahead of spring thaw
Farmers are struggling to make critical decisions ahead of the spring thaw, as billions of dollars in promised payments remain frozen by the Trump administration.NBC News - 4d -
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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 - 3d -
English councils’ spending on emergency housing surges
Near-80% jump in expenditure to £732mn reflects increasingly acute homelessness crisis, says charityFinancial Times - 1d -
UK to raise defence spending to 2.5% of GDP by 2027
Starmer’s announcement of ‘biggest sustained rise’ since cold war comes ahead of Trump meeting on ThursdayFinancial Times - 22h -
Elon Musk's approach to government spending sparks debate
As head of the Department of Government Efficiency, Elon Musk has taken an aggressive approach to budget cuts. Economist Oren Cass weighs in on whether this strategy is reform or reckless ...CBS News - 23h -
The US risks a heavy price for cutbacks in research spending
Science funding cuts may hit long-term growth and reduce US appeal to foreign investors and talentFinancial Times - 9h -
Starmer and Badenoch clash over defence spending at PMQs
The prime minister announced the UK will reallocate aid funds to boost military spending to 2.5% of GDP by 2027.BBC News - 1h -
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 - 5d -
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 - 6d -
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 - 5d -
Meta slashes staff stock awards as group embarks on AI spending drive
Most employees will receive about 10% less equity options this yearFinancial Times - 5d -
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 - 4d -
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 - 4d -
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 - 4d -
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 - 3d -
No free lunch at Manchester United as Jim Ratcliffe puts squeeze on spending
Football club could also lay off as many as 200 people in Jim Ratcliffe’s latest round of spending cutsFinancial Times - 1d -
Why Germany’s debt rules are a bellwether for EU defence spending
Also in this newsletter: can European lawmakers convince the US to change its tone on digital taxes?Financial Times - 1d -
Starmer commits to raise UK defense spending to 2.5% of GDP by 2027
Prime Minister Keir Starmer says the U.K. will raise defense spending to 2.5% of gross domestic product by 2027ABC News - 1d -
Nvidia to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia reports fourth-quarter financial results on Wednesday after the bell.CNBC - 23h -
Starmer announces big cut to UK aid budget to boost defence spending
PM confirms rise in military spending to 2.5% of GDP by 2027 – three years earlier than planned. Keir Starmer has announced drastic cuts to Britain’s international aid budget to help pay for a ...The Guardian - 21h -
U.K. to Raise Defense Spending to 2.5% of G.D.P. by 2027, Starmer Says
Prime Minister Keir Starmer, who is set to meet with President Trump on Thursday, said he would increase British spending on defense to 2.5 percent of G.D.P. by 2027.The New York Times - 22h -
Nvidia to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell.NBC News - 17h -
DOGE Quietly Deletes the 5 Biggest Spending Cuts It Celebrated Last Week
The cuts, highlighted on an earlier version of the “wall of receipts” posted by Elon Musk’s team, contained mistakes that vastly inflated the amount of money saved.The New York Times - 15h -
US House passes budget resolution to cut taxes and spending by trillions
Bill would lead to large increase in America’s deficit, independent analysts sayFinancial Times - 12h -
BP’s going back to petroleum as it plans more oil spending and production
Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment while reducing outlays for greener fuels.MarketWatch - 3h -
BP to slash renewables spending in pivot back to oil and gas
Shift follows pressure from activist hedge fund Elliott ManagementFinancial Times - 4h -
‘The impact has been devastating’: how USAid freeze sent shockwaves through Ethiopia
Ethiopia was the largest recipient of US aid assistance in sub-Saharan Africa before Donald Trump froze funding last month. From food and health to support for refugees and sexual abuse survivors, ...The Guardian - 5d -
US aid freeze puts HIV-positive orphans in Kenya at risk as medical supplies dwindle
A U.S. aid freeze is threatening the lives of HIV-positive orphans at Nyumbani Children’s Home in NairobiABC News - 5d