Latest in Musk’s ‘DOGE’ commission wants to cut trillions in government spending. Social Security and Medicare make prime targets.
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UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
Will Social Security be solvent under Trump or Harris?
Social Security is under threat regardless of who wins the election, but an analysis says Trump's agenda would drain the fund more quickly than Harris' plan.Top stories - ABC News - October 23 -
How Trump Could Bankrupt Social Security
Retirement benefits for millions of Americans are on the line.Top stories - The New York Times - October 24 -
Social Security bill to expand benefits is in the hands of the Senate
The Social Security Fairness Act, which would increase benefits for 2.8 million retirees, has bipartisan support but time running out.Top stories - CBS News - 4 days ago -
Elon Musk to watch results with Donald Trump
The tech billionaire has aggressively campaigned for the Republican candidate in swing states across the country.Top stories - BBC News - November 6 -
China’s Latest Security Target: Halloween Partygoers
Last year, the Shanghai government said Halloween celebrations were a sign of “cultural tolerance.” This year, the police rounded up people in costume.World - The New York Times - October 30 -
Haiti appoints new prime minister as security crisis mounts
Entrepreneur Alix Didier Fils-Aimé replaces Garry Conille as country rocked by worsening gang violence. Haiti’s transitional presidential council has appointed the entrepreneur and former senate ...World - The Guardian - November 11 -
Awaiting DOGE, Musk Joins Amazon in Attacks on Federal Labor Regulator’s Legal Status
Court cases by SpaceX and Amazon opened against the National Labor Relations Board are a long-odds effort to eviscerate the regulatory body before Musk’s DOGE onslaught begins.Business - Inc. - 12 hours ago -
H&R Block, Intuit drop on report that Musk's DOGE may develop a tax app
H&R Block, Intuit stock dropped amid a report that Elon Musk's Department of Government Efficiency may develop a tax filing app.Top stories - CBS News - 10 hours ago -
China announces $1.4 trillion package over five years to tackle local governments' 'hidden' debt
Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.Business - CNBC - November 8 -
Slovak opposition rallies against the government of populist Prime Minister Robert Fico
Thousands of protesters have gathered in Slovakia’s capital on the 35th anniversary of the Velvet Revolution that brought an end to decades of communist rule in Czechoslovakia to oppose the ...World - ABC News - 2 days ago -
Trudeau announces sharp cuts to Canada's immigration targets
The government says it "didn't get the balance quite right" when it bolstered immigration to address labour shortages.Top stories - BBC News - October 24 -
GSK cuts vaccine sales target on reduced demand
U.K. drugmaker GSK on Wednesday cut its vaccine sales guidance for the year after what it called lower-than-expected demand.Business - MarketWatch - October 30 -
U.K. government cuts NatWest stake by £1 billion
The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.Business - MarketWatch - November 11 -
Elon Musk targets Microsoft in expanded OpenAI lawsuit
Billionaire alleges Microsoft and OpenAI illegally sought to monopolize AI market and sideline competitors. Elon Musk has expanded his lawsuit against the ChatGPT maker OpenAI, adding federal ...World - The Guardian - 4 days ago -
EU should spend 20% of budget on security and climate disasters, report says
Finland’s former president reports on cost of Europe’s preparedness for multiple crisesBusiness - Financial Times - October 30 -
U.K. Budget Makes a Big Bet on Spending for Growth
The Labour Party is betting that extra spending on public services and more investment will eventually revitalize the country’s stagnant economy.Business - The New York Times - October 31 -
TechScape: Will Elon Musk fire a third of the US government?
Musk and Donald Trump propose a ‘Department of Government Efficiency’, crypto wins big in the election and a modern equivalent of Lysistrata takes hold on TikTok. • Don’t get TechScape delivered ...World - The Guardian - November 12 -
How Musk’s Government Efficiency Panel May Look
Trump has tasked Elon Musk and Vivek Ramaswamy to lead the effort to streamline the government.Business - Inc. - 5 days ago -
Elon Musk’s mission to reinvent American government
Donald Trump has given the billionaire the task of slashing the size of the state. Similar efforts have fallen far short in the pastBusiness - Financial Times - 4 days ago -
Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK
British Treasury chief Rachel Reeves says taxes will rise by $52 billion to plug a hole in the public finances and provide new funding for the U.K.‘s cash-starved public services, as she announced ...World - ABC News - October 30 -
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Wayfair customers are more price conscious, have cut spending as election nears
Wayfair’s stock turned lower as some downbeat comments about the home-goods seller’s customers followed an earnings beat.Business - MarketWatch - November 1 -
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Trump and Harris pledged to save Social Security. Here's what they'll do.
Vice President Harris and former President Trump have both vowed to protect Social Security, but experts say both of their campaign platforms fall short of specific solutions for a program that ...Politics - The Hill - October 23 -
Here's what to know about House bill to expand Social Security benefits
Measure that would repeal so-called "government pensions offset" has been gaining support in House.Top stories - CBS News - November 11 -
What a Trump Presidency Could Mean for Social Security Benefits
Readers are concerned that his campaign proposals would put Social Security’s finances on thinner ice, endangering their payments.Business - The New York Times - 5 days ago