Latest in Palantir plunges after CEO Karp changes share sales plan, Pentagon budget cut report
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Block shares plunge 18%, for worst day on market in 5 years after earnings miss
Block had its worst day on the stock market since 2020 after the company reported an earnings miss.CNBC - 6h -
Details on Senate-passed GOP budget plan after "vote-a-rama"
Senate Republicans have passed a budget resolution after pulling an all-nighter through a process known as "vote-a-rama." The passage comes despite President Trump's earlier backing of a competing ...CBS News - 12h -
'Indiscriminate’ Pentagon cuts unnerve Democrats
{beacon} Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story 'Indiscriminate’ Pentagon cuts unnerve Democrats Democrats ...The Hill - 1d -
Senate Passes G.O.P. Budget Plan After Democrats Force Long Night of Votes
Before adopting Republicans’ budget resolution, senators engaged in an all-night parliamentary marathon that Democrats used to try to force the G.O.P. into politically damaging votes.The New York Times - 17h -
Evening Report — Hegseth moves to shake up Pentagon
{beacon} Evening Report TRUMP FIRST 100 DAYS © Virginia Mayo, Associated Press Hegseth moves to shake up the Pentagon DEFENSE SECRETARY PETE HEGSETH is moving to overhaul the Pentagon through ...The Hill - 6h -
Will Republicans in Congress agree on a budget plan?
The Senate adopted a narrower budget proposal although Republicans in the House of Representatives are pushing ahead with different plan endorsed by President Trump. CBS News' Taurean Small reports.CBS News - 10h -
Morning Report — Senators muscle forward in the budget fight
In today’s issue: Congress is giving President Trump two possible options to anchor his agenda in a budget. With House GOP leadership still working on their single “big, beautiful” budget bill ...The Hill - 17h -
Kontoor Brands CEO describes growth plans for new acquisition
In a Thursday interview with CNBC's Jim Cramer, Kontoor Brands CEO Scott Baxter discussed the apparel company's new acquisition.CNBC - 1d -
Trump's birthright order to remain blocked; Pentagon to cut $50B
The Pentagon is in the cost-cutting crosshairs of Elon Musk's Department of Government Efficiency as Secretary of Defense Pete Hegseth orders officials to find $50 billion in cuts to the defense ...NBC News - 1d -
Hegseth wants massive Pentagon cuts, but many obstacles stand in his way
To come anywhere close to Hegseth’s target, the Pentagon bureaucracy will engage in yet another cut drill, with many promising programs falling on the cutting room floor while legacy activities ...The Hill - 14h -
Hegseth previews Pentagon staffing cuts, targets probationary employees
Defense Secretary Pete Hegseth said the Pentagon is preparing for a hiring freeze and an “aggressive” effort to fire civilian employees as the Trump administration’s axe to the federal workforce ...The Hill - 9h -
Marvel Rivals' Cancelation Was Considered Before Release, NetEase Making Changes - Report
Amidst the abrupt layoffs of some employees who worked Marvel Rivals, it's now reported that the game's cancelation was considered prior to its release, which is a surprising revelation, given it ...GameSpot - 10h -
49ers exploring possible sale: 10% of team could be up for grabs at this record-setting price, per report
If you have $900 million, you might be able to buy part of the 49ersCBS Sports - 9h -
US Senate passes budget resolution to fund Trump’s deportation plan
Bill approving $175bn for border security and extra $150bn for Pentagon faces tough challenge in House. US politics live – latest updates The US Senate has passed a budget resolution that ...The Guardian - 11h -
Senate adopts GOP budget plan in "vote-a-rama," despite Trump backing competing House plan
The Senate has adopted a slimmed-down GOP budget proposal focusing on defense, border security, and energy priorities, despite President Trump's earlier backing of a competing plan put forward by ...CBS News - 14h -
Republicans start to feel the heat on budget cuts: From the Politics Desk
House Republicans will face a budget resolution vote after hearing concerns from constituents about Trump and Musk's budget cuts.NBC News - 4h -
Border Patrol chief discusses asylum policy changes, possible DOGE cuts
A new administration is bringing new changes to enforcement at the U.S-Mexico border as illegal crossings drop to a five-year low. Camilo Montoya-Galvez spoke to Michael Banks, the new chief of ...CBS News - 1d -
House Republicans representing large shares of Medicaid, SNAP beneficiaries face tough budget test
Some Republicans have raised concerns about potential cuts to anti-poverty programs that their constituents rely on as they search for ways to pay for Trump’s legislative agenda.NBC News - 18h -
Pentagon firings to begin next week in effort to cut up to 8 percent of civilian workforce
The Pentagon seeks to cut more than 5,000 civilian employees on probation status beginning next week in a bid to eventually shave off up to 8 percent of the U.S. military’s civilian workforce, the ...The Hill - 5h -
Alibaba shares jump 14% after pledge to invest ‘aggressively’ in AI
Chinese tech group says it will spend more on artificial intelligence in next three years than over past decadeFinancial Times - 20h -
Senate adopts budget resolution after marathon overnight vote-a-rama
The Senate on Friday adopted a budget resolution intended to serve as a blueprint to deliver the first part of President Trump’s agenda. Senators voted 52-48 along party lines on the resolution ...The Hill - 18h -
Warning of economic uncertainty as Walmart stocks tumble after retailer lowers sales outlook
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to analyze a possible sign that the economy could slip back this year due to lower consumer spending. Walmart's yearly sales ...CBS News - 13h -
FBI Director Kash Patel has first full day on job, plans to implement major changes
It's the first day at work for newly-confirmed FBI Director Kash Patel after his nomination barely passed the Senate Thursday. CBS News Department of Justice correspondent Scott MacFarlane has more.CBS News - 11h -
Alibaba shares soar nearly 15% after stellar earnings as China's e-commerce sector recovers
Alibaba has been making 'significant strides' in advancing its AI cloud business after launching its Qwen 2.5-Max flagship AI foundation model, Barclays wrote in a note.CNBC - 20h -
Shares of Hims & Hers tumble 26% after FDA says semaglutide is no longer in shortage
Shares of Hims & Hers tumble 26% after FDA says semaglutide is no longer in shortageCNBC - 7h -
Eagles' Nolan Smith undergoes surgery after playing in Super Bowl LIX with torn triceps, per report
Smith is expected to be ready for the 2025 seasonCBS Sports - 4h -
Senate adopts $340 billion budget blueprint for Trump's agenda after marathon 'vote-a-rama'
The Republican-controlled Senate on Friday morning adopted a $340 billion budget blueprint designed to boost funding for President Donald Trump's immigration enforcement efforts, energy production ...NBC News - 16h -
History of Yankees' no-beard policy: George Steinbrenner's facial hair rules changed after nearly 50 years
Steinbrenner's son, Hal, announced a major change on Friday morningCBS Sports - 9h -
Palantir drops for a second day as cult stock loses momentum
Wednesday's decline came as investors keyed in on the CEO's new stock sale plan and the possibility of defense cuts.CNBC - 1d -
Zack Martin retiring: Cowboys All-Pro guard intends to walk away from NFL after 11 seasons, per report
Martin's future Hall of Fame career has come to an endCBS Sports - 1d -
Guerrero plans to become free agent after season, fails to reach long-term deal with Blue Jays
Vladimir Guerrero Jr. plans to become a free agent after the season following the passing of his deadline to reach a long-term agreement with the Toronto Blue JaysABC News - 3d -
Johnny Damon, Gerrit Cole and other MLB players who cut their hair after joining the Yankees
The Yankees' long-standing facial hair policy was changed Friday, owner Hal Steinbrenner announced.Yahoo Sports - 4h -
Stocks tumble as Walmart sales growth forecast disappoints
Stocks tumbled from all-time highs Thursday in the wake of Walmart projecting a lower-than-expected sales outlook.NBC News - 1d -
Pentagon layoffs paused for now, official says
The Pentagon is pausing the impending cuts to probationary civilian employees that could have affected around 50,000 people working for the Defense Department, a U.S. official tells CBS News. ...CBS News - 9h -
5,400 civilian workers on Pentagon chopping block
{beacon} Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story 5,400 civilian workers on Pentagon chopping block The ...The Hill - 3h