Latest in Snip, snip: Spending cuts are coming
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Musk intensifies government spending attack with push to cut all regulations
The tech billionaire calls USAid, the government conduit of international aid programmes, ‘evil’. US politics live – latest updates Elon Musk has proposed a “wholesale removal of ...The Guardian - 2h -
Snip, snip: Spending cuts are coming
The federal debt has exploded to $36 trillion and annual deficits now approach $2 trillion fThe Hill - 5h -
Cuts to maths are a national miscalculation
I was lucky to be taught the power of mathematics but threats to the subject now endanger the UK’s AI ambitionsFinancial Times - 13h -
Fed interest-rate cuts might not come anytime soon, two top officials say
Two senior Federal Reserve officials said Monday that they are in no rush to cut interest rates further given the uncertainty surrounding the U.S. economic outlook and the White House’s new ...MarketWatch - 23h -
How to spend it in February
HTSI writers pick the best food, fashion, auctions, exhibitions and adventures for the month aheadFinancial Times - 4d -
Visa gives rosy guidance as spending growth improves
Visa saw 9% growth in spending volume during the December quarter versus 8% in the September quarter.MarketWatch - 4d -
The White House Pulled Back Its Spending Freeze
Also, Menendez was sentenced to 11 years in prison. Here’s the latest at the end of Wednesday.The New York Times - 5d -
Thursday Briefing: Trump Reverses Spending Freeze
Plus, celebrating the Lunar New Year.The New York Times - 5d -
Man City's transfer spending is booming -- and there's more still to come
Man City had to do a U-turn on their usual transfer strategy, and the spending boom isn't slowing down.ESPN - 6d -
Steinbrenner: 'Difficult' to spend like Dodgers
Yankees owner Hal Steinbrenner said it is "difficult" for other teams to keep up with the Dodgers' offseason spending.ESPN - 6d -
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Trump’s spending freeze roils Capitol Hill
The Trump administration’s expansive freeze on federal grants and other executive spending roiled Washington on Tuesday, drawing howls from Democrats — and a few well-placed Republicans — who say ...The Hill - 6d -
A Judge Temporarily Blocked Trump’s Spending Freeze
Also, the U.S. urged its citizens to leave Congo. Here’s the latest at the end of Tuesday.The New York Times - 6d -
How the Trump Administration Is Scrutinizing Federal Spending
A sweeping directive from the Office of Management and Budget requires federal agencies to subject hundreds of grant programs to ideological litmus tests.The New York Times - 6d -
Democrats to hold ‘emergency’ meeting on Trump’s spending freeze
House Democratic leaders have arranged an “emergency” meeting of the full caucus on Wednesday in response to President Trump’s decision to freeze a large chunk of federal spending. The meeting, ...The Hill - 6d -
Denmark to spend billions more on Arctic security
The move comes after President Donald Trump said he wants to acquire Greenland, an autonomous Danish territory.BBC News - Jan. 27 -
Transfer spending up on last year with week to go
Manchester City are responsible for more than half of all money spent so far in this January transfer window - with one week until deadline day.BBC News - Jan. 27 -
A look at Trump's NATO spending targets
Presented by Lockheed Martin — The U.S. spends around 3 percent of economic output on defense {beacon} Defense &National Security Defense &National Security The Big Story Unpacking Trump's push ...The Hill - Jan. 24 -
Proposed GOP spending cuts a ‘shell game,’ says House top Budget Committee Dem
Rep. Brendan Boyle (D-Pa.) joins Meet the Press Now to discuss Republican efforts to raise the debt limit and potential spending cuts to finance President Trump’s agenda.NBC News - Jan. 24 -
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.The Wall Street Journal - Jan. 24 -
Meta nearly doubling spending with eye toward AI
Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development. Meta is planning to invest ...The Hill - Jan. 24 -
Warren sends Musk 30 ideas for DOGE to cut government spending
Sen. Elizabeth Warren (D-Mass.) sent tech billionaire Elon Musk 30 ideas for how the newly formed Department of Government Efficiency (DOGE) could cut government spending. Warren's Thursday letter ...The Hill - Jan. 23 -
Trump’s second coming and the world
An economic renaissance is unlikely, not least because the US economy is very far from the disaster he proclaims it to beFinancial Times - Jan. 21 -
Stirewalt: Will Trump invest his political capital or spend it?
Do you feel like “sunlight is pouring over the entire world?” It probably depends on whether you voted for the man who offered those sentiments about his own reascendance to the presidency this ...The Hill - Jan. 21 -
Biden to Spend a Last Day as President in Charleston
President Biden will spend his final full day in office in Charleston, S.C., where five years ago he revived his flailing campaign.The New York Times - Jan. 19 -
Severance spending at top UK universities surges
FT analysis shows drop-off in overseas enrolments pushed redundancy payouts up by more than a fifth in 2024Financial Times - Jan. 19 -
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and changes to programs like Medicare and Social Security in preparation for their ...The Hill - Jan. 17 -
5 ways to spend less money in 2025
Economic issues are straining people's finances, but these tactics can help you free up cash and spend less money.CBS News - Jan. 17 -
Treasury Says Pandemic Spending Saved Jobs
Treasury Secretary Janet Yellen said the Biden administration’s stimulus checks reduced major downside risks.Inc. - Jan. 15 -
BoE may need to speed up rate cuts in coming year, policymaker says
Alan Taylor says stalling UK economy raises risks that five or six reductions will be neededFinancial Times - Jan. 15 -
Spike in UK borrowing costs raises specter of public spending cuts
Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.CNBC - Jan. 13 -
How a Driving Instructor to the Stars Spends Her Sundays
Shanti Gooljar grabs some coffee before eight hours of heart-racing driving lessons around New York City. She caps off her day by having dinner with her son.The New York Times - Jan. 11 -
Reeves faces 'difficult decisions' on tax and spending
The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.BBC News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
Whitehall braced for spending cuts after UK hit by bond market turmoil
Rising gilt yields mean government departments may face further squeezeFinancial Times - Jan. 10 -
Why are the A's spending big this winter as they relocate to Sacramento?
Brent Rooker's $60 million extension marks the latest expenditure for the typically thrifty A's.Yahoo Sports - Jan. 9 -
Sources: A's keep spending with Rooker extension
Designated hitter Brent Rooker and the Athletics are in agreement on a five-year, $60 million contract extension, sources told ESPN, continuing a winter of uncharacteristic spending with a ...ESPN - Jan. 7 -
Trudeau's era comes to an end
Yahoo News - Jan. 6 -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6