Latest in Taxing the rich could help cover increased French defence spending
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French Child Sex Abuse Trial of Ex-Doctor Highlights Unheeded Warnings
Joël Le Scouarnec is charged with raping or sexually assaulting 299 people, mostly his young patients. His family’s testimony suggested a culture of silence around sexual abuse by him and others.The New York Times - 16h -
Class UK defence investments as ethical, Labour MPs urge banks
Letter to lenders and fund managers seeks to sweep away elements of ESG rules that hamper arms companiesFinancial Times - 3h -
Can Europe’s defence groups step up if Trump pulls back?
Region’s arms companies have been soaring but the US president’s approach could turbocharge their ascentFinancial Times - 3h -
Why Germany’s defence splurge pushes EU allies to follow suit
Also in this newsletter: cranking up the pressure on low-cost parcelsFinancial Times - 2h -
China government spending on citizens lags economic peers
Relatively low expenditure that directly supports individual consumption could undermine growth effortsFinancial Times - Feb. 23 -
English councils’ spending on emergency housing surges
Near-80% jump in expenditure to £732mn reflects increasingly acute homelessness crisis, says charityFinancial Times - Feb. 25 -
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 - Feb. 25 -
Judge indefinitely pauses Trump spending freeze
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story Judge indefinitely pauses Trump spending freeze A federal judge on Tuesday indefinitely blocked the ...The Hill - Feb. 25 -
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 - Feb. 26 -
Where NATO members rank on defense spending
President Trump has called on NATO allies to increase their defense spending to 5 percent, with only three countries currently meeting the 2 percent threshold, while NATO Secretary General Mark ...The Hill - Feb. 26 -
UK government insists consultancy spending cuts ‘on track’
Big firms won £1.5bn of UK government work in 2024, an increase on the previous two yearsFinancial Times - Feb. 27 -
Starmer pledges boost in UK defense spending
Ukrainian Prime Minister Keir Starmer pledged billions of dollars for defense spending before he met with President Trump at the White House. CBS News' Willie James Inman has more.CBS News - 6d -
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Chancellor set to cut welfare spending by billions
Cuts to areas including welfare will be put to the official forecaster ahead of the Spring Statement.BBC News - 19h -
Mets extend streak as top-spending MLB team
The Mets led the major leagues in spending for the third straight season in 2024 as total MLB spending, based on regular payrolls, rose 1.8% to $5.158 billion.ESPN - 17h -
Trump administration to expand blitz against spending on consultants
Firms including Deloitte and Accenture told to justify billions of dollars’ worth of contractsFinancial Times - 3h -
GOP tax leader promises Trump a bill with no tax on tips, overtime. Here’s his aggressive timeline.
A GOP package aims to extend the 2017 Trump tax cuts and include new breaks for seniors and Americans who rely on tips and overtime pay.MarketWatch - 14h -
Help is coming in the AI copyright wars
Artificial intelligence companies must decide how to pay for the human-generated content they needFinancial Times - 6d -
‘War feminism’ helped doom USAID
The failure to deliver women’s liberation to Afghanistan delegitimized USAID in the eyes of Americans who have decided to turn away from the idea of development aid altogether.The Hill - 14h -
Together AI’s $305M bet: Reasoning models like DeepSeek-R1 are increasing, not decreasing, GPU demand
The demands of DeepSeek's advanced reasoning capabilities are pushing enterprises toward Together AI's optimized infrastructure platform.VentureBeat - Feb. 21 -
Agency speeds up Social Security Fairness Act timeline, with lump sums, benefit increases for millions of people
The agency had previously said it could take "more than one year" to process benefit changes following the passage of the Social Security Fairness Act.CNBC - Feb. 26 -
Trump says Canada, Mexico tariffs will go into effect Tuesday, China tariffs to increase
President Trump confirmed Thursday that tariffs he had threatened and then delayed against Canada and Mexico are set to go into effect next week, while China will face increased tariffs as part of ...The Hill - 6d -
NFL reveals massive salary cap increase for 2025 season with new league year kicking off March 12
Teams will have a much bigger allowance this upcoming seasonCBS Sports - 6d -
Trump Says Canada and Mexico Tariffs Will Start March 4, Plus an Increase on China
The president also said he would impose an additional 10 percent tariff on China as he tries to force other countries to take more action on drug shipments.The New York Times - 6d -
Most Americans in new survey support funding increases as Trump admin seeks cuts
Far more Americans support increasing federal funding in key areas than those who favor decreasing funding, according to a new survey, even as the Trump administration seeks sweeping cuts to ...The Hill - 3d -
Mavericks to increase season ticket prices for next season by more than 8% after maligned Luka Dončić trade
The Dončić trade remains enormously unpopular in Dallas but that's not stopping the ticket officeCBS Sports - 2d -
China announces their own retaliatory tariffs after Trump increases levies against Beijing
China has announced retaliatory tariffs against U.S. food imports in response to President Trump's increased levies on Chinese goods. CBS News foreign correspondent Anna Coren has more.CBS News - 1d -
Best Buy shares plunge as CEO warns price increases are 'highly likely' due to Trump tariffs
Best Buy beat Wall Street's fourth-quarter earnings and revenue estimates as the company's computing and phone sales increased.CNBC - 1d -
Best Buy CEO says tariffs make price increases for Americans highly likely
Tariff uncertainty is adding to the pressure on consumers caused by a long period of high inflation, sending the retailer’s stock toward its worst day in more than 3 yearsMarketWatch - 1d -
Weekly mortgage demand increases 20% after interest rates drop to lowest since last year
A sharp drop in mortgage interest rates finally lit a fire under loan demand.NBC News - 17h -
Google agrees to pay Italy $340 million to settle a tax evasion investigation
Italian prosecutors say they are seeking to drop a tax evasion investigation against Google after the tech giant agreed to pay a 326 million euro ($340 million) settlementABC News - Feb. 19 -
Cruise stocks tumble after Commerce Secretary Lutnick signals tax crackdown
Royal Caribbean was the hardest hit.CNBC - Feb. 20 -
IRS layoffs underway around the country as millions prepare to file taxes
The IRS has begun laying off more than 6,000 new and newly promoted employees across the country as part of the push to slash the federal government, sources say.ABC News - Feb. 20 -
What does DOGE's IRS shake-up mean for tax season?
DOGE wants access to filers’ data, and the commerce secretary says Trump wants to scrap the IRS. But filing a return remains mandatory — the earlier the better, tax advisers say.NBC News - Feb. 20 -
What Do the Mass IRS Layoffs Mean for Your Business Tax Filings?
The IRS just laid off at least 6,000 employees, which could lead to slower processing times–or lax enforcement.Inc. - Feb. 21 -
I.R.S. Fires 6,700 Employees Amid Tax Filing Season
The layoffs at the Internal Revenue Service came alongside additional firings at the Transportation Security Administration and the C.I.A.The New York Times - Feb. 21 -
Did You Sell Concert Tickets or Clothes? You May Owe Taxes
If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore it, an expert says.The New York Times - Feb. 21 -
Don't wait to file your taxes this season, experts say. Here's why
Nearly one-third of Americans procrastinate filing their taxes. But here's why you shouldn't wait this season, experts say.CNBC - Feb. 21
