Latest in Alphabet Spends
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Ocasio-Cortez warns Senate Democrats over advancing stopgap spending measure
Rep. Alexandria Ocasio-Cortez (D-N.Y.) urged her Democratic colleagues in the Senate to vote against the House-passed stopgap spending measure, warning them to be weary of "procedural games." “It ...The Hill - Mar. 12 -
Some Senate Democrats split over spending bill to avert government shutdown
Senate Minority Leader Chuck Schumer said Republicans don't currently have the votes to pass the short-term spending bill. Some Democrats say they are split over whether to support the stopgap ...CBS News - 6d -
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How Americans are spending their retirements at sea
The U.S. is seeing a surge of retirements as more than 4 million people will turn 65 this year. Some are choosing a life at sea for their golden years. CBS News' Nancy Chen has more.CBS News - Mar. 10 -
Consumer Spending Rose Weakly in February
Tepid gains after a January dropoff indicate growing caution among U.S. shoppers amid stock market plunges and DOGE job cuts.Inc. - 2d -
House spending bill facing Senate opposition with government shutdown deadline 2 days away
House Republicans' six-month spending bill will need Democratic support in the Senate to pass into law before Friday's government shutdown deadline. CBS News congressional reporter Taurean Small ...CBS News - Mar. 12 -
Democratic leaders amp up pressure on Senate colleagues to oppose GOP spending bill: ‘Stand with us’
The leading Democrats in the House are ramping up the pressure on Senate Democrats to oppose the GOP’s spending bill, warning that the proposal would slash crucial public services to vulnerable ...The Hill - Mar. 12 -
House Democrats bash Senate colleagues for backing GOP spending bill: ‘Huge slap in the face’
House Democrats are furious at their fellow Democrats in the Senate for supporting a Republican spending bill, saying Minority Leader Charles Schumer (D-N.Y.) and other aisle-hopping senators are ...The Hill - 5d -
‘Not quite yet beautiful’: Republicans at odds over spending cuts after meeting Trump
Senate Republicans aren’t seeing eye to eye with their colleagues in the House over places to cut spending in order to pay for their extension of the 2017 Trump tax cuts. GOP members of the Senate ...The Hill - 5d -
US shoppers modestly increased spending last month as concerns rise about economy
US shoppers stepped up their spending a just bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the ...ABC News - 2d -
Congressional Black Caucus members condemn spending bill as ‘blank check’ for Trump, Musk
Members of the Congressional Black Caucus have condemned the House-passed spending bill and vowed to vote against it when it comes up in the Senate, even as other Democrats say they’ll support ...The Hill - 5d -
Boosted defence spending will come at cost of manifesto pledges
Government should level with public about which promises it cannot afford to keepFinancial Times - Mar. 10 -
Americans are spending more and more time at home
COVID-19 spurred more Americans to stay home. But this trend didn't start or end with the pandemic, research shows.CBS News - Mar. 10 -
How DOGE is already changing the spending process in Congress
The Department of Government Efficiency (DOGE) has done significant work in exposing wasteful government programs, but this has created a difficult situation for the Trump administration as they ...The Hill - Mar. 12 -
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Germany’s Merz agrees spending deal with Greens
Agreement paves way for flagship defence and infrastructure package to be adopted by parliament next weekFinancial Times - 5d -
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Trump Signs Spending Bill to Fund Government
The bill was passed just hours before a midnight deadline to avoid a lapse in funding, which would have shut down the government.The New York Times - 4d -
Crackdown on government credit cards to cut 'wasteful' spending
Purchases include £2,500 spent at a women's shoe shop in Barbados and £1,200 on luxury coffee pods.BBC News - 1d -
Germany set to vote on historic increase in defence spending
German MPs could pave the way for huge investments to defend Europe against a threatening Russia.BBC News - 1d -
Germany’s parliament approves Merz’s €1tn spending plan
Chancellor-in-waiting uses outgoing Bundestag to loosen debt brake and unleash investments in defence and infrastructureFinancial Times - 1d -
Reeves to squeeze public spending further in Spring Statement
Billions of pounds of savings sought from Whitehall budgets to fill a hole in the public financesFinancial Times - 1d -
Microsoft has been the worst Big Tech stock lately. Here’s why it may become the best.
Microsoft is getting more disciplined on AI spending and is better positioned than rivals for a consumer-spending slowdown, according to one analyst.MarketWatch - 5d -
Uncertain Shoppers Slow Spending as Retailers Temper 2025 Expectations
The Conference Board said consumer confidence took its biggest one-month slide in four years, forcing many national chains to lower earnings guidance.Inc. - Mar. 7 -
Can Germany spend its way out of industrial decline?
Chancellor-to-be Friedrich Merz wants to expand investment in defence and infrastructure. The race to re-arm could be a much-needed boost for manufacturingFinancial Times - Mar. 8 -
‘Game changer’: German spending plans lift bond market’s growth forecasts
Chancellor-in-waiting Merz’s promise to do ‘whatever it takes’ pushes Bund yields sharply higher in anticipation of more issuanceFinancial Times - Mar. 8 -
House GOP seeks spending cuts, defense increases in plan to avert shutdown
House Republicans on Saturday unveiled a six-month stopgap government funding plan, that seeks cuts to nondefense programs while boosting funding for defense. The bill's rollout kicks off a crucial ...The Hill - Mar. 8 -
Trump-district Democrats face risky vote on GOP spending bill
House Democrats in districts carried by President Trump are confronting a potentially risky vote next week when GOP leaders are expected to put their partisan government funding bill on the floor. ...The Hill - Mar. 9 -
Nail-biter spending vote could hinge on Trump-district Democrats
Centrist Democrats are keeping them guessing. Heading into Tuesday’s vote to fund the federal government, almost a dozen House Democrats in Trump-won districts have yet to reveal if they’ll join ...The Hill - Mar. 10 -
Fintech stocks plummet as Wall Street worries about consumer spending, credit
Fintech stocks were some of the biggest decliners on Monday as the Nasdaq suffered its steepest drop since 2022.CNBC - Mar. 10 -
Ad spending on women's sports more than doubled last year
Ads during women's sports programs were 40% more impactful than the average primetime advertisement, according to EDO.CNBC - Mar. 11 -
Elon Musk Suggests DOGE Team Will Scrutinize Social Security and Entitlement Spending
In an interview with Larry Kudlow, Elon Musk claimed that fraud in Social Security and other major programs was “the big one to eliminate.”The New York Times - Mar. 11 -
G.O.P. Spending Bill Would Force $1 Billion Cut to D.C. Budget
Republicans omitted a standard provision approving the District’s budget in a stopgap funding measure needed to avert a shutdown before the end of the week. The result would be a 16 percent cut.The New York Times - Mar. 11 -
Lone Democrat to back House GOP spending bill explains decision
Rep. Jared Golden (D-Maine) defied House Democratic leadership on Tuesday when he voted for the GOP’s bill to avert a government shutdown — the only one in the caucus to support the stopgap. ...The Hill - Mar. 11 -
House GOP Passes Spending Bill to Avert Government Shutdown
Approval of the bill sent it to the Senate, where Republicans need the cooperation of several Democrats to move it past a filibuster and to passage before a midnight deadline on Friday.The New York Times - Mar. 11 -
House spending bill to avert shutdown faces hurdles in Senate
House Speaker Mike Johnson was able to squeeze a short-term government funding bill through a vote by a slimmest of margins. Attention now turns to the senators across the hall with a government ...CBS News - Mar. 11 -
How to Spend Less Time on Social Media (or Leave It Altogether)
If you’re feeling overwhelmed but don’t quite have the willpower to curb your online habit, your phone can help you manage your time online.The New York Times - Mar. 12 -
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FirstFT: Musk’s government spending cuts fail to halt rising costs
Also in today’s newsletter, Putin’s frontline visit and a new FT film on Nvidia’s riseFinancial Times - 6d -
Farms, Food Banks Cut Off Guard By Spending Cuts
Promising a return to “fiscally responsible initiatives,” the Agriculture Department ended two Biden-era programs that paid farmers to provide food to schools and low-income families.The New York Times - 6d