Latest in Big Bet Spending
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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 - 6 hours ago -
Chris Mason: A change-making Budget and a moment of jeopardy
The government's fate will depend on whether it can make things better, says political editor Chris Mason.Top stories - BBC News - 23 hours ago -
The NHS and education are big winners in Reeves’ spending plan
But some Whitehall departments including the Home Office face real terms cuts to their budgetsWorld - Financial Times - Yesterday -
Which team owns betting in the Big Apple?
How does the betting market compare between New York teams?Sports - ESPN - October 17 -
The White House Bet Big on Intel. Will It Backfire?
A plan to revive U.S. chip manufacturing rests partly on a company that is firing workers and delaying factories, even as the government pushes for the opposite.Business - The New York Times - October 24 -
Defence groups bet big on drone-destroying laser weapons
Leading contractors, including RTX in the US, the UK’s QinetiQ, and Europe’s MBDA, are investing heavily in the technologyBusiness - Financial Times - October 22 -
Polymarket Identifies a French Trader Behind Big Trump Bets
Polymarket said that it had linked a single trader to accounts that have wagered heavily on the Republican to win, pushing up his odds on the prediction market.Business - The New York Times - October 24 -
Britain's Labour Party Bets on Big Taxes, Borrowing to Boost Economy
The U.K.’s new government presented its plan to jolt the country out of years of moribund growth: more taxes and a bigger state.World - The Wall Street Journal - Yesterday -
Democrats bet big on Texas, using Beyoncé's star power in bid to flip Senate seat
The Democratic Party are hoping to defeat Ted Cruz to keep control of the Senate, but it is an uphill battle.Top stories - BBC News - 6 days ago -
Investors betting on Treasurys like it’s the 2016 election all over again could be making a big mistake
The market backdrop for this presidential election isn’t remotely like 2016, says Jamie Patton, co-head of global rates at TCWBusiness - MarketWatch - 13 hours ago -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - 14 hours ago -
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.Top stories - BBC News - October 18 -
Cabinet fightback: the revolt over spending
Plus, the English justice system in crisisWorld - Financial Times - October 18 -
Reeves eyeing £40bn in tax rises and spending cuts
Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.Top stories - BBC News - October 16 -
Companies curb UK advertising spending ahead of the Budget
Marketing budgets fail to grow for the first time in 14 quarters, trade body findsBusiness - Financial Times - October 16 -
Ministers complain to Starmer over spending cuts
Some Cabinet members are alarmed at the scale of cuts being sought to plug a rumoured £40bn gap.Top stories - BBC News - October 17 -
Why Meta and Snap are spending billions on AR glasses
Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.Business - CNBC - October 24 -
Harris to spend election night at Howard University
Vice President Harris will spend election night at Howard University, her alma mater in Washington, D.C., a source familiar told The Hill. Harris primary home is in California, but she has chosen ...Politics - The Hill - Yesterday -
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 - Yesterday -
The Papers on the Budget: 'Spending power' and 'nightmare on Downing Street'
Reactions to the Budget, which saw large rises in both tax and public spending, lead the papers.Top stories - BBC News - 19 hours ago -
Workers warned Budget tax rises will hit their wages
Economists say tax rises in the Budget will mean employers have less to give as pay rises.Top stories - BBC News - 8 hours ago -
Meta and Microsoft Won’t Stop Spending on AI
Both tech giants reported strong third quarters but their stocks fell anyway.Business - Inc. - 10 hours ago -
Abortion-rights groups outspend opponents by more than 6 to 1 in ballot measure campaigns
The groups promoting abortion-rights amendments on the ballots in nine states have outraised their opponents by more than 6 to 1 and are spending far more on adsHealth - ABC News - 7 hours ago -
US election betting is on a roll
In the months leading up to election day, people from around the world have placed millions of dollars in wagers on who will be the next American presidentWorld - Financial Times - Yesterday -
How big is ‘big enough’ for China’s stimulus?
Some estimates and theoriesWorld - Financial Times - October 16 -
Heisman watch: A Big Four, and then a very big drop
Boise State RB Ashton Jeanty is the midseason favorite after his incredible start to the season.Sports - Yahoo Sports - October 16 -
Big speeches and another big garbage row
Harris gives her closing argument while Biden puts his foot in itTop stories - BBC News - Yesterday -
Big Tech goes nuclear
{beacon} Energy & Environment Energy & Environment The Big Story Big Tech turns to nuclear energy to power AI boom Major technology companies are increasingly turning to nuclear energy as they ...Politics - The Hill - October 17 -
Canadiens: No Discipline, No Big Shock
There will be no discipline against Jacob Trouba following his hit on Justin Barron in the Montreal Canadiens vs. New York Rangers game on Thursday night and it shouldn't come as a shock to anybody.Sports - Yahoo Sports - October 23 -
Trump's big tariff plans
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story What Trump can do on tariffs without Congress Former President Trump is going all ...Politics - The Hill - 6 days ago -
NBA betting: Three futures bets to make on all 30 teams this season
While not every team is a contender, each one offers a chance to make a betSports - ESPN - October 21 -
The Magnificent 7: place your bets
And the sustainability of US growth outperformanceWorld - Financial Times - 2 days ago -
Concerns over 2024 election betting
New data shows more than $100 million has been legally wagered on the Kamala Harris and Donald Trump presidential race. Koleman Strumpf, the Burchfield Presidential Chair of Political Economy at ...Top stories - CBS News - 4 hours ago -
Demis Hassabis’s drug discovery start-up accelerates spending to ‘solve’ diseases
Losses widen at Isomorphic Labs, as new Nobel Prize winner pushes forward with effort to use AI in healthcareBusiness - Financial Times - October 14