Latest in Billions Federal Aid
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Trump administration frees up billions in federal aid for Pennsylvania: Shapiro
Pennsylvania Gov. Josh Shapiro (D) said the Trump administration has agreed to unfreeze more than $2 billion in state funding he claimed was unlawfully withheld, in part citing his recent lawsuit ...The Hill - 10h -
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Fresh executive order targets sanctuary cities, federal aid for undocumented migrants
The action marks Trump’s latest attempt to crack down on illegal immigration.Politico - 5d -
Judge indefinitely blocks Trump’s plan to freeze federal aid
A federal judge on Tuesday indefinitely blocked the Trump administration’s freeze of federal funding, dealing a stark blow to President Trump’s sweeping efforts to realign government spending with ...The Hill - 4h -
Federal judge rules Trump administration has to pay millions in foreign aid
Judge Amir Ali said the Trump administration violated a court order about foreign aid and is ordering them to pay millions to nonprofits.ABC News - 4h -
Judge continues to block Trump administration's freeze on federal aid
U.S. District Judge Loren Alikhan sided with a group of nonprofit organizations, saying that a freeze on federal assistance "may be crossing a constitutional line."CBS News - 4h -
Newsom requests nearly $40 billion in disaster aid following Los Angeles wildfires
California Gov. Gavin Newsom (D) sent a letter to members of Congress requesting nearly $40 billion in funding to rebuild communities after wildfires devastated the Pacific Palisades and Altadena ...The Hill - 2d -
The Influence of Foreign Aid
America is losing a diplomatic tool the government has relied on for decades.The New York Times - 4d -
Apple announces $500 billion investment in U.S.
Apple has announced a $500 billion investment in the U.S. over the next four years. The company also said it will hire 20,000 additional workers in the U.S. CBS MoneyWatch Correspondent Kelly ...CBS News - 1d -
The F.B.I.’s New Boss, and the Foreign Aid Fallout
Plus, a James Bond takeover.The New York Times - 4d -
Lessons in foreign aid from a trip to Uganda
When President Trump and Elon Mask brought the shutters down on USAID, I was reminded of things I had seen and heard in Uganda last month while conducting development research there — things that ...The Hill - 4d -
As the U.S. Exits Foreign Aid, Who Will Fill the Gap?
China could reap the soft-power advantage, but like Western governments, the country is cutting back on aid. Philanthropies say they cannot replace the United States.The New York Times - 3d -
Starmer cuts aid to fund increase in defence spending
The prime minister sets out plans to increase defence spending to 2.5% of national income by 2027.BBC News - 6h -
NIH Research Grants Lag Behind Last Year’s by $1 Billion
After weeks of disruption to scientific federal grants, the National Institutes of Health has fallen behind in funding research into treatments for deadly diseases.The New York Times - Feb. 18 -
UnitedHealth Medicare Advantage bombshell exposes $83 billion in government waste
Will Musk and Trump dare to take it on?MarketWatch - 4d -
$1.4 Billion Stolen From ByBit in Biggest Crypto Theft Ever
Plus: Apple turns off end-to-end encrypted iCloud backups in the UK after pressure to install a backdoor, and two spyware apps expose victim data—and the identities of people who installed the apps.Wired - 3d -
California governor asks Congress for nearly $40 billion for LA wildfire relief
California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfiresABC News - 2d -
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Apple says it will invest $500 billion in U.S. over next 4 years
Apple's plans include building a new manufacturing plant to produce Apple Intelligence servers in Texas.CBS News - 1d -
Apollo fills real-estate gap with $1.5 billion Bridge Investment deal
Apollo is adding $50 billion in assets under management to its real-estate portfolio.MarketWatch - 1d -
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Apple Will Invest $500 Billion in U.S.—and Create 20,000 Jobs
Investments will include a giant factory in Texas.Inc. - 1d -
Apple Plans to Invest $500 Billion in U.S. as Trump Tariffs Loom
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.The New York Times - 1d -
Anthropic closes in on $3.5 billion funding round as investor interest soars
AI startup Anthropic is in talks to raise a new round of capital that would roughly triple its valuation to $61.5 billion, CNBC has confirmed.CNBC - 1d -
MicroStrategy now owns $47.4 billion worth of bitcoin after latest purchases
Last week, the company disclosed that it was more than doubling its bitcoin holdings last year while reducing its workforceMarketWatch - 1d -
North Korean hackers behind $1.5 billion crypto hack: Security firm
North Korean hackers were behind a sophisticated hack that stole about $1.5 billion worth of digital currency from Bybit, a major cryptocurrency exchange, according to security firm TRM. “TRM has ...The Hill - 23h -
Bad DOGE: Firing IRS workers will fuel tax cheating and cost billions
Cutting IRS jobs may sound appealing to some, but the long-term consequences could be disastrous.The Hill - 11h -
PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027
Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo’s role in digital commerce.CNBC - 9h -
Here’s why more than $1 billion in sales was not enough for Grocery Outlet
Grocery Outlet Holding Co.’s sales topped $1 billion in the fourth quarter, slightly above Wall Street expectations, but weaker quarterly profits and 2025 guidance dragged the stock down more than ...MarketWatch - 2h -
Under Trump, D.C. Faces More Federal Control, Fewer Federal Workers
The Washington region is bracing for a shock to the local economy from President Trump and Elon Musk’s sweeping cuts to the government work force.The New York Times - 4d -
Case surge from fired federal workers jams federal board
A CBS News review of records of the U.S. Merit Systems Protection Board shows it has experienced a surge in new cases amid the torrent of layoffs by the Trump administration.CBS News - 38m -
Ecuador will seek foreign military aid to combat drug cartels as violence surges
The government of Ecuador has taken another step in its effort to gain help from foreign military forces to combat drug cartels and various organized crime groupsABC News - 6d -
International aid groups axe thousands of jobs in wake of Trump funding freeze
Fears that cuts will ‘decimate’ ability to react to crises as sector loses expertise and skills at every level, report finds. Some of the world’s largest aid organisations are axing thousands of ...The Guardian - 4d -
Daughter of aid worker beheaded by ISIS reads final texts at trial
Bethany Haines read out the last text message she would ever receive from her father, David Haines, before he was abducted and killed by ISIS over a decade ago.CBS News - 4d -
USAID aid freeze triggers health care crisis in Africa
USAID's 90-day freeze on all services has resulted in a significant loss of trust, critical health care, food aid, and medical supplies, causing life-threatening consequences for Malawian patients, ...The Hill - 4d -
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Trump administration resumes legal aid for unaccompanied migrant children
Groups like Acacia and Kids in Need of Defense called the stop-worker "devastating."ABC News - 4d -
California wildfire aid will come with 'strings,' says Trump envoy Grenell
The Trump administration will place “strings” on the recovery assistance it gives to California after the state faced deadly wildfires, Trump envoy Richard Grenell said Friday. “The federal ...The Hill - 4d -
Trump administration restores legal aid for unaccompanied immigrant children
A stop-work order had been issued to government-funded attorneys to cease counsel for about 26,000 minors. The Trump administration has rescinded its decision to cut off legal aid for ...The Guardian - 4d -
