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Democrats grill Trump budget pick
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump’s pick for budget chief faces fire in hearing Democrats grilled Russell ...The Hill - Jan. 15 -
DuPont brings a twist to its spinoff plans
The chemicals giant said late Wednesday that it would keep its water-filtration business after all.MarketWatch - Jan. 15 -
Trump’s pick for budget chief echoes his ‘power of the purse’ dreams
The president-elect's nominee for White House budget director reiterated that Trump believes law protecting Congress’ funding power is unconstitutional.Politico - Jan. 15 -
5 Budgeting Apps to Help You Save Money
Looking to start a personal budget or save come cash? Here are a few smartphone apps that can help you penny-pinch your way to financial peace of mind.Wired - Jan. 15 -
U.S. budget deficit swells to record $711 billion in first quarter of fiscal year
The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39%, the Treasury ...MarketWatch - Jan. 14 -
Putin’s Plan for Peace Is No Peace at All
Now is the time for the United States to build on its historic success supporting Ukraine, not squander it.The New York Times - Jan. 14 -
What are the challenges facing the government's AI action plan?
Sir Keir Starmer has unveiled proposals which he says will make the UK 'one of the great AI superpowers'.BBC News - Jan. 13 -
Kristin Crowley: LA fire chief publicly criticizing the city’s budget cuts
LA’s first female fire chief, in a public spat with the mayor, is a 25-year veteran who’s prioritized diversifying her team. Kristin Crowley was appointed Los Angeles fire chief in 2022 at a time ...The Guardian - Jan. 12 -
Stavridis says Trump’s plan for Greenland ‘not a crazy idea’
James Stavridis, former NATO supreme allied commander, said he doesn’t think President-elect Trump’s comments about Greenland are “crazy." “It’s not a crazy idea.… We could do an awful lot in terms ...The Hill - Jan. 12 -
‘A welfare state with a budget on the right side of zero’: Iceland’s youngest-ever prime minister has a plan for a new kind of governance
Kristrún Frostadóttir, who entered politics just four years ago, speaks to the Observer about feminism, the far right and reopening talks on joining the EU. Nearly 45 years ago, Iceland made ...The Guardian - Jan. 12 -
Los Angeles Fire Department budget sustained cuts but saw overall increase
Los Angeles Fire Department budget sustained cuts but saw an overall increase.ABC News - Jan. 11 -
Carville: Reported $40M budget for Melania Trump Amazon documentary 'breathtaking'
Democratic strategist James Carville questioned the $40 million budget for Melania Trump’s documentary set to debut on Amazon Prime later this year. “You can produce a world-class documentary for ...The Hill - Jan. 10 -
Will Meta’s Plan to End Fact Checking Work Politically?
Meta’s plan to end its fact-checking program shows how business leaders are shifting their priorities to adapt to another Trump administration.The New York Times - Jan. 10 -
Extended interview: L.A. fire chief on how budget cuts limited fire response "to a certain factor"
Los Angeles Fire Chief Kristin Crowley praises resilient firefighters as they battle fires across Los Angeles, talks about whether $17 million in budget cuts hampered the agency's wildfire ...CBS News - Jan. 10 -
Questions mount over budget cuts made ahead of L.A.-area wildfires
Los Angeles city leaders are facing mounting questions over whether the city was prepared as the wildfires, including the Palisades Fire, broke out. L.A. Mayor Karen Bass is also facing criticism ...CBS News - Jan. 10 -
Why Elon Musk had to drop his ‘DOGE’ pledge to cut $2 trillion from the federal budget
We told you he would months ago, when he made the promise.MarketWatch - Jan. 10 -
L.A. fire chief on whether budget cuts impacted the fire response
Los Angeles Fire Chief Kristin Crowley spoke to "CBS Evening News" anchor and managing editor Norah O'Donnell about whether $17 million in budget cuts hindered the agency's wildfire response.CBS News - Jan. 9 -
World’s richest use up their fair share of 2025 carbon budget in 10 days
Emissions caused by wealthiest 1% so far this year would take someone from poorest 50% three years to create. The world’s richest 1% have already used up their fair share of the global carbon ...The Guardian - Jan. 10 -
A month before fires, L.A. fire chief warned about impact of budget cuts
The Los Angeles Fire Department's budget was cut by $17.6 million, about 2%, this fiscal year. The fire chief warned last month it would make it harder to respond to emergencies.CBS News - Jan. 9 -
Fetterman says he plans to meet with Trump
Sen. John Fetterman (D-Pa.) said he plans to meet with President-elect Trump at his resort in Florida; he will likely be the first Democratic lawmaker in the upper chamber to meet with the incoming ...The Hill - Jan. 9 -
49ers plan to release Hargrave but not Deebo
The 49ers said Wednesday they plan to release defensive tackle Javon Hargrave with a post-June 1 designation, but that wide receiver Deebo Samuel Sr. is not going anywhere.ESPN - Jan. 9 -
Under Shadow of Planned Tariffs, Auto Suppliers Rethink Production Plans
From the sidelines of CES 2025, global car parts suppliers ponder the consequences of Trump’s threatened import duties.Inc. - Jan. 9 -
The hole in Keir Starmer’s plan for the NHS
Also in this newsletter: demand for special educational needs provision doublesFinancial Times - Jan. 9 -
Elon Musk says DOGE probably won't find $2 trillion in federal budget cuts
Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most likely not find $2 trillion in savings, backtracking on a goal he set ...NBC News - Jan. 9 -
London’s airports test Labour with plans for rapid growth
Luton and Gatwick ruling to come this year, while Stansted and City expansion already approvedFinancial Times - Jan. 9 -
Pentagon 'not aware of any plans' to take Greenland by force
The Pentagon on Wednesday said it was “not aware” of any plans to invade Greenland if ordered to do so, after President-elect Trump a day earlier refused to rule out using military force to seize ...The Hill - Jan. 8 -
Lynch confirms 49ers' plan to release Hargrave in offseason
John Lynch confirmed the San Francisco 49ers' plan to release defensive tackle Javon Hargrave after June 1.Yahoo Sports - Jan. 8 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
UK school budgets eroded by spiralling special needs costs, report shows
SEN spending and higher wages leave headteachers facing ‘very tight’ accounts in 2025, says IFSFinancial Times - Jan. 8 -
What D.C. has planned to honor Jimmy Carter
Jimmy Carter's casket has arrived at Joint Base Andrews in Maryland as the events to honor the former president begin in Washington, D.C. CBS News' Ed O'Keefe reports.CBS News - Jan. 7 -
Call Of Duty Budget Reportedly As High As $700 Million Per Game
Big video games take a lot of money to make, but the industry is very secretive in exactly how much is spent developing them. However, it looks like we might have some insight on how much money it ...GameSpot - Jan. 7 -
Meta Reveals Plan to Alter Fact-Checking Program
The move will end a third-party fact-checking system and rely on users to add notes or corrections to posts. It is likely to please the incoming Trump administration and its conservative allies.The New York Times - Jan. 7 -
Next blames clothes price rises on wage increases set out in Budget
The retailer expects employee costs to increase by £73m due in part to rising National InsuranceBBC News - Jan. 7 -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - Jan. 7 -
Taiwan holds military drills as concerns rise over possible defense budget cut
Taiwan is beginning three days of military drills as concerns rise over potential cuts to the island's defense budgetABC News - Jan. 7
