Latest in Congress Cut Spending
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Latest news on Trump's D.C. visit with Biden, Republicans in Congress
President-elect Donald Trump met with President Biden at the White House after gathering with House Republicans in Washington, D.C. Semafor's Kadia Goba joins CBS News with more on Trump's visit ...Top stories - CBS News - Yesterday -
Republican Congress Could Mean Slashed Taxes and Heightened Deficits
Trump’s agenda could sink the U.S. government trillions of dollars further into debt.Business - Inc. - Yesterday -
Trump secures control of Congress as Republicans win House majority
Party’s hold on both chambers gives US president-elect latitude to pursue radical legislative agendaBusiness - Financial Times - 23 hours ago -
Matt Gaetz resigns from Congress after Trump attorney general nomination
Decision by congressman, selected by Trump to lead DoJ, means end to ethics inquiry over alleged sexual misconduct. Donald Trump said he will nominate Florida congressman Matt Gaetz to be the US ...World - The Guardian - Yesterday -
Gaetz resigns from Congress — possibly skirting long-awaited Ethics report
His resignation came the same day Donald Trump nominated him to be attorney general, but some Republicans think he had other motivations.Politics - Politico - Yesterday -
Can Trump impose tariffs without Congress? It's complicated, experts say.
President-elect Donald Trump claims he can unilaterally impose sweeping tariffs on U.S. imports. The reality is more complicated, according to trade experts.Top stories - CBS News - 14 hours ago -
WATCH: Congress hears more testimony about UFOs: ‘We are not alone’
Wednesday’s joint congressional hearing by subcommittees of the House Oversight Committee was titled, "Unidentified Anomalous Phenomena: Exposing the Truth."Top stories - ABC News - 9 hours ago -
Burt Bacharach, composer of classic songs, will have papers donated to Library of Congress
The papers of composer and songwriter Burt Bacharach are being donated to the Library of CongressEntertainment - ABC News - 5 hours ago -
What's next for Congress after Trump's Gaetz nomination, other team picks?
Many of President-elect Donald Trump's team picks for his second term in the White House will have to go through the Senate confirmation process. Also, an expected House ethics inquiry into former ...Top stories - CBS News - 8 hours ago -
Durbin on Gaetz ethics report as Congress reacts to Trump's attorney general pick
Illinois Sen. Dick Durbin, the Senate's majority whip, is calling for the preservation of the report and any documentation pertaining to the House Ethics Committee inquiry into former Florida Rep. ...Top stories - CBS News - 8 hours ago -
Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall furtherWorld - Financial Times - October 23 -
OPEC extends oil output cuts
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...Politics - The Hill - November 4 -
Holiday shoppers plan to spend more while taking on debt this season
Leaning on credit cards, or even buy now, pay later, to purchase holiday gifts will come at a high cost if there are missed or late payments.Business - CNBC - October 16 -
Amex sees strong discretionary spending, but stock retreats after solid 2024 run
The company says new member benefits are resonating with younger generations.Business - MarketWatch - October 18 -
Here's How Many Hours Netflix Users Spend On The Platform Every Day
People watch a lot of Netflix, but just how much do they watch? As part of Netflix's latest earnings briefing , the company revealed the number of hours the average paid subscriber watches: ...Tech - GameSpot - October 18 -
This Museum Is Old. But With $75 Million to Spend, Why Is It So Dingy?
Decades of mismanagement and financial neglect have turned the New York State Museum, a trove of national treasures, into a dreary place.Top stories - The New York Times - October 19 -
Hawaii teenager rescued after spending night clinging to kayak in ocean
US Coast Guard and off-duty lifeguard rescued Kahiau Kawa, 17, after he became separated from his school’s paddling team. A teenager in Hawaii was recovering on Friday after spending more than 11 ...World - The Guardian - October 19 -
Trump allies spending millions to dissuade voters in key states from polls
In critical battlegrounds, Maga allies mounting lawsuits to ‘lay the groundwork’ to challenge election if he loses. US politics – live updates Key rightwing legal groups with ties to Donald ...World - The Guardian - October 21 -
Nippon Steel spends whopping $1.3M on lobbying amid merger threat
The Japanese steelmaker Nippon Steel paid its primary lobbying firm $1.3 million during a dangerous period for its proposed acquisition of U.S. Steel over the summer. From July through September, ...Politics - The Hill - October 21 -
Saab Sees Sales at Upper End of Guidance as Defense Spending Surges
The Swedish defense company said demand remained high across its business units, but it noted significant strength in its dynamics division, which produces equipment such as ground combat weapons ...Business - The Wall Street Journal - October 22 -
Thales Orders Beat Forecasts Amid Defense-Spending Surge
Thales posted orders above analysts’ expectations for the first nine months of the year as its defense and security business continued to benefit from robust military spending amid high ...Business - The Wall Street Journal - October 23 -
Reeves wraps up ‘grim’ spending talks amid council bankruptcy fears
Local government expected to suffer further squeeze in chancellor’s first BudgetBusiness - Financial Times - October 23 -
Here's how much Americans plan to spend on the holidays this year
Numerous estimates show Americans are expected to spend more on the holidays this year as wages rise and inflation cools.Top stories - CBS News - October 23 -
Chancellor to change debt rules to release billions for infrastructure spending
Rachel Reeves tells the BBC the change will allow the government to borrow more money - but cuts are still expected in her first Budget next week.Top stories - BBC News - October 25 -
Outside spending eclipses $1 billion in the presidential race, setting a new record
Outside groups have poured a record-breaking $1.1 billion into the presidential race with less than two weeks to go before Election Day.Top stories - NBC News - October 24 -
Harris, Trump and Allies Spend Over a Half-Billion Dollars in 16 Days
Donald Trump has now raised $1 billion since announcing his run for president. And he has Elon Musk’s $119 million. But Kamala Harris has a huge cash advantage.Top stories - The New York Times - October 25 -
A Psychologist Explains Why Americans Spend Billions to Scare Themselves Silly on Halloween
Why do Americans shell out north of $12 billion on Halloween? A psychologist explains the appeal of scaring ourselves silly.Business - Inc. - October 25