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DOGE’s $1 Federal Spending Limit Is Straight Out of the Twitter Playbook
On this special episode of Uncanny Valley, we talk about Elon Musk’s move to put spending limits on US government employee credit cards, plus how DOGE is embracing AI.Wired - 18h -
The NHS is spending a fortune giving people a death they don't want
The UK was once ranked the best country for end-of-life care - but, say experts, that has all changedBBC News - 14h -
Elon Musk’s Doge to expand blitz against spending on consultants
Firms including Deloitte and Accenture told to justify billions of dollars’ worth of contractsFinancial Times - 9h -
Germany’s ‘whatever it takes’ spending push to end years of stagnation
Europe’s largest economy could return to pre-pandemic growth trendFinancial Times - 9h -
Air France-KLM targets ‘unbelievable’ spending of American travellers
Surge in demand for premium leisure will help airline group boost profits, says chief executive Ben SmithFinancial Times - 7h -
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Trump's AI safety cuts
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story AI safety institute faces cuts under Trump Potential cuts to the U.S. AI Safety Institute (AISI) are ...The Hill - Feb. 24 -
'Indiscriminate’ Pentagon cuts unnerve Democrats
{beacon} Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story 'Indiscriminate’ Pentagon cuts unnerve Democrats Democrats ...The Hill - Feb. 21 -
VA secretary: 'We're not cutting benefits'
Veterans Affairs (VA) Secretary Doug Collins defended the Trump administration's recent layoffs at the department, arguing Thursday that cuts have not been made to "critical health care" or other ...The Hill - Feb. 21 -
NOAA braces for steep job cuts
{beacon} Energy & Environment Energy & Environment The Big Story NOAA set to slash jobs ‘imminently’ Mass firings are set to hit the National Oceanic and Atmospheric Administration (NOAA) ...The Hill - Feb. 21 -
Businesses Are Betting on a Tax Cut Extension
The federal budget debate has big implications for the economy. Despite questions about the math, investors expect an extension of the 2017 tax cuts.The New York Times - Feb. 22 -
The Trump funding cuts will backfire if they are not stopped
One of the casualties of suspending funding for USAID programs is the global Famine Early Warning System. You can’t manage what you can’t measure.The Hill - Feb. 24 -
President Trump’s Cuts to Medical Research
How government cuts are slowing research.The New York Times - Feb. 25 -
Budget cuts at VA paused for now
Billions of dollars of cuts expected at the Department of Veterans Affairs were paused by the Trump administration as concerns emerged over changes to benefits for the nation's veterans. CBS News' ...CBS News - 6d -
Minnesota’s Red-Tape-Cutting Experiment
Last year, the state passed a law to tackle a major barrier to cleaner energy: the long bureaucratic delays to get basic permits.The New York Times - 5d -
ECB cuts interest rate to 2.5%
Rate-setters shift tone, suggesting possible pause to reductions in borrowing costsFinancial Times - 14m -
Don’t mention the war: in Germany, politicians are hiding the truth about defence spending | Paul Taylor
By centring the discourse on immigration, MPs have handed support to the far right – and hidden a ticking economic timebomb from voters. The candidates to lead Germany’s next government are ...The Guardian - Feb. 20 -
Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years
Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film Roma, which was made in Mexico and went on to international acclaim.Wired - Feb. 20 -
‘No more excuses’: Europe under pressure on defence spending three years after Russian invasion
Continent is being told to take more responsibility for its own defence in light of US president’s overtures to Putin. A few days after Vladimir Putin sent Russia’s invading forces into Ukraine in ...The Guardian - Feb. 24 -
EU spends more on Russian oil and gas than financial aid to Ukraine – report
Europe estimated to have bought €22bn of fossil fuels from Russia in 2024 but gave €19bn to support Kyiv. The EU is spending more money on Russian fossil fuels than on financial aid to Ukraine, a ...The Guardian - Feb. 24 -
Starmer defends slashing aid budget to raise defence spending to 2.5% of GDP - UK politics live
Keir Starmer says now is the time to deepen European security, as he announces new defence budget by 2027. The rightwing historian Niall Ferguson is in the audience for Badenoch’s speech, ...The Guardian - Feb. 25 -
Cava’s sales forecast misses estimates, but fast-casual chain says diners are spending more
Shares of Cava Group Inc. fell after hours on Tuesday after the Mediterranean fast-casual chain forecast full-year same-store sales that were below analysts’ expectations, following what some ...MarketWatch - Feb. 26 -
Amazon bets savings from automation can help fuel AI spending boom
US tech giant expected to spend as much as $25bn on warehouse automation in broader efficiency driveFinancial Times - Feb. 26 -
Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset
British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a fundamental strategic reset.CNBC - Feb. 26 -
2025 NFL free agency: Biggest needs for every AFC team this offseason; how will Patriots, Raiders spend money?
Breaking down the biggest needs in the AFCCBS Sports - Feb. 26 -
Eli Lilly to spend up to $27 billion in new domestic plants amid Trump tariff threat
Drugmaker Eli Lilly plans to invest up to $27 billion to build four new pharmaceutical manufacturing sites in the U.S., the company announced Wednesday, a move that comes as President Trump is ...The Hill - Feb. 26 -
Eli Lilly to spend $27 billion to expand U.S. manufacturing with four new sites
Eli Lilly & Co.’s stock rose 1.6% Wednesday, after the drug company announced plans to expand its U.S. manufacturing sites by adding four more locations this year, along with 13,000 high-wage jobs.MarketWatch - Feb. 26 -
Trump rips McMaster: ‘We should spend less time worrying about Putin’
President Trump slammed H.R. McMaster after his former national security adviser said he is "being played" by Russian President Vladimir Putin, with Trump adding he believes “we should spend less ...The Hill - 3d -
The top 10% of Americans are propping up the economy. Here’s what will happen if they stop spending.
The wealthy are spending, but many consumers are pulling back — and the stock market is fragile.MarketWatch - 2d -
TSMC, the Chip Giant, Is to Spend $100 Billion in U.S. Over the Next 4 Years
The investment plan, announced at the White House, was made as the Trump administration pushes to bring chip making back to the United States.The New York Times - 2d -
EU chief proposes plan to 'urgently' increase defense spending by mobilizing around $840 billion
"Europe is ready to massively boost its defense spending," European Commission President Ursula von der Leyen said Tuesday.CNBC - 2d -
10-, 30-year yields rise as traders eye a military-spending boom in Germany
U.S. government debt mostly sold off on Tuesday, pushing 10- and 30-year yields higher for the first time in three sessions, as traders appeared to look past a tit-for-tat trade war and focused on ...MarketWatch - 1d -
German spending plans send powerful message to Putin and Trump — and to markets, analysts say
German bund yields saw historic jumps on Wednesday as traders had their first opportunity to react to plans by the country for a huge uplift in spending that the eurozone economy has for decades ...MarketWatch - 1d -
A record $100 million donation will give next gen of US Olympians $100K to spend after they retire
The U.S. Olympic team received its biggest donation ever — $100 million — to fund $100,000 payments and matching life insurance benefits for anyone who earns a spot on Team USA beginning next yearABC News - 21h -
Musk boasts federal cuts by hoisting chainsaw at conference
Elon Musk drives home his rapid shredding of the federal government by hoisting a chainsaw representing the slashing of jobs and spending during a conference. Some Republicans are facing pushback ...NBC News - Feb. 21 -
Judge allows Trump's government workforce cuts to continue
A federal judge will allow the Trump administration's cuts to the government workforce to continue after declining a request from labor unions for relief. The judge says he lacks jurisdiction and ...CBS News - Feb. 21 -
Eye Opener: Federal jobs cuts continue
Thousands more federal workers find themselves without a job as President Trump and billionaire Elon Musk continue their massive cuts. Meanwhile, bus explosions in Israel threaten the Gaza ...CBS News - Feb. 21 -
Federal agencies that could be impacted by job cuts
A federal judge has paved the way, for now at least, for President Trump, Elon Musk and the DOGE team to go ahead with mass layoffs of federal employees. CBS News senior White House correspondent ...CBS News - Feb. 21 -
Rubio’s Dilemma: Cutting Trump’s Deal With ‘Bloodthirsty’ Putin
As a senator, Marco Rubio prided himself on challenging tyrants. But as secretary of state, President Trump has tasked him with helping to potentially turn Russia from an enemy into an ally.The New York Times - Feb. 21