Cutting Spending Raising

Dominion Energy Will Spend $50 Billion to Increase Capacity

The Virginia-based utility firm aims to meet record energy demand from data centers.

Inc. - 40m

House GOP releases budget calling for trillions in cuts to taxes and spending

House Republicans released a budget resolution that calls for cutting taxes by up to $4.5 trillion and sets a goal of slashing federal spending by $2 trillion.

NBC News - 45m

Trump Tariffs on Steel and Aluminum May Raise U.S. Manufacturing Costs

Duties of 25 percent on steel and aluminum will flow through to car buyers, beer drinkers, home builders, oil drillers and other users of metal goods.

The New York Times - 3h

Who Should Tell Employees About Raises?

… And two other tricky workplace dilemmas.

Inc. - 1d

Hydratac raises $3M for ‘extremely realistic’ shooter game

Hydratac, with just seven people working on a next-generation "extremely realistic" shooter game, has raised $3 million.

VentureBeat - 1d

Phynd raises $10M for subscription-free smart TV cloud gaming platform

Phynd raised $10 million for its subscription-free smart TV cloud gaming platform. It comes from a man with an interesting pedigree.

VentureBeat - 1d

Waterlily Raises $7 Million to Help Aging Americans Plan for Care

Most Americans are unprepared to cover long-term care. This startup’s AI model could change that.

Inc. - 1d

Israeli Hostages’ Accounts of Abuse Raise Alarms for Remaining Captives

Freed hostages have told of starvation, and relatives of others held in Gaza say officials have relayed accounts of torture.

The New York Times - 1d

House Republicans release budget plan, with trillions in tax and spending cuts

House Republicans released a budget resolution on Wednesday, laying a foundation for approving President Trump's agenda.

CBS News - 1h

Republicans Love Trump’s Spending Cuts. Just Not in Their States.

Even as they praise the president’s unilateral actions to slash federal spending, G.O.P. lawmakers have quietly moved to seek carve outs or exemptions for their own constituents.

The New York Times - 2h

Questions raised over Lord Mandelson’s work with Chinese ‘influence operation’

New ambassador to US and his consultancy firm under spotlight over links to agency said to have aim of co-opting western businesspeople. Peter Mandelson’s face appeared at the top of the screen. ...

The Guardian - 12h

Chinese cranes at U.S. ports raise homeland security concerns

A yearlong congressional investigation found that automated cranes built by ZPMC for U.S. ports could potentially be monitored by the Chinese government.

CBS News - 17h

Chinese cranes at U.S. ports raise national security concerns

Ship-to-shore cranes are essential to operations at U.S. ports, so a congressional investigation into their connection to a Chinese-owned company is sparking serious security concerns. Carter Evans ...

CBS News - 18h

Reeves faces cutting spending or raising taxes as UK growth disappoints

Chancellor’s fiscal headroom has been wiped out, according to preliminary forecasts by watchdog

Financial Times - 20h

Schumer: Democrats will use spending bills to curb Musk

Senate Democratic Leader Chuck Schumer (N.Y.) says Democrats will push for language in the spending bills that need to pass by March 14 that would unwind Elon Musk’s efforts to dismantle government ...

The Hill - 21h

Aguilar says Democrats would oppose spending bill with Department of Education cuts

Rep. Pete Aguilar, D-Calif., said that House Democrats would vote against a government funding bill if it included cuts to the Department of Education. Aguilar claimed Republicans "don't care about ...

NBC News - 1d

DOGE can cut spending, but can it make government more accountable?

Donald Trump could deliver lasting change, by returning power back to the people where it belongs.

The Hill - 1d

Strong Storm Expected to Soak Southern California, Raising Fears of Mudslides

It could be the biggest storm the area has seen so far this winter.

The New York Times - 1d

As Musk cuts federal spending, his own firms have received billions in contracts

As Elon Musk has led an effort to slash government spending, his own companies have, over the last few years, received billions of dollars in government contracts.

ABC News - 1d

A quick way to cut $1 trillion in federal spending

President Trump suggests that state governments should have primary responsibility for handling disasters, and cutting federal taxes would allow states to access more money to address their needs.

The Hill - 1d

Israel's fatal shooting of a pregnant Palestinian woman raises fears in the West Bank

Palestinians say the fatal shooting of a pregnant 23-year-old in a refugee camp in the northern West Bank signals a worrying trend toward more lethal, warlike tactics by Israel in the occupied ...

ABC News - 1d

Former Treasury employee says DOGE access raises "real security questions"

Elon Musk's access to the Treasury's payment system is raising concerns about federal funding and personal data. Major Garrett speaks to a former Treasury employee about the role of the agency and ...

CBS News - 1d

House Republicans could raise student loan bills to pay for Trump's tax cuts

As House Republicans look for ways to slash spending to fund President Donald Trump’s tax cuts, they’ve floated proposals that could raise federal student loan bills for millions of borrowers.

NBC News - 1d

Revelations of Israeli spyware abuse raise fears over possible use by Trump

After WhatsApp claimed 90 users were targeted last year, experts concerned over how US could use cyberweapons. Even as WhatsApp celebrated a major legal victory in December against NSO Group, the ...

The Guardian - 1d

To pay for Trump's tax cuts, House Republicans could raise student loan bills for millions of borrowers

As House Republicans look for ways to cut spending to fund President Trump's tax cuts, they've floated plans that may raise student loan bills for millions.

CNBC - 1d

Trump’s budget cuts are unconstitutional

These are not presidential decisions to make but rather are legislative mandates. Congress is our only hope.

The Hill - 2d

New Zealand raises ‘concern’ as Cook Islands prepares to sign China deal

Deputy PM says New Zealand hasn’t been adequately consulted on an agreement the Cook Islands leader is expected to sign in Beijing this week. A diplomatic row has erupted between two tight-knit ...

The Guardian - 2d

Brady's B'ham, Wrexham drive record spending

Teams in League One have spent record amounts with the influence of American owners such as Ryan Reynolds and Rob McElhenney at Wrexham and Tom Brady's part in Knighthead Capital's ownership of ...

ESPN - 2d

Trump vows to cut billions of dollars from US defence spending

President says ‘fraud and abuse’ at Pentagon will be Elon Musk’s next target

Financial Times - 3d

Judges block Musk's efforts to slash federal spending

Federal judges block President Trump and Elon Musk's attempts to slash spending and reshape the federal workforce. NBC News' Aaron Gilchrist reports.

NBC News - 3d

NIH cuts overhead funding for research

The National Institutes of Health (NIH) on Friday made a significant reduction in grants reserved for research institutions, a decision that may significantly impact American higher education. The ...

The Hill - 3d

Record Valentine's Day spending expected

Valentine's Day is just a week away, and candy sales are expected to soar. It's a busy time of year for chocolatiers, including Norman Love Confections, a Florida company that produces ...

CBS News - 4d

GOP gains in voter registration raise red flags for Democrats

Republican gains in voter registration are raising red flags for Democrats in key states, underscoring the inroads the GOP made across the country in 2024. Active registered Republicans now ...

The Hill - 4d

Guardiola denies City spend due to embargo fear

Pep Guardiola has denied that Manchester City's January recruitment drive was motivated by concern within the club that they could be hit with a transfer embargo.

ESPN - 4d

Graham's plan for Trump tax cuts

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...